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Cable Update (GBPUSD)

  • #441,841
  • Sep 29, 2016 10:04am Sep 29, 2016 10:04am
Right over my head! What's the London fix?
  • #441,842
  • Sep 29, 2016 10:07am Sep 29, 2016 10:07am
Quoting Derivative92
Right over my head! What's the London fix?
http://www.investopedia.com/terms/l/london-spot-fix.asp
Don't Leave Money on the Table
  • #441,843
  • Sep 29, 2016 10:09am Sep 29, 2016 10:09am
Cheers, Halbot. That'll make for some afternoon reading.
  • #441,844
  • Sep 29, 2016 10:10am Sep 29, 2016 10:10am
Quoting HaLBot
{quote} Yuddy as my trading gradually improves I think it's better to be both Bull and Bear and don't carry any bias into the game....
US data is quite strong,who knows when the south drive gonna end???
  • #441,845
  • Sep 29, 2016 10:11am Sep 29, 2016 10:11am
Quoting Derivative92
Cheers, Halbot. That'll make for some afternoon reading.

Cheers M8...there is only 3.2 trillion things you need to know to be a good trader...
Don't Leave Money on the Table
  • #441,846
  • Sep 29, 2016 10:13am Sep 29, 2016 10:13am
Quoting Derivative92
Any opinions on what caused the vertical spike on Eur/gbp?
EU is pulling the string,but its gonna end,and the whole show goes back to normal
  • #441,847
  • Sep 29, 2016 10:14am Sep 29, 2016 10:14am
Quoting HaLBot
{quote} Cheers M8...there is only 3.2 trillion things you need to know to be a good trader...
continuous improvement..
  • #441,848
  • Sep 29, 2016 10:14am Sep 29, 2016 10:14am
Quoting yuddy
{quote} EU is pulling the string,but its gonna end,and the whole show goes back to normal
not today.. hopefully tomorrow...
  • #441,849
  • Sep 29, 2016 10:26am Sep 29, 2016 10:26am
Quoting Wdfx
{quote} Stopped out

WDfx don't give up M8...these days I just fight and fight to make sure I make a profit....We all don't usually talk about money but today I was up $150au then down $250au so in effect $400au and now I made money and up $220au for the day

So my account spanned $620 today and I'm buggered, but I can go to bed now knowing I'm in profit setting up for the next day whatever that'll bring.
Don't Leave Money on the Table
  • #441,850
  • Sep 29, 2016 10:34am Sep 29, 2016 10:34am
Quoting HaLBot
{quote} Cheers M8...there is only 3.2 trillion things you need to know to be a good trader...
3.1999999999 trillion things to be learned then!

Some nice railway tracks forming on gbp/usd half and hourly..
  • #441,851
  • Sep 29, 2016 10:34am Sep 29, 2016 10:34am
Good Hunting...
Don't Leave Money on the Table
  • #441,852
  • Sep 29, 2016 10:37am Sep 29, 2016 10:37am
Quoting yuddy
{quote} EU is pulling the string,but its gonna end,and the whole show goes back to normal
EU and AU are some of the ugliest charts going at the moment.
  • #441,853
  • Sep 29, 2016 10:38am Sep 29, 2016 10:38am
Quoting Derivative92
{quote} 3.1999999999 trillion things to be learned then! Some nice railway tracks forming on gbp/usd half and hourly..
Hahahahaha yes me too....

Yes it bounced of 2963 nicely when I thought price was heading lower, maybe found support for the rest of the day?

Have a good rest of US session, need to sleep here LOL..
Don't Leave Money on the Table
  • #441,854
  • Sep 29, 2016 11:17am Sep 29, 2016 11:17am
was that a fake breakout ?
  • #441,855
  • Sep 29, 2016 11:30am Sep 29, 2016 11:30am
hi how considering a move to 1.3080
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h1-instaforex-group-4.png Size: 132 KB
  • #441,856
  • Sep 29, 2016 11:35am Sep 29, 2016 11:35am
If GU keeps dropping for the rest of the day(which it should for my bull view to confirm), I will buy at the end of the day again...or early tomorrow...ideally around today's bottom again, or not too far from it.
Everyone can see the chart, but only a few can actually read it.
  • #441,857
  • Sep 29, 2016 11:47am Sep 29, 2016 11:47am
Quoting OnlineAddict
If GU keeps dropping for the rest of the day(which it should for my bull view to confirm), I will buy at the end of the day again...or early tomorrow...ideally around today's bottom again, or not too far from it.
yes tomorrow we have gu news. will see tomorrow. but for now it need to drop near the bottom or lower. 2913 my view no change for now
  • #441,858
  • Sep 29, 2016 11:49am Sep 29, 2016 11:49am
129 600 marker for long.
see how it plays tomorrow ..
preference lower to higher ..
  • #441,859
  • Sep 29, 2016 11:58am Sep 29, 2016 11:58am
Quoting OnlineAddict
If GU keeps dropping for the rest of the day(which it should for my bull view to confirm)
Posted at 2994, the drop is now in action...I will give it time to calm down to buy, once H1 stabilizes.
Everyone can see the chart, but only a few can actually read it.
  • #441,860
  • Sep 29, 2016 12:02pm Sep 29, 2016 12:02pm
GU drop will now begin, target 1.2940 or lower
Just 20 pips a day to riches
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