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Feeling long this am....

Agreed. Choose your time though. I might not be around for long ....... can feel a migraine coming on ..... may have to go back to bed.

Tellon
I have just gone short @ 8918. But only looking for smallish correction in upward trend

Just gone long @ 3257

at least One of us will be right...

Woohoo +1 pip so far!

now if only id done a million a point..

Hows the head Hil?

I closed my short, flat, but will watch for a while before going long
Just seen hilarys post. Hope yr migraine clears up.

Morning all
Long Cable from 18905 wide stop, can`t speend to much time on the screen today.

I am going out so wont trade cable again today. My lesson for today was I had good entries but closed too quick. Shud have had 30 pips on earlier short and closed flat. Went long 8908 and closed at 8922.It is now at 8947! c u tomorrow.

You win some you lose some..

Im still long from this morning. Looking to maybe move my stop shortly..

Nice one guys. I'm long from 18897 on that second time that I gave you. I have been looking in every now and again, but I can't look at the screen for too long at a time. Migraine has eased a little bit, thanks, and is more of a dull headache now.

That's a decent gain now and I'll be happy to bank. I'm simply going to move my stop to the low of the 5-minute price bars till it takes me.

Well done nice trade. I closed mine Flat

I suspect that I will have just been taken out. Hopefully for 120.

Oh no - I've found something else to lose my money on !!

Particularly because I went short (a very small amount 'cos I'm a virgin) @19115 (after spread from IG)

A virgin -- in that thong?!

Dipped in a couple more times @23 and 25 - blimey this could get dangerous - more movement than I've seen for a while ......

A 30pip trailing stop from the GBP entry at 7.20 - 7.50 would have netted 170pips.

Not a bad day... Why wasnt I awake more!! :/

Tomorrow.. .. Tomorrow!!

Imagin if all the contracts. Thats 1.5 Trillion Dollars or 1 Billion Contracts (100k) where half long half short.

That would be $50 000 000 dollars.. A Pip!

Now bang on the interbank 1-3pip spread.. Thats 50 - 150 billion dollars a day.. No wonder these guys are rich.. I wana be an interbank broker!

edit: Thats only if you take a trillion as an american trillion! If it was an English Trillion then WOW! (* a million)

Anyway enough of my Gibarish..

Hil, Any reason you prefered GBP over EUR this morning? Im off now but will take a look on here tomorrow am.. Have a good nite all

T,

At 7am yesterday, there was a positive reaction for GBP against the EUR because of the Nationwide House Price Survey. You then had weaker than expected French Business Confidence. The result was that, by the time that I was looking to enter the market, Cable was still looking bullish but EUR/USD was looking decidely bearish.

Looking to short USD again this am, but not just yet. Oil off $1 though.