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  • Carney: Crossing the threshold to recovery

    From bankofengland.co.uk Story is in PDF Format

    I’m delighted to be in the East Midlands today to deliver my first speech as Governor of the Bank of England. With leaders in retail, manufacturing, engineering, logistics, information services, biosciences and education, Nottingham and the East Midlands are integral to the success of the UK economy. The businesses here will make good on the promise of recovery in our economy. So I’m very pleased to have the opportunity to listen to business people in this region. In my years in central banking, I have found that there is no substitute for hearing directly from those who deliver economic growth. What I hear from ... (full story)

rocket for gbp..
And I'm short at 1.5505
short
Short at 1.5680 and 1.5630, $10 per pip each...
Didn't get the full coverage of the news ,but Gbp over react ,few minutes it will back to the position
is exness server down now??
I m unable to get connected,is it for all ?? or only I am facing this issue
Quoting PA is King
And I'm short at 1.5505
bad idea IMHO
Quoting openyoureyes
short
sorry.....
Quoting jeevan007
is exness server down now??
I m unable to get connected,is it for all ?? or only I am facing this issue
Change broker,playing games.
Quoting pcca-matrix
bad idea IMHO

That's ok...I've got a plan in case it doesn't work out.
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im going to the moon now !GBPJPY rocket!
Quoting christian11
sorry.....
doing fine ty
going North 1.5530 now?
i hve been consistently making profits in exness, i think they intentionally blocked my assess to server when there is a news release and i put alert so that i can enter,, is this manipulation or happened naturaally?
I think it is early to say - if tomorrow the week candle turns green - that is something of a notice, currently - only noise and spikes.
In releases like this, i think sticking to price action is best.
down from here,
REAL NEWS in 1 hr
I do not understand why everyone gets into the most anticipated direction

ie: the same for the taper, that is so expected that there'll not obviously !
if you got a good software,
you reserve your trades with 1 button from bot / top
pcca-matrix, the direction varies depending on the time-frame you trade.
added onto gu short at 1.5548 x2 (jaygee style). Shorted EU too at 1.3369
1,54 in 1 hr probably,
care
In short, if GBP close above 1.5533, maybe will reach to 1.5568, but in middle and long the trend will be down with target to 1.54, then 1.51
Quoting michaelpelly
pcca-matrix, the direction varies depending on the time-frame you trade.
I know i speak for those who trade the news itself in shorter term.
Quoting Finance12
In short, if GBP close above 1.5533, maybe will reach to 1.5568, but in middle and long the trend will be down with target to 1.54, then 1.51
That is my sense too...
I always trade at spikes,
no better opportunity R/R,
just don't go hard
nice movement by GBP
thank you mr.carney :3
Quoting openyoureyes
I always trade at spikes,
no better opportunity R/R,
just don't go hard

Exactly! That's what I did...light trade initially in case it went against me...entered again at next resistance area double the size.

Just closed my GU shorts at 1.5518 for net 50pip profit!

If it rallies again, will be looking for another short...possibly around 1.5550-60
I couldn't act fast enough to reverse shorts to longs when it went north,
but now short again from top.

cheers
Quoting PA is King
Exactly! That's what I did...light trade initially in case it went against me...entered again at next resistance area double the size.

Just closed my GU shorts at 1.5518 for net 50pip profit!

If it rallies again, will be looking for another short...possibly around 1.5550-60
waiting for Pending Home Sales to close all open positions,
after that I'll wait for tomorrow news...

no need to carry
Quoting openyoureyes
waiting for Pending Home Sales to close all open positions,
after that I'll wait for tomorrow news...

no need to carry
I'm with you on that...mostly a day trader here. There's enough moves/setups each day to make a living. Only on rare occasions will I hold a 2-3 days. Happy Trading!
A/U is just about to tank lower...it didn't rally at all with the GU and EU spikes...it's getting sold sold sold!(guess I should add in there I wouldn't short it now because I don't sell the lows...only the rallies)

Moved my s/l up on the E/U short trade to breakeven...it's a free ride now!
Quoting jeevan007
i hve been consistently making profits in exness, i think they intentionally blocked my assess to server when there is a news release and i put alert so that i can enter,, is this manipulation or happened naturaally?


now they running the business ?
Quoting PA is King
A/U is just about to tank lower...it didn't rally at all with the GU and EU spikes...it's getting sold sold sold!

Moved my s/l up on the E/U short trade to breakeven...it's a free ride now!
http://www.pecuniasystems.com/fxsynergy

try this one for spikes,
hidden SL / hidden TP,
multiple accounts.

I could only catch +%5 return this time...
Quoting openyoureyes
http://www.pecuniasystems.com/fxsynergy

try this one for spikes,
hidden SL / hidden TP,
multiple accounts.

I'll check it out...thanks!
Sell rumor buy real.
Quoting skyboys007
Sell rumor buy real.
buy USD bulls?
BINGO...EU just hit my limit of 50! 100pips for today on 2 pairs....Going to call it a day. Good luck all! Keep selling those rallies(espeically A/U if you get one).
I will admit a sin - I shorted E/U at 1.3395 (too tempting) - usually I do not trade EUR but this time it was so tempting, so sweet positioning...:-)
up ... down ... hmmmmm.. lets see where the pendulum swing.
Quoting michaelpelly
I will admit a sin - I shorted E/U at 1.3395 (too tempting) - usually I do not trade EUR but this time it was so tempting, so sweet positioning...:-)

Nice work! 1.3270 is where I can see it heading to today possibly...see how 1.3300 holds up.
it is low risk - just 5$ per pip, I will close just above 1.3000 if it gets there in 3-4 weeks.
Quoting openyoureyes
buy USD bulls?
Better playing with EUR/GBP.
Quoting michaelpelly
it is low risk - just 5$ per pip, I will close just above 1.3000 if it gets there in 3-4 weeks.
Good,but this August.
Quoting skyboys007
Better playing with EUR/GBP.
thanks for pointing out!
in the trade now / green
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