GBPUSD thoughts

[andymac]

evening triple and thank you for the vids , found them.
things got a bit jiggy there for a moment,,,,
spike on us500 got my entry order which i had oh so efficiently placed in anticipation of next leg up, bugger, will have to see how this plays,

bigger picture, ftse mine calls it uk100, and au200 both sitting right on .62 R from last high, us has only made it down to .5, if the lows of an hour or so ago hold tonight i am looking for couple of hundred points up on all of them

 

[willoneau]

Entry short US500 2717
Exit 2722 5.1 pips loss

 

[andymac]

long GBP 1.29616 stop now .29608

stop hit - 7pips

 

[willoneau]

long GBP 1.29616 stop now .29608

stop hit - 7pips

What platform you using?

 

[willoneau]

Exit GBP 2948,
23.7 pips loss

 

[andymac]

What platform you using?

mt4


somebody must have said something nasty in UK. GBP fell out of the top bunk?

 

[peter2]

You've decided to trade in a market using a very small time frame that's highly likely to be impacted by political statements at any time. You may get lucky or you may not.

 

[andymac]

ok that all got a bit exciting for a while had a couple of false starts but long us500 and uk100
us500 long - 2723.2 isl 2719
uk100 long - 7041 stop now 7038 and its running like it stole something, makes me think low is in.

uk is open market right now, us500 normally tracks it but will maybe be cautious until about 9.30 or 10 when us pre-open kicks in

 

[willoneau]

long GBP 1.29616 stop now .29608

stop hit - 7pips

On my platform 29616-29608=0.8pips
ctrader

 

[andymac]

View attachment 90306
You've decided to trade in a market using a very small time frame that's highly likely to be impacted by political statements at any time. You may get lucky or you may not.

thank you Peter2 and hello, yes there is the news knew there must have been something.

i actually choose to ignore the news on smaller timeframes, i do not wish that to sound arrogant i hope it doesn't
the issue i have is that whatever it is i can never tell which way it is going to push the market, and nobody else seems to be able to either, so my approach is as soon as things get a bit jiggy jiggy i know there must be something ...... so tighten stops pay close attention to the pattern, if your not sure get out,,, HOWEVER,
again this only applies if i am sitting in front of the screen, if not, i am stuffed. and as per earlier conversations i am thinking i do not want to be. not so often anyway. so maybe i need to learn a better way to deal with news too...

 

[andymac]

On my platform 29616-29608=0.8pips
ctrader

stop was 08, got filled 09 according to log??


but now i see what you mean extra decimal point on mine, i was wondering that last night.

 

[willoneau]

the allure of the screen

 

[willoneau]

stop was 08, got filled 09 according to log??

slippage i guess

 

[willoneau]

Watching US500 making impressive higher highs higher lows on 3min time frame

 

[willoneau]

GBP off the charts compared to last week.

 

[willoneau]

Entry short US500 2724

 

[willoneau]

View attachment 90306
You've decided to trade in a market using a very small time frame that's highly likely to be impacted by political statements at any time. You may get lucky or you may not.

I noticed the increased volatility so reduced time frame and halved position.
Be it after being spanked on open

 

[willoneau]

Side note,
reminds me when i went to casino with $100 playing $5 blackjack,
8hours later and 6 spirits went home thoroughly entertained.
now i want to learn to be the casino

 

[willoneau]

Entry long GBD 2906

 

[willoneau]

short US500 2724.1