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Cable Update (GBPUSD)

  • #431,261
  • May 24, 2016 6:03am May 24, 2016 6:03am
Quoting HaLBot
{quote} Hey dean1star, unfortunately never been banned from FF, must try harder..... I'm in Melbourne but born in the UK, Standish, Wigan and Mum and Dad immigrated to Australia, being born in the UK maybe that's why I like trading cable....
8 pips again
  • #431,262
  • May 24, 2016 6:11am May 24, 2016 6:11am
Quoting adetola99
{quote} 8 pips again
So 74 all up today????
Don't Leave Money on the Table
  • #431,263
  • May 24, 2016 6:19am May 24, 2016 6:19am
Quoting HaLBot
{quote} So 74 all up today????
76 pips
  • #431,264
  • May 24, 2016 6:20am May 24, 2016 6:20am
Quoting adetola99
{quote} 76 pips
Nice
Don't Leave Money on the Table
  • #431,265
  • May 24, 2016 6:34am May 24, 2016 6:34am
I have been trading in Currency for last 15 years but I am still learning every time because the markets are always changing and adopting to new world full of conflicts and uncertain future.

Can someone please explain me why their is a different number 0.4% in previous release mentioned, when the actual release was 0.5% in Feb on Economic Calendar for this week?
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  • #431,266
  • May 24, 2016 6:35am May 24, 2016 6:35am
Hello guys,i have made a simple 15 mint strategy,can you please tell me is it good or not or how can i improve my strategy to work.Thanks.

Inserted Video
  • #431,267
  • May 24, 2016 6:37am May 24, 2016 6:37am
Quoting Purple
I have been trading in Currency for last 15 years but I am still learning every time because the markets are always changing and adopting to new world full of conflicts and uncertain future. Can someone please explain me why their is a different number 0.4% in previous release mentioned, when the actual release was 0.5% in Feb on Economic Calendar for this week? {image}
You have to ask to FF...
Libenter homines id quod volunt credunt
  • #431,268
  • May 24, 2016 6:37am May 24, 2016 6:37am
Quoting Purple
I have been trading in Currency for last 15 years but I am still learning every time because the markets are always changing and adopting to new world full of conflicts and uncertain future. Can someone please explain me why their is a different number 0.4% in previous release mentioned, when the actual release was 0.5% in Feb on Economic Calendar for this week? {image}
This is not the first time even I have came across this, but still clue less.
  • #431,269
  • May 24, 2016 6:45am May 24, 2016 6:45am
Quoting Purple
I have been trading in Currency for last 15 years but I am still learning every time because the markets are always changing and adopting to new world full of conflicts and uncertain future. Can someone please explain me why their is a different number 0.4% in previous release mentioned, when the actual release was 0.5% in Feb on Economic Calendar for this week? {image}
As far as I'm aware it's a revised figure, so after the first figure was released new information came on hand to show there was more or less activity in that particular sector.....It happens all the time and in your example the ' second estimate GDP q/q' was revised down from 0.5 to 0.4.
That's my understanding but please someone correct me if it's wrong.
Don't Leave Money on the Table
  • #431,270
  • May 24, 2016 7:07am May 24, 2016 7:07am
Quoting HaLBot
{quote} As far as I'm aware it's a revised figure, so after the first figure was released new information came on hand to show there was more or less activity in that particular sector.....It happens all the time and in your example the ' second estimate GDP q/q' was revised down from 0.5 to 0.4. That's my understanding but please someone correct me if it's wrong.
You might be correct, but still there is a question mark on FF.
  • #431,271
  • May 24, 2016 7:07am May 24, 2016 7:07am
Quoting baliprada
{quote} You have to ask to FF...
Quoting a16908
{quote} This is not the first time even I have came across this, but still clue less.

Sometimes their is a tiny small orange triangle next to it, I think FF call it 'revised' from actual release, but even these 'revisions' are waaayyy off from actual release for that month.. I am attaching another pic..

http://i28.photobucket.com/albums/c236/purple11/image_zpsuhawav59.png
  • #431,272
  • May 24, 2016 7:16am May 24, 2016 7:16am
Quoting Purple
{quote} {quote} Sometimes their is a tiny small orange triangle next to it, I think FF call it 'revised' from actual release, but even these 'revisions' are waaayyy off from actual release for that month.. I am attaching another pic.. http://i28.photobucket.com/albums/c236/purple11/image_zpsuhawav59.png
I personally don't dare to rely on data from a single source, coz I need the real data valid for the purposes of my work.

you have to keep track of the data sources?
Libenter homines id quod volunt credunt
  • #431,273
  • May 24, 2016 7:25am May 24, 2016 7:25am
Quoting baliprada
{quote} I personally don't dare to rely on data from a single source, coz I need the real data valid for the purposes of my work. you have to keep track of the data sources?
Can you share your sources?
  • #431,274
  • May 24, 2016 7:27am May 24, 2016 7:27am
going to close early today @ halBot
  • #431,275
  • May 24, 2016 7:36am May 24, 2016 7:36am
Quoting a16908
{quote} Can you share your sources?
There are a lot of resources n it's free, you can click the link in each data source you can see in the calendar FF ...

Good luck
Libenter homines id quod volunt credunt
  • #431,276
  • May 24, 2016 7:42am May 24, 2016 7:42am
Quoting adetola99
going to close early today @ halBot
Great stuff, we all help each other we make a whole lot more pips....cheers M8
Don't Leave Money on the Table
  • #431,277
  • May 24, 2016 11:18am May 24, 2016 11:18am
Quoting HaLBot
{quote} Hey dean1star, unfortunately never been banned from FF, must try harder..... I'm in Melbourne but born in the UK, Standish, Wigan and Mum and Dad immigrated to Australia, being born in the UK maybe that's why I like trading cable....
Indeed thats what they all say at the start - but like all good bounty hunters i get em in the end ..
Over at Sunshine beach Noosa .. when i get the time
  • #431,278
  • May 24, 2016 3:38pm May 24, 2016 3:38pm
This is a game changer, "Carney said in a scenario where Britons voted to remain in the EU, the next move in the key BOE interest rate would probably be up, while a Leave outcome wouldn’t automatically bring about an easing. That’s because the ensuing depreciation of the pound and shock to supply would put upward pressure on inflation".

http://www.bloomberg.com/news/articl...highlight-risk
  • #431,279
  • May 24, 2016 4:15pm May 24, 2016 4:15pm
will this go down?
  • #431,280
  • May 24, 2016 4:20pm May 24, 2016 4:20pm
#GBPUSD so far we are looking good to the upside....... My calculation are saying we are going higer so lets see if it pans out...

could continue higher till 5-27ish-16 or 6-6ish-16 trailing stop just in case it wants to flop at these levels
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