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OK Beebs, here we go. Fingers crossed.

PRICE RISE THREATENS PUBS

The price of a pint goes up by 10p from today - and that is before any budget rises next month.


Landlords are warning the increase threatens the future of pubs - with many people choosing to drink at home.

Rural pubs could be the worst hit with many facing closure.

The move comes following a a decision by American brewing giant Coors, which produces Carling, Grolsch and Worthington, to increase prices from today.

long cable 188.69
stop 188.20

Long cable at 18860, stop at 18775 (below Friday's low)

When I said "here we go", I meant short. Oh well, Beebs. At least one of us will be right.

:o)

Just playing my 10.00 Hils,
but not too confident today,trichet may spoil it, so tight stop as you can see,
welcome to the party dc,
the boys are long, the girlies short

Hils, your short from 188.75ish aren't you ?

Beebs,

Indeed, on the spot, albeit that I was short March futs. I've just covered it because I'm about to go out.

tennis time eh
play well, and i'll look after the kids on here.....

Well what a turn up,
cable as boring as ftse.
15 mins to go, and hardly a failure of the 10.00 theory,
but certainly suffering from the frog effect. might get a bit more active pm.

Stop moved up to breakeven.

Some hot price action this morning. Added to my position at 1.8980, stop moved up to 1.8940. Already pierced 1.9000 and pulled back. Let's see if the 10 o'clock movement takes us up again.

so far so good dc,
i was busy trading the ftse (badly) so didn't get the ride,
wish i'd followed my own advice of course.....

And guess who's the muppet who longed it at 7am but came out too early because she thought it had gone up too steeply and thought that she'd get back in lower on the pullback. Doh. The writing was on the wall.

Stop raised to 1.9010. Keeping a tight stop as I'm not going to be able to keep an eye on this the rest of the week so looking to take quick profit today.

Any idea what Trichet said yesterday?

strange hils, i was waiting for the pullback as well !
been watching the 7.00 am effect as well - quite strong just recently,
means getting up a bit earlier, catching worms et al,

now if i was long, i'd be moving up my stop, cos it's possible 190 may not hold,
you listening dc ?

bloody amazing - telepathy or what,
you a gemini dc ?

trichet said he wouldn't be playing with interest rates to
weaken euro

dc,

From AFX.

ECB President Jean-Claude Trichet did himself no favours, when he showed an apparent lack of concern over the euro's strength at the European Parliament economic and monetary affairs committee yesterday.

Stop raised to 1.9048. Bit of a pullback at the US open.

small short 190.69, tight stop

Sometimes it works to your advantage that CMC dampen out the fast spikes in the prices. Should have been stopped out several times in the past 10 minutes but still in the trade.