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Cable Update (GBPUSD)

  • #466,481
  • Oct 21, 2018 11:28am Oct 21, 2018 11:28am
Quoting conglomerate
{quote} Thanks for the advise I love advises from all traders. I'm a far away as perfect person. I read some news, next week will come more terrible about Brexit. London Parliament Politicians said: Sterling will BIG FALL. In my view, GU need drink coffee right now (correction) . US Dollar over value. Need take a break (DXY). Yen Japan is cannibal. Look at USDJPY. Sadistic. Yen pairs are sharper than USD pairs. It's why I switched my bet to GJ right now. Special for GJ: Weekly chart, 99,99% without bargaining...
any indicator can see currency index?
PA Return Today: na
  • #466,482
  • Oct 21, 2018 1:57pm Oct 21, 2018 1:57pm
141 pips, small lots tho.. lets see what brexit has to offer in a couple hours
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  • #466,483
  • Oct 21, 2018 2:21pm Oct 21, 2018 2:21pm
Gap down on the open 3050 now
  • #466,484
  • Oct 21, 2018 2:22pm Oct 21, 2018 2:22pm
Quoting conglomerate
{quote} Thanks for the advise I love advises from all traders. I'm a far away as perfect person. I read some news, next week will come more terrible about Brexit. London Parliament Politicians said: Sterling will BIG FALL. In my view, GU need drink coffee right now (correction) . US Dollar over value. Need take a break (DXY). Yen Japan is cannibal. Look at USDJPY. Sadistic. Yen pairs are sharper than USD pairs. It's why I switched my bet to GJ right now. Special for GJ: Weekly chart, 99,99% without bargaining...
Good week to everybody. Don´t take much notice about what politicians say. They generally get us into a mess. Stick to your arithmetic system which will anticipate whats coming.
POSTMASTER
  • #466,485
  • Oct 21, 2018 2:23pm Oct 21, 2018 2:23pm
just started falling before open
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #466,486
  • Edited 2:41pm Oct 21, 2018 2:24pm | Edited 2:41pm
mays in big trouble this week ,honestly do not see a way out

Theresa May told she has 72 hours to save her job
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #466,487
  • Oct 21, 2018 2:53pm Oct 21, 2018 2:53pm
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it would of looked like this to that green line . But price is coming up now
  • #466,488
  • Oct 21, 2018 4:24pm Oct 21, 2018 4:24pm
Quoting elbert3
{image} it would of looked like this to that green line . But price is coming up now
So never opened with a gap on the chart
  • #466,489
  • Oct 21, 2018 4:40pm Oct 21, 2018 4:40pm
U.K.'s May: 95% of Brexit withdrawal deal 'now settled'
U.K.'s May: 95% of Brexit withdrawal deal 'now settled'
  • #466,490
  • Oct 21, 2018 8:29pm Oct 21, 2018 8:29pm
evening and morning to all️
just for a cup of coffee...
  • #466,491
  • Oct 21, 2018 10:26pm Oct 21, 2018 10:26pm
Quoting akim0895
evening and morning to all️
POSTMASTER
  • #466,492
  • Oct 21, 2018 10:41pm Oct 21, 2018 10:41pm
Morning More longs incoming
  • #466,493
  • Oct 22, 2018 12:17am Oct 22, 2018 12:17am
Inserted Video
  • #466,494
  • Oct 22, 2018 1:20am Oct 22, 2018 1:20am
Quoting elbert3
{image} try a reload here
Reload worked stop on break even 3170 was noted so let's see . But play it as you see it
  • #466,495
  • Oct 22, 2018 1:27am Oct 22, 2018 1:27am
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a couple of levels but 3080 was a stronger support level last week so is that now resistance . So hedge here for a move also
  • #466,496
  • Oct 22, 2018 1:38am Oct 22, 2018 1:38am
Coffee break
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  • #466,497
  • Oct 22, 2018 1:56am Oct 22, 2018 1:56am
With sudden Brexit news, GBP spikes and I have a slippage of 25 pips from a 5pip stop loss. How do I mitigate or avoid this huge slippage?
I think are 5 ways to do this:

1. Don’t trade GBP in the afternoon when this sudden Brexit news comes out.
2. Increase the speed of my internet from 4Mg/sec
3. Put a limit order on the adverse side (don’t know if if this works)
4.Move to a Razor account.
5.Get a faster computer. I have an apple which is pretty fast.

Does anyone have any ideas on ways to reduce slippage? Thanks

I know that slippage is a normal part of forex trading
  • #466,498
  • Oct 22, 2018 2:00am Oct 22, 2018 2:00am
Quoting Trade-G
{quote} Region at 163 defended and close-in to 1.3053 region. whatever it is it has a higher bias to go down further. Max upside should capped at 1.3075-80 region should it sideways
Friday capped at the mentioned region will it resist todays upswing? lets see
  • #466,499
  • Oct 22, 2018 2:06am Oct 22, 2018 2:06am
0Currently resisted at MA200 M30 chart, if resistance is real it should test 1.3057 region again else 1.3108 will be targeted
  • #466,500
  • Oct 22, 2018 2:12am Oct 22, 2018 2:12am
Not a good day to trade for me... so likely hands off until clarity
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