09:20am    Back home after a week’s holiday although not sure how much trading I will be doing today as my charts are not working as they should be on my main computer for some reason, it seems to be a price feed problem that has appeared in my absence. I will update  later in my Trading Diary below if I can get them working.

Market Update:

While I have been away the markets seem to have been dominated by the Deutsche Bank story after a large fine was handed down to the German bank from U.S. authorities for their part in the 2007/2008 financial crash and misselling scandal. The news of this $14 billion fine caused equity markets in Europe to be put on alert but late on Friday it emerged that German authorities could have negotiated a smaller ($5.4 billion) payment with the U.S. Department Of Justice and this has caused a minor rally in equity markets although the exposure/risk to other banks is not yet known so expect further volatility.

As my charts are not working at the moment, I cannot see where they are currently in regard to the Deutsche Bank situation but I will hopefully get them going during the day so I will update you on the markets tomorrow.

Trading Diary:

13:15pm   I do not think there will be any trading today as I am still having problems with my price feed.  I have now put it in the hands of some ‘experts’ while I go to lunch, back in front of my charts tomorrow morning.