07:45am  After a busy few days I’m spending today here at home catching up on emails and doing some chart watching from time to time. I will report any trades I have during the day here.

Market Update:

If you were trading yesterday you’ll have noticed the generally bearish slant to most equity markets caused by the ongoing Greek debt situation. There now seems to be more rhetoric rather than definite solutions with the Greek Prime Minister Alexis Tsipras stating that he is now finished giving concessions to his paymasters and it is now time for them to accept his suggestions on cost cutting.  The IMF has already walked away from the talks and Thursday’s meeting between Greece and their other lenders is now seen as the final chance to come to an agreement although no one seems to be very optimistic about the outcome so we are seeing a general move out of equities until the problem is resolved.

In the U.S. tomorrow’s FOMC meeting will probably see Fed Chairman Janet Yellen start to drop hints regarding her imminent rate rise and traders will be watching for any slight clues as to her timing to increase the countries minimum lending rate. There has been generally good economic news over the past few months but there is the downside risk of fall out from the impending Greek exit and also the Chinese industrial slowdown.  Gold traders and investors are taking advantage of equity uncertainty with the price rising by over $5 during yesterday’s session to end the day at $1186.40 although it has experienced a severe drop as European markets opened this morning and is now sitting at $1182.10.

09:55am   Just back from a quick cycle and the only excitement I can see on my selection of favourite charts is a possible ‘short’ trade on the S&P 500.

10:10am   The S&P 500 price has just dropped enough to trigger a ‘short’ trendFX strategy-1 position and I am now in the market with a 29 pip stop loss.

12:15pm   I have just come indoors to check my charts before I go out for lunch and I can see my ‘short’ S&P 500 trade has just been stopped out.

14:25pm   Just got into a ‘long’ position on the German Dax 30 this time — it’s a trendFX strategy-3 set-up with a 37 pip stop loss.

19:50pm   Been down on the beach for most of the afternoon but got back a few minutes ago and closed my Dax trade that’s been running since after lunch — its come in at +87 pips so my total for the day is +58 pips.