08:45am CET  (07:45 UK time) ~  I’ve just got up and after a quick breakfast I’m off for a cycle ride up towards Guadalest, it’s slightly cloudy out the this morning, but the sun is supposed to be out later.  I’ve nothing planned this morning so I shall be watching my charts later and also catching up on some emailing.

We had a historic moment in the U.S. last night on the Dow Jones, the index hit 16,000 for the first time ever and my favourite instrument, the S&P500 marched over 1800 for a short while before traders stepped back for a reality check and started to bank profits after a run up that seems mainly to be powered by sentiment that the Fed is going to continue it’s money-printing programme.  Oil values are still under pressure from higher than normal inventories and WTI dropped again yesterday, although Brent has not suffered as badly, it has mainly traded in a range since last Thursday. Gold also succumbed to profit taking yesterday and dropped to $1275.  Fed Chairman Ben Bernanke is speaking tonight after the U.S. market is closed so we may see a quietening down later on during today’s session.

10:50am (CET)  ~  I have just got back here after a fast cycle upto Guadalest and back. After a quick swim and shower I’ll get into the study and get on with some emailing and chart watching.

13:35pm (CET)  ~  I’m in my first trade of the week – it’s a UTB set-up from my “Any-Time” collection of strategies on the Brent Oil chart.  I am at break-even with it at the moment and I’ll keep you posted about its progress.

16:10pm (CET)  ~  I am now out of my earlier Brent Oil position, the price has stalled and is now going back up slightly so I’m out with +36 pips.

18:05pm (CET)  ~  I have been out doing errands in Altea town but I’m back now so going to sit down with this laptop and watch for any trades that may come up with my “Trade With A Day Job” evening system on the S&P500.

18:35pm (CET)  ~  I’m in a short trade ! And there seems to be a fair amount of downward pressure as the S&P has tried to reach yesterday’s highs but failed.

19:45pm (CET)  ~  The strong bearish momentum has finally subsided so I am out of my S&P500 position with a 64 pip profit.

Daily Target Reached ?  YES  (+100 pips)         I traded on and off since midday.