10:15am (CET)  ~  There’s not going to be much trading going this morning as I’ve promised to help the builder with some jobs he is doing in the pool pump-house. Hopefully I will find some time after lunch to sit down and do some emails and watch my MT4 charts.

The markets today are due for another gentle fall as the U.S. Congress is still at a stalemate concerning their debt-crisis. Traders are wary of placing any large trades in the market in case there is a surprise announcement, so profit-taking seems to be the order of the day after a good run-up in the indices last month.  This current impasse is also affecting the value of Gold, so the value is slowly edging up as investors once again seek a safe haven for their money.  Volatility is climbing in the oil markets and is likely to continue as many grow concerned over the risk of default in the U.S.

15:35pm (CET)  ~  I have just got back home after a nice lunch and I am now going to sit down for a couple of hours to do some emails and Skype calls.  I will watch some charts as well.

17:45pm (CET)  ~  There’s not much happening in the markets this afternoon but I have found one ‘short’ trade on the S&P500. The price is heading down towards 16600 so we will see if it reaches there for a quick profit.  There may well be a ‘Short’ on Gold as well if the price continues to fall on that chart.

18:55pm (CET)  ~  It’s turning out to be quite a busy evening – I’m out of my S&P500 trade at 16602 (+52 pips) and I’m in another on the same index, but this time with my “Trade With A Day Job” strategy. I also got into the Gold ‘short’ that I mentioned might happen earlier.

20:05pm (CET)  ~ I am now out of my 2nd “Trade With |A Day Job” trade of the evening, my first that I mentioned previously was stopped out at -19 pips but this second one came in at +39 pips so I still achieved the target 20 pips for the system.  My Gold trade has come down fairly well but now seems to be stuck with no real momentum, and as we’re due out for dinner in a short while I may have to just cut it short and end the position prematurely.

20:35pm (CET)  ~ I have just closed the Gold position with a small 28 pip profit, so all in all I’ve had four trades this evening, one loser and the other three coming out ahead. My overall score has come out at exactly 100 pips.

Daily Target Reached ?  YES (+100 pips)   I traded early evening today.