Good morning – and I hope you all had an enjoyable weekend.

I am going to change the title of my daily articles as I am in effect one day ahead of my self, as really my task this morning is to report on the trading that happened on Friday – so really this article should be entitled ‘My Trading Day ~ Friday 31st July’ if you see what I am driving at, so from tomorrow, I will skip back a day, and call it the trading day – Monday 3rd August.

So back to my day on Friday – the ‘Any-Time’ trading system produced 5 trades, (with a final score of  +59) and you will notice that the markets were all over the place, and a lot of it was due to traders waiting for the economic news announcements due out in the U.S. during our lunchtime. You will notice the erratic price movements in a few of the instruments which should make you wary of entering a trade. My ‘Trade With a Day Job’ strategy produced 2 trades shortly after 5pm and secured the usual 20 pips.

Business news today centres on Barclay’s better than expected year-on-year results which had the effect of ensuring a rise in the whole of the banking sector. Asian equites started the month undecided as they wait for more earnings announcements this week, which may give the Far-East indexes a defined direction.

I wish you all a good trading day.