07:55am   Here at home this morning catching up on emails and doing some chart watching then travelling this afternoon to Southwold for a week or so.

The U.S. S&P 500 index hit its all time high intraday yesterday in the last few hours of the session before retreating back slightly, this level has not been seen since the 25th of February. The Dow Jones also had a positive day and was spurred on by positive earnings and higher oil prices although negative home sales numbers should have dampened traders buying tendencies.

Here in Europe indices were under a certain amount of downward pressure as the Greek government are still unable to reach an agreement with its lenders although Prime Minister Alexis Tsipras has said that most of the negotiations are complete and there are just a few points to sort out. Euro finance ministers carry on the discussions in Riga today with the hope that all will be settled and they can unlock the next raft of loans for the beleaguered country.

As you may have seen from my one of my trades yesterday, Crude Oil staged a good bullish move for most of yesterday after worries about a possible drop in production across the Middle East due to renewed booming by Saudi Arabia and its allies in Yemen. WTI Crude rose $1:20 to $57:48 plus here in the UK Brent Crude had a similiar move up and is now well above the previous resistance level at $63:00 and this morning there has been another raft of prices rises and is now sitting at $65:10.  Although U.S. equity markets are pushing higher this week, Gold traders can see bearish clouds on the horizon and this sentiment pushed the value up $6 yesterday to $1193:30 and there is now the prospect of the price now reaching the top of the narrow channel it’s been in so watch out for a valuation of $1208 soon.

Market Close Thursday 23rd April 2015:   Dow Jones 30  -85.34 @ 17,949.59  S&P 500  -3.11 @ 2,079.29  NASDAQ  +18.58 @ 4,435.98  FTSE 100  +10.80 @ 7,062.93  UK AIM  +1.89 @ 750.94  DAX 30  +47.67 @ 11,939.58  CAC 40  +5.05 @ 5,192.64  IBEX   +37.70 @ 11,422.30   Nikkei 225 (Today)  +181.28 @ 20,090.37  Hang Seng (currently)  +112.06 @ 27,962.55

08:55am   There maybe a ‘long’ trade on my Brent Crude chart coming up – it’s a trendFX strategy 3 pattern.  There is also a possible UTB on my S&P 500 chart but the price is reversing now so that one looks less likely.

09:10am    I am in the trendFX position now with a 38 pip stop loss and as I am off for a cycle ride in a minute with friends so I have set-up a take profit at +38 pips. The S&P 500 UTB did not come off, the price is now heading north.

11:05am   Just back home and seen that my Brent Trade has been closed at +38 pips.

12:15pm     MT4 platform off and no more trading for the week, I’m off up the A12 now to Suffolk. My total trading profit for the week is +436 pips.