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Harlosh, sorry about that, mate rang up and I slipped of for a quick nine holes. Just back, watching another now, probably of for a siesta in a mo

interesting, just tried to trade that one, got out for -4.

I'm not sure how, but my 10 min macd has managed to stay above the zero line all day despite twice looking like it was going to pass down through. I guess it must be going higher then.

:o)

Another spike on the chart?

On the hour chart,there have only been 3 candles with bodies larger than their shadows since early this morning

And it's banging on my next line of resistance :)

I'm banging my head against the wall!

Having exited a long position for a modest profit as needing to leave work it duly heads north by 20 ticks a mere minute later :-(

Same here Bakko, except I got out at 43 :-(

Morning.

Well I'm long at the moment but the Retail sales figures at 9.30 are a concern. Given Next's poor performance figures in its retail shops the other day I can't see the overall figures being too good which may push Cable lower to perhaps even test recent lows around 8600. So I shall close my long before the news.

Not long to find out anyway.

Back to the drawing board :-))

That's a shame Harlosh.
I'd say there's a bit of support currently around 1.8765 on any weakness.

I'm short now Choccie - stop above 835

and out - not getting it right today I'm afraid.

There's a bit of resistance here, 1.8850s - if my lines are any good, ultimately another 70 points or so from here would be nice.

Here's one for MM and the patternmeisters:

Bull targets above include 1.8900, an approximate 61.8% Fibo retracement point of the fall from 1.9092 (Aug 31 high).

:o)

Hmm, only 120 points above my close position, and my stop would have held. I have much to learn ;-)

Haven't got a longer term position as I'm back in uk most of next week (no broadband connection) and probably on the golf course tomorrow.

Cable looks nice on a four hour chart, could be a channel forming(at the top of it at the moment 1.8875) and seems to be riding the 13 ema nicely.
No advice etc............

Well I missed my target by one pip :o)
Anyway, out of Monday's longs at 1.8910.
That'll do for now.

I always did prefer drawing to sums ;)

Morning all - Cable looking very overbought this morning so looking for a short perhaps.

Morning Harlosh, I was also wondering the same....

Nice trade Choccy :-)