09:55am  ~  Back from my holidays late yesterday afternoon and today I shall start getting back into some sort of ‘work-mode’ although I’m not sure how successful that’s going to be !  I was supposed to be back on Monday but we had the chance of a stopover on the way back, so it was foolish not to take it.  I did check some charts yesterday evening and spotted a quick “Trade With A Day Job” evening system set-up just before 6:30pm so I had a swift ‘short’ trade for 21 pips profit. I shall keep half an eye on a few charts this morning while I get stuck into my inbox before lunch and I will report any excitement here as it happens.

A cursory glance at the S&P500 a few moments ago shows that it’s basically recouped it’s losses since I’ve been away and now stands at the early-March high of around 1885. There was a bullish move up at the end of yesterday’s U.S. trading session as a reaction to some earnings results (notably amongst them was Apple and Facebook) but there also seems some resistance as we are now close to the 1893 level of earlier in the month. Today’s earnings releases include General Motors, Microsoft, Starbucks, Caterpillar, Visa and Verizon so we may have some nice moves that short-term traders can use to their advantage.  The fact that investors have the 1893 level in their sights perhaps may help the  Gold price although looking at my chart 5 minutes ago shows that it could go either way today, there is a slightly bearish tilt now.

As expected, oil stockpiles in the US rose to their highest levels since records began and the recent bearish move south in the price of US crude oil had already taken this into account so there was no big reaction to the updated stock level numbers at Cushing – the WTI Crude price closed down just 31 cents at $101.44.

11:05am  ~  As mentioned earlier, it does seem as though the Gold price may come down and I can see the potential of a trendFX strategy 3 set-up developing at the moment on my 30min chart – I will keep you informed.

11:20am  ~  I am now in a ‘short’ position on my Gold chart – the stop-loss is 42 pips.

13:25pm  ~  We are off for a pub lunch in a few minutes, so I’ve come out of my Gold trade with a 107 pip profit.

16:40pm  ~   I am back home now after some shopping this afternoon so I shall switch my S&P500 chart in a moment to watch for any possible  “Trade With A Day Job”  set-ups.

17:10pm  ~  I have a certain strategy within the evening system manual that occurs occasionally at 5pm and this evening we’ve seen that set-up, so I am now in a ‘short’ on the S&P500. The stop-loss is an acceptable 21 pips.

19:20pm  ~  I am now out of my S&P500 position, I achieved +45 pips.

Daily Target Reached ?  YES  (+152 pips)