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And here's Hils's upside down ;)

Can you do upside-down cakes as well, Choccy?

:o)

Rubbish with cakes, Hils, but it's always fun trying ;)

cable bouncing of a pivot level? added with tight stoploss

:)))

I've got 1.9805ish as a possible turning point but expect it to challenge 1.9750ish so will keep position open with a profit stop in.

mm
Can be a bit messy but it sometimes gives the desired effect 8>)

OOOOps - that caught me - stopped out for 40 pips

good thing i had tight stoplosses. internet v.slow here today(spain), anyone else having problems!

Doncha just hate it when you get taken out by a stop and then it eventually does what you were punting :(

May try a long if it gets back to 790.

Yesterday I thought I was being premature with my evaluation about closing my long out within the day. You could have had ~90-100 pips mg - annoying but there's always tomorrow. Just wish I'd reversed.

Cable 1.9630-50 anybody..?

I think 1.9760 is strong resistance. But WDIK :-)

Haven't got time to post a chart.

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Personally I think it might just be a long this morning. Mind you my normal trading style is to decide what it should be and then do the opposite :)

pth

SC and PTH
I 'm long from 9760, 70, 80 and 90 - so I suggest you go short :(

Stops in at 19740 - a bit too generous I know - but I'm in one of those F....IT moods - S..T or bust is my back up safety position !!

mg

I have every confidence in your back up plan, errrr, I think!! Long from 74, was thinking of adding but am a scaredy cat :)

pth

Edit: PS nice to see peeps posting again.

GBPUSD - a defined channel on the daily with lower highs and the 55 EMA providing support for the past 5 days.

However the 55 is getting very close to the 200 on the 4 hour.

Something has got to give !

Indeedy.
Beginning to wonder if it'll have a bash at 1.9730 first.

Oh ye of little faith ...... let's see where this move takes us - GULP

EDIT - whoopsy - back down again :(

The $ collapsed from 82 support level following the press release that China yuan reforms will not accelerate under US pressure, and it bottomed at and re-tested 81.66 early yesterday. The Euro followed in tandem, retesting 1.36 on the back of other newsy things.

I have a down slopey thingie that gave cable support on Star Wars day, and it's giving a bit of the old resistance gyp this morning. Short from 1.9779 with a tight stop of course :S

Got over my scaredy cat ness and did add earlier afterall, closed both on the spike, tried another long after the retracement, but got a bit scared and closed that for a small loss. Currently short, but who knows?