rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

Yep, 1.66 is the target although I've just taken 121pts profit as doubled down at 1.69742

I'm holding two small positions averaging 1.67772.

6819.5 short FTSE, average total short now 6756.7

at least my dow short is doing its duty today

And what about your PFC one? -):

Portsmouth Football Club....??

NEW YORK, May 9 (Reuters) - The euro's sharp decline from a 2-1/2 year high against the dollar extended into Friday, a day after European Central Bank chief Mario Draghi did his best to sap the currency's strength by threatening more monetary stimulus. The U.S. dollar, meanwhile, traded at a one-week high against a basket of its major trading partners' currencies, pulling it off a 20-month low. .DXY Draghi warned after the bank's policy meeting that the euro's strength was "a serious concern" and that the ECB was "comfortable" with taking more action to support growth and raise inflation at its June Meeting. ID:nL6N0NU39F "The euro continued to fall overnight from Draghi's comments, but that move is starting to run out of legs," said John Doyle, currency strategist at Tempus Inc in Washington, D.C. "He has a number of times attempted to talk down the euro and yet they haven't done much. The testing of $1.40 on the euro was right, but until the ECB actually acts, I don't see a sustained rally in the dollar. The market has been calling Draghi's bluff," Doyle said. In mid-morning New York trade, the euro EUR= was down 0.46 percent at $1.3776, more than two full cents below highs reached on Thursday. "For me it is not a game changer. As long as quantitative easing continues in the U.S., we expect the dollar to remain under pressure. I would expect the euro to trade higher against the dollar next week," said Lutz Karpowitz, a currency strategist with Commerzbank in Frankfurt. JOBS DATA CLOBBERS CANADIAN DOLLAR Weaker-than-expected April employment data in Canada sent a wave of selling through the loonie. A loss of 28,900 jobs defied forecasts for a gain of 12,000, suggesting the labor market has stalled. ID:nSCL9GEAHP The loonie hit a four-month high on Thursday but has since pulled back to trade down 0.57 percent at C$1.0892, or 91.71 U.S. cents. In other trading, the U.S. dollar made a steady advance. Trading in a narrow range, it edged up 0.07 percent to 101.71 yen JPY= but was still not far from a three-week low of 101.43 yen set on Wednesday. Sterling shed gains, dropping 0.45 percent against the greenback to $1.6854 GBP= , having earlier in the week nearly touched $1.70, a level it has not broken since August 2009. Trading ranges narrowed in the last hours of the week ahead of the May 11 separatist referendum in Ukraine. Pro-Russian separatists voted unanimously on Thursday in favor of holding a referendum on independence, ignoring calls by Russian President Vladimir Putin to postpone the vote to open the way for talks with Kiev authorities.

i have my head in a bucket with PFC :-)
at least i don't hold WAND or BLNX

"Portsmouth Football Club....??" Nowhere near as bad as poor old Pompey Shortie -):

Cable short @ 1.68881

6844 gone short

Finger hovering!

lol, for 6845 I bet

:-)

I had a limit in @6,846 and 6,858.

I notice that here and over the road are showing the FTSE high today @6846.95 (opening spike) - rather annoying (although I probably wouldn't have got filled) - but the spread betters don't reflect that initial figure.

GBP/EUR and GBP/USD has most of my attention. FTSE I suspect will test the 6865 high at some point, playing 5-10min charts at the moment, selling on anything that looks like it'll be the start of a fall.

Just a reminder :-

It peaked on the 22nd of May last year with an intraday high of 6875.62 and a close @6840.27.

All-time closing high of 6,930, 30th December 1999.

1.68881 closed @ 1.68730

Well done Shortie - still waiting to go short......... Hmmm.

I'm watching too, 6855 at the moment.

Wall St hitting new highs also.

6853.8 gone short again

Short @6858.5

And listening to this!