Wow! The sheer raw power of fundamental analysis when it works. GBPUSD and GBPJPY depreciated each by 800 pips in all of one second. The GBP Services PMI result really bites. I went from a losing position into profit in one swift second. If I could just improve my analytical skills I could do better in this business. It is a question of biting without getting bitten. Let me amble over to the kitchen and grab a cup of hot chocolate with good ol' digestives.
Cable Update (GBPUSD)
- #416,082
- Jun 3, 2015 4:23am Jun 3, 2015 4:23am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Probably get kicked but 
... 
... 
Ghost Rider - WWTBMD?
- #416,083
- Jun 3, 2015 4:25am Jun 3, 2015 4:25am
- | Joined Feb 2011 | Status: Trader | 1,237 Posts
Probably get kicked but
- #416,084
- Jun 3, 2015 4:27am Jun 3, 2015 4:27am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} Hi Chris, got a feeling that this is one of the dip buying opportunities in a NFP week, good luck
... yeah that one gave me a pip or two and kicked but I'm thinking the same. 
Ghost Rider - WWTBMD?
- #416,086
- Jun 3, 2015 4:50am Jun 3, 2015 4:50am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Could be the one ... or not ... we'll see. 
Ghost Rider - WWTBMD?
- #416,089
- Jun 3, 2015 5:27am Jun 3, 2015 5:27am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,089 Posts
LOL ... I wouldn't get "too" excited about this. Yeah the number was red but not bad. Drop was an algo knee jerk most likely. Lot's of noise yet to come but I'm smelling buying opportunities around here.
- #416,090
- Jun 3, 2015 5:27am Jun 3, 2015 5:27am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,089 Posts
- #416,091
- Jun 3, 2015 5:42am Jun 3, 2015 5:42am
- Joined Mar 2009 | Status: Trader | 25,480 Posts
{quote} I would agree with you if it closes above 5286 before ADP. don't ask how i got that number. but that and if we take out 5330 today we are not stopping before 1.55 where there is some resistance. if it falls from here though and starts dipping below 1.5240 game over for longs
) That's why I was covering those entries literally 2 or 3 pips in profit. No sure thing here just a gut feeling really. Larger ratios point down actually but have to take a few where I can. If it runs (like yesterdays trade 
) great. If not, thankfully, that sell button is just as easy to press. ... lolBest pattern I have on small TF's right now is this 30m cypher? <---- (just learning them things
). But it's the 61.8 so I figured it should be good for a couple at least. 
Ghost Rider - WWTBMD?
{quote} good scalping , 1 leg up end before a limit & correct down , can be to previous low or 5172 before next bull to test again for previous high 5374 to 5445 limit before next decision , continue down or more correction . Thanks , take care . fontu {image} {image}
- #416,095
- Jun 3, 2015 7:29am Jun 3, 2015 7:29am
Wow! The sheer raw power of fundamental analysis when it works. GBPUSD and GBPJPY depreciated each by 800 pips in all of one second. The GBP Services PMI result really bites. I went from a losing position into profit in one swift second. If I could just improve my analytical skills I could do better in this business. It is a question of biting without getting bitten. Let me amble over to the kitchen and grab a cup of hot chocolate with good ol' digestives.
Lower then hopefully a buy at the end of the day to take up into asia down into uk tomorrow and then an up from wallst - 24 hour game plan
- #416,096
- Jun 3, 2015 7:55am Jun 3, 2015 7:55am
- Joined Jun 2013 | Status: Trader by hobby not by profession | 7,089 Posts
