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Cable Update (GBPUSD)

  • #431,781
  • Jun 3, 2016 4:23am Jun 3, 2016 4:23am
Quoting beejay
{quote} you are a nigerian...are you in nigeria??goodluck with the trading (eventhough luck has got nothing to do with trading)..
Yes I proud to be one and I live in Nigeria
  • #431,782
  • Jun 3, 2016 4:25am Jun 3, 2016 4:25am
Quoting HaLBot
I see short term resistance at 4435 the close of the last hourly candle, above that 4450....
yes still waiting for that break @ 4450
  • #431,783
  • Jun 3, 2016 4:27am Jun 3, 2016 4:27am
Quoting HaLBot
I see short term resistance at 4435 the close of the last hourly candle, above that 4450....
I meant to say the high of the candle, the actual close was 4433...
Don't Leave Money on the Table
  • #431,784
  • Jun 3, 2016 4:31am Jun 3, 2016 4:31am
Quoting beejay
{quote} you are a nigerian...are you in nigeria??goodluck with the trading (eventhough luck has got nothing to do with trading)..
I think theres a big difference to wishing someone goodluck and hoping for an outcome...

Goodluck is saying something hasn't happened yet and are looking at a positive outcome for that person

Hoping is saying someone is already in a negative situation and you are 'hoping' the outcome improves...
Don't Leave Money on the Table
  • #431,785
  • Jun 3, 2016 4:47am Jun 3, 2016 4:47am
Quoting adetola99
{quote} yes still waiting for that break @ 4450
if the candle closes like this I have to remove my pending order for buy
  • #431,786
  • Jun 3, 2016 5:13am Jun 3, 2016 5:13am
i think news of Non-Farm Employment Change has a grate roll to play in the direction of GBP today for a moment.
but the real trend of the market is up i mean Bullish
  • #431,787
  • Jun 3, 2016 5:22am Jun 3, 2016 5:22am
Technically daily say sell to make a new LH
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.JPG Size: 69 KB
"You may say I am a dreamer .... but I am not the only one."
  • #431,788
  • Jun 3, 2016 5:25am Jun 3, 2016 5:25am
I don't think NFP will be as previous. This week all us news was just good or minimum bad but just what is necessary
  • #431,789
  • Jun 3, 2016 5:57am Jun 3, 2016 5:57am
ok thanks for the heads up

Quoting james4real
i think news of Non-Farm Employment Change has a grate roll to play in the direction of GBP today for a moment. but the real trend of the market is up i mean Bullish
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #431,790
  • Jun 3, 2016 6:10am Jun 3, 2016 6:10am
still no movement let see the drama that plays out after 1hr 30 minute time
  • #431,791
  • Jun 3, 2016 6:21am Jun 3, 2016 6:21am
Quoting adetola99
still no movement let see the drama that plays out after 1hr 30 minute time
Watch Retail Sentiment on British Pound into Brexit Vote
GBPUSD– Retail FX traders have bought aggressively into the British Pound’s recent slide versus the US Dollar, and a contrarian view of ‘crowd’ positioning acts as signal the GBP/USD may continue lower.

https://www.dailyfx.com/sentiment?ref-author=Shimoni
  • #431,792
  • Jun 3, 2016 6:25am Jun 3, 2016 6:25am
does anyone know decent broker for spreadbetting... with the lot size denominated in GBP and not USD?
  • #431,793
  • Jun 3, 2016 6:31am Jun 3, 2016 6:31am
Quoting HaLBot
{quote} Cheers M8, will save this maybe some day I'll make 800 pips in 3 days, great trading
Hi
no bro you got me wrong i said it moved 800 pips, i am not that good trader to make 800 pips in 3 days from a long long time, only time i made that much was when Yen moved from 70-100 that time with YEN pairs i did made much more then that but that was 3 years ago,
besides i always have my limits for Profit and for loss,
i barely made 200 pips from 800 pips move i don't lie brother, no need to brag about something you cannot prove right?
anything above 10% monthly i see as VERY GOOD profit that might be one of few reasons i am in this market for that long, because in my experience i have seen very very good trader go out just because they were little greedy wanted to make 30% every month and few months later they were out and some of them never came back to Forex,
anyway maybe soon we will have same thing again with YEN
till then Have Fun Guys and always take some time off from Forex, Mind needs rest too,
i always take some days at least 2 days in between trading days i take off from forex just to control my Greed because Greed is always there no matter what you do its the FACT because if we didn't had that we will not be in forex as MARK CUBAN said ( Greed made me Billionaire or i will still be in with few Millions)
Cheers Guys
  • #431,794
  • Jun 3, 2016 6:44am Jun 3, 2016 6:44am
Quoting Rescue.Forex
{quote} Hi no bro you got me wrong i said it moved 800 pips, i am not that good trader to make 800 pips in 3 days from a long long time, only time i made that much was when Yen moved from 70-100 that time with YEN pairs i did made much more then that but that was 3 years ago, besides i always have my limits for Profit and for loss, i barely made 200 pips from 800 pips move i don't lie brother, no need to brag about something you cannot prove right? anything above 10% monthly i see as VERY GOOD profit that might be one of few reasons i...

Ahhhhh sorry M8 for not reading it properly....and have a good weekend
Don't Leave Money on the Table
  • #431,795
  • Jun 3, 2016 6:59am Jun 3, 2016 6:59am
Quoting arasheed
{quote} Watch Retail Sentiment on British Pound into Brexit Vote GBPUSD Retail FX traders have bought aggressively into the British Pounds recent slide versus the US Dollar, and a contrarian view of crowd positioning acts as signal the GBP/USD may continue lower. https://www.dailyfx.com/sentiment?ref-author=Shimoni
thanks
  • #431,796
  • Jun 3, 2016 7:01am Jun 3, 2016 7:01am
GBP/USD further losses expected below 1.4278 – Commerzbank
FX Street

http://www.fxstreet.com/news/gbp-usd...k-201606031120
  • #431,797
  • Jun 3, 2016 7:07am Jun 3, 2016 7:07am
Quoting iamawaited
{quote} Okay as said EU and AU dipped a little low so i jumped in so far the AUD trades going better while i am still waiting to sell GU from 1.473x.. Patience! lets see..
Could this be the bottom of the move for 1.473X? Maybe ... Maybe Not...
Trading Eternal...... Shiny & Chrome!!!!
  • #431,798
  • Jun 3, 2016 7:33am Jun 3, 2016 7:33am
Quoting arasheed
GBP/USD further losses expected below 1.4278 Commerzbank FX Street http://www.fxstreet.com/news/gbp-usd...k-201606031120
yeh right i heard that from 6 years now
1 bank will say it will go up and Second will say it will go down
so some one will be right sometime
i can say for sure now 95% that you are on sell because it is our mind which plays tricks
we need be more confident then just trying to find a reason behind our trades believe Bro,
be logical and now it is going up which is actually good fro me but still i do that a lot i am not saying you are wrong i am just saying be more logical then finding some thing on internet and talking that for granted that is not what we need believe me,

anyways Good Luck
  • #431,799
  • Jun 3, 2016 7:34am Jun 3, 2016 7:34am
144 600 from yesterday bought the buy
  • #431,800
  • Jun 3, 2016 7:35am Jun 3, 2016 7:35am
and i said before i am will not Sell today but still it feels good to be true
and i was Thank You The Xperience Class.
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