08:05am  ~  It looks like it’s going to be a wait and see day on the markets, all depends on what develops with regard to the Syria situation. The major world indices all staged a drop in price yesterday as the prospect of an attack by the US/UK seemed more likely, and as is quite normal, there was also a rush towards the safe-haven commodities such as Gold. The fact that Russia increased their reserves of the yellow metal during August also helped the value.  Syria was not quiet either, they have suggested (along with Iran) that any retaliation from them will include an attack on Israel, so all in all it does look like a very volatile situation which is going to have dramatic effects on the major markets.  As the prospect of unrest in the area gathers pace, fear of a disruption in oil supply also increases and that helped the WTI and Brent prices rise throughout  yesterday.

I’m off for a meeting now with builders at a property I’ve just bought up the road, but I’ll be back later to sit in front of my charts for a while. It will be a day to have Sky & Bloomberg News on to see what develops regarding the Syria situation.

11:00am  ~  I am back home now so this laptop is on and I’m going to have a brief look at my MT4 charts to see where the markets are this morning. Any trades that come will be reported on later.

11:45am  ~  It seems as though the major indices are resuming their downward march although there’s not much ‘new’ news regarding the situation in Syria at the moment. I am now in ‘short’ positions on both the S&P500 and EUR/USD and although the latter is showing a a few pips profit, my S&P trade is currently at minus 9 pips.  The U.S. open after  the UK lunchtime is quite a volatile period, so tight stops are needed if I’m still in the trades then – new traders should really be out around 1:15pm for safety.

13:25pm  ~  It’s time for me to wander into town and have some lunch at Cafe Rouge with friends so I’m now out of both trades mentioned previously.  The S&P500 position came out at +18 pips and the EUR/USD gave me +20 pips.

16:50pm  ~  Just got back from the hospital and I’m now going to sit down and watch the S&P500 for any set-ups with my “Trade With A Day Job” evening system. I’ll report back later with any trade details I may have.

19:15pm  ~  I have just come out of my 1st trade of the evening, it kicked off at 6:25pm and was stopped out shortly after with a minus 16 pip loss. I’m now on the look-out for a 2nd trade to make up the loss – this is a unique strategy on this system, whenever you have a losing trade, I have a way of ending the session with a profit.

21:35pm  ~  I came out of the market a short while ago – I did manage a second trade, and it came in at +57 pips meaning I ended this evening session at 41 pips ahead.

Daily Target Reached ?  YES (+79 pips)      I traded for a few hours this morning + the evening session