•This is a poll, not an official result •From the final Yougov POLL: 46 Yes / 54 No - •This is NOT an exit poll - •GBP/USD higher, through 1.6400 to 1.6417 as I type (Added … and of course I can’t keep up, just shy of 30 now)
The real result could be anything. That's why its best to stay out of the market during something like this because the volatility will make it impossible to get a safe entry with a reasonable stop loss because they are just going to stop those out do to volatility, so if you put in a bigger one and you are wrong! Get the picture?
And look what just happened to price because of the Yougov poll, see if another poll like this pushes price up and then when the final count is in everything has already been priced in and then there is a retracement stopping out those who went long late.
Once the official numbers come out this will be easy trade. if no, start loading the boat long on any pull backs back to 1.71+ out of this thing
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good luck with that... there's already 400 pips move on "YES votes"... after official result there can be one more push and then sell-off, you must be cautious.
We've already just seen 50 pip pullback. If you have to trade now make sure you move those stop losses to break even quickly once you get up some pips.
dang I went long cable around 22 hours back and already took profit @ 1.6390, can only go short now. don't recall the platform being open so late at night before, its 7min past midnight here
Once the official numbers come out this will be easy trade. if no, start loading the boat long on any pull backs back to 1.71+ out of this thing
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Why would this go to 1.71? You realize GU is still in a downtrend and Scotland has nothing to do with it? This is just noise...after its over, no matter what the vote is, the downtrend will continue. Scotland didn't cause the downtrend to start and its stay in the UK won't turn the economy into a miracle success overnight...nothing will change, so good luck longing this, while market makers will drop it until 1.50 and below.
Everyone can see the chart, but only a few can actually read it.
better not to take part in this lottery, much better to stay away than to lose your hard gained money
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This is no lottery it's more like a Roulette Wheel at least you know you only stand to lose a couple of bucks for the price of a lottery ticket but playing this game you could lose much much more!
Hell sometimes you say " OK I'll put in a tite stop" only to see it slipped for twice it's size!
Why would this go to 1.71? You realize GU is still in a downtrend and Scotland has nothing to do with it? This is just noise...after its over, no matter what the vote is, the downtrend will continue. Scotland didn't cause the downtrend to start and its stay in the UK won't turn the economy into a miracle success overnight...nothing will change, so good luck longing this, while market makers will drop it until 1.50 and below.
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UK has been posting good data and if not for the up coming vote I believe The Pound would have risen already. But with that said I still won't trade this mess! Look what happened to the price of the NZD a month ago when they raised there rates, it has steadily dropped from .8700 NZD/USD down to .8150 and dropped about 200 pips the first day after the announcement. I've never seen that happen after a rate hike!
Can't imagine what they might have in store for traders here in a little bit.
better not to take part in this lottery, much better to stay away than to lose your hard gained money
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You are wasting your time. Good advice like you offer is not going to be received well by the majority. If they would, it would really piss off a lot of big banks, market makers, and hedge fund managers, who are waiting, drooling at the mouth, to get all their money. It would be so funny if their planned failed because everyone listen to advice like yours, and just let them scratch their heads in disappointment. LOL
This is no lottery it's more like a Roulette Wheel at least you know you only stand to lose a couple of bucks for the price of a lottery ticket but playing this game you could lose much much more!
Hell sometimes you say " OK I'll put in a tite stop" only to see it slipped for twice it's size!
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You both are correct, and if a trader finds himself on the wrong side of the move, just think about how much hype this circus has been, and ask yourself what you think the brokers will charge you for a spread. That alone is enough to go to bed early, and wake up tomorrow, come on this site, and see how many liars there are. Chances are more will lose than will admit it, because no one wants to be wrong, especially if they lost their whole account.
Me too. Come on over, and I'll share my popcorn. LOL It's going to be a real action packed thriller, which will leave many shaking their heads and crying, all the while wondering what just happened.
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Commercial Member
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Joined Nov 2013
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I guess traders will definitely like to risk a little in this historic event. No experienced trader would like to miss this massive opportunity to make profits with a little risk.
Good Luck to all traders with their trades.
Leaders don't do different things, but they do the same things differently.
Why would this go to 1.71? You realize GU is still in a downtrend and Scotland has nothing to do with it? This is just noise...after its over, no matter what the vote is, the downtrend will continue. Scotland didn't cause the downtrend to start and its stay in the UK won't turn the economy into a miracle success overnight...nothing will change, so good luck longing this, while market makers will drop it until 1.50 and below.
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what do you mean scottland vote has nothing to do with it? they started talking about the independence vote 3 months ago and that is right when the GBPUSD topped...
what do you mean scottland vote has nothing to do with it? they started talking about the independence vote 3 months ago and that is right when the GBPUSD topped...
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Cable simply topped at 7190, nothing to do with anything else, the bull run was done and now we have a bear run, so the only way to trade it is to sell the spikes.
Everyone can see the chart, but only a few can actually read it.
Me too. Come on over, and I'll share my popcorn. LOL It's going to be a real action packed thriller, which will leave many shaking their heads and crying, all the while wondering what just happened.
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Hahaha, true! I've caught up the end of the uptrend. Went short and then out with an 1.4% of my account balance in profits.
Even so, the very heavy Resistance that was broken on GBP/JPY, now became some serious Support and, considering the interest rates, the cable will rise again in the long term... maybe after some test a little bit down.