07:40am  Nice relaxing day at home today catching up on emails and some Skype calls. Any trades I have will be detailed below.

I shall be back here on Thursday as I am away all day tomorrow on a building project I am currently involved in.

Market Update:

The markets are gradually becoming more optimistic over the UK’s referendum in two day’s time where all expectations are for the British to vote to remain in the EU. This sentiment will no doubt be further enhanced soon by a typically last-ditch move by Prime Minister Cameron to announce some sort of a sweetener if we all vote to stay in just as he did with the Scottish referendum.

The overnight Asian market ended largely up on positive EU sentiment plus higher Crude Oil prices and with only the Shanghai Composite closing in negative territory (-0.52%) the European markets have followed on with an encouraging start to our own trading session.  There is not a great deal of economic news out today to move the indices although Fed chief Janet Yellen will be testifying later today at the Semiannual Monetary Policy Report held by the Senate Banking Committee in Washington.

On the Crude Oil market, the U.S. benchmark WTI Crude is again hovering around the significant $50 level and my 4hr chart does suggest a possible move down today after a good move up in the last few days – I shall send out a screenshot later this morning.

Trading Diary:

09:10am  Nothing much on my collection of favourite charts at the moment so I am off for a cycle ride in the sun.

10:30am  Just got back and the only thing of interest on my charts at the moment is a possible ‘short’ set-up on my Gold chart – more soon.

10:55am    I am now in a ‘short’ trendFX strategy-3 trade on my 30min Gold chart — my stop loss is 36 pips, about average for this timeframe/set-up.

 12:35pm    Off out to lunch soon so closed my Gold trade off as I am happy with my +98 pip profit.

16:40pm    No more trades to report this afternoon, I’ve been in and out of the house so no chart watching since lunchtime apart from scanning my MT4 platform for my Triangle-Trading Alert Service for the last few hours.  Back trading on Thursday – a day outside tomorrow helping builders up the road.