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Cable Update (GBPUSD)

  • #433,501
  • Jun 26, 2016 3:44pm Jun 26, 2016 3:44pm
Quoting onno72
dont forget GJ, also 222 down

gj is falling knife haha until BOJ Intervenes USDJPY near 100 or 98.9 friday low lol
Scoobi doobi doo
  • #433,502
  • Jun 26, 2016 3:46pm Jun 26, 2016 3:46pm
Quoting Scoobidoobi
{quote} gj is falling knife haha until BOJ Intervenes USDJPY near 100 or 98.9 friday low lol

mate as i speak gbpusd 1.3453 (210pips down)

gj 280pips down

stay safe no heroics, stay light positions in thin liquidity don't take contrarian buys for the sake of it and get hit!


BREAKING NEWS :
Spain election results - Conservatives win 136 seats, but short of majority 136/352 (hung assembly?)
Scoobi doobi doo
  • #433,503
  • Jun 26, 2016 3:52pm Jun 26, 2016 3:52pm
Quoting Ill-b-back
{quote} keeping the focus on Boris could be all the excuse this pair needs to do just that
Will do I in auto order was 3500 with all 100 pip gl regards B
  • #433,504
  • Jun 26, 2016 3:53pm Jun 26, 2016 3:53pm
Quoting salifx
{image}
Whew, that would be something. An ABRENTER (A- Br'n-ter) {After Brexit Re-enter}
Remember, WHY you are doing this...
  • #433,505
  • Jun 26, 2016 3:54pm Jun 26, 2016 3:54pm
Quoting elbert3
{quote} Will do I in auto order was 3500 with all 100 pip gl regards B

bid gbpusd near 1.32xx friday low and expect gap fill, euro will fall more this week with spain news
Scoobi doobi doo
  • #433,506
  • Jun 26, 2016 3:54pm Jun 26, 2016 3:54pm
Quoting Scoobidoobi
gppusd down 150pips euro down 70pips uj down 50pips ucad up 50pips aud and nzd down 40pips live rates : http://www.easy-forex.com/int/currencyratespage/ spain election results weighing on market - http://www.bloomberg.com/news/articl...rity-exit-poll
is that true quotes from easy forex .... I have no idea about pre market rates before so will u explain
  • #433,507
  • Jun 26, 2016 3:55pm Jun 26, 2016 3:55pm
Quoting Scoobidoobi
gppusd down 150pips euro down 70pips uj down 50pips ucad up 50pips aud and nzd down 40pips live rates : http://www.easy-forex.com/int/currencyratespage/ spain election results weighing on market - http://www.bloomberg.com/news/articl...rity-exit-poll
It's far more to do with the fallout from Brexit, namely the political vacuum caused by the lack of leadership in the Conservative party and the collapse of Labour's (the leading opposition party) shadow cabinet, making a leadership contest inevitable. Not to mention the SNP pushing hard for the breakup of the UK. And there being no agreement or plan in place from leave campaigners on how to proceed and noises coming from the EU pushing for the invocation of Article 50. So much uncertainty.
  • #433,508
  • Jun 26, 2016 3:56pm Jun 26, 2016 3:56pm
Quoting SitNsy2BClv
{quote} Whew, that would be something. An ABRENTER (A- Br'n-ter) {After Brexit Re-enter}

Since ppl. clearly did not comprehend the economic fallout thir Brexit vote would cause an Abrenter is possible. Ppl. care much more about their wallet than a little racial tension.
Remember, WHY you are doing this...
  • #433,509
  • Jun 26, 2016 3:57pm Jun 26, 2016 3:57pm
Quoting DifferTrader
{quote} is that true quotes from easy forex .... I have no idea about pre market rates before so will u explain

its true quotes my friend, all brokers will open in 4min u will see if its true or not its definitely big gap down
Scoobi doobi doo
  • #433,510
  • Jun 26, 2016 3:58pm Jun 26, 2016 3:58pm
Quoting Hickson
{quote} Cool, you are rich now mate
how rich is rich ? Hope your good H don't know if my broker will take the move before market open ? Tremors in the main could lead to 9 on the earthquake scale lol
  • #433,511
  • Jun 26, 2016 4:02pm Jun 26, 2016 4:02pm
next move in the game rate rise . Camaron said more or less if it goes tits up you asked for it sort it out your self I'm off . ?
  • #433,512
  • Jun 26, 2016 4:03pm Jun 26, 2016 4:03pm
200+ gap! downside GU. ay yaa yaaay
  • #433,513
  • Jun 26, 2016 4:05pm Jun 26, 2016 4:05pm
Quoting Scoobidoobi
{quote} its true quotes my friend, all brokers will open in 4min u will see if its true or not its definitely big gap down
yes I see now ... good that was new for me thanks
  • #433,514
  • Jun 26, 2016 4:10pm Jun 26, 2016 4:10pm
Quoting elbert3
{quote} how rich is rich ? Hope your good H don't know if my broker will take the move before market open ? Tremors in the main could lead to 9 on the earthquake scale lol
depends on your objectives ... Thanks I am good, hope you too! Looks like they cannot quote a price yet for most GBP crosses ... lol
Fix up, trade sharp ...
  • #433,515
  • Jun 26, 2016 4:14pm Jun 26, 2016 4:14pm
Quoting elbert3
next move in the game rate rise . Camaron said more or less if it goes tits up you asked for it sort it out your self I'm off . ?
I think a rate rise is the wrong move and would be surpised if one took place. It smacks of panic and is often seen as a challenge to the market to test the resolve of the CB - by selling to find out how high will they raise rates in the face of a slowing economy. When rates rise to counter currency weakness (RUB being the most recent example), a short term pop in the currency is common, followed by heavy selling.

A steady depreciation in sterling will be accepted, along with the temporary effect on prices. Only if the increase in prices results in higher wages should rates rise.
  • #433,516
  • Jun 26, 2016 4:18pm Jun 26, 2016 4:18pm
Quoting gammase1
{quote} I think a rate rise is the wrong move and would be surpised if one took place. It smacks of panic and is often seen as a challenge to the market to test the resolve of the CB - by selling to find out how high will they raise rates in the face of a slowing economy. When rates rise to counter currency weakness (RUB being the most recent example), a short term pop in the currency is common, followed by heavy selling.
Thanks for that we can only wait and play our own game . Regards
  • #433,517
  • Jun 26, 2016 4:20pm Jun 26, 2016 4:20pm
Quoting elbert3
{quote} Thanks for that we can only wait and play our own game . Regards

you still stick to your 1.51 theory on gap down opening?
  • #433,518
  • Jun 26, 2016 4:29pm Jun 26, 2016 4:29pm
Quoting Liquidsnake
{quote} you still stick to your 1.51 theory on gap down opening?
Well I nearly got it only for this god dam eur vote and my posting for the move up to tighten ones profit was good and the play on the gap close too . My wrong play was to on the short at 4250 left it there invade of the vote in . So not bad if I say myself . So let's say yes if if as stack up on my play when the gap is closed . But for them gap players remember a few months ago the gap went to meaty 500 pips before even trying to close I recall a few traders losing their shirts .regards
  • #433,519
  • Jun 26, 2016 4:29pm Jun 26, 2016 4:29pm
Quoting elbert3
{quote} Thanks for that we can only wait and play our own game . Regards
All the best with yours
  • #433,520
  • Jun 26, 2016 4:31pm Jun 26, 2016 4:31pm
Unusual to see not much of an attempt to close the gap from Friday close
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