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  • U.K., EU Agree On Brexit Divorce Bill: Telegraph

Added at 12:49pm
Added at 12:59pm

  • Sterling Soars After Britain, EU Agree On Brexit Divorce Bill: Telegraph

    From zerohedge.com

    The Telegraph is reporting that British and EU negotiators have reached a deal over the so-called ‘Brexit bill’, opening the door to a potential breakthrough in the talks this December. According to the report, that the final figure, which is deliberately being left open to interpretation, "will be between €45bn and €55bn, depending on how each side calculates the output from an agreed methodology." Telegraph quotes sources on both sides who have confirmed that "an agreement-in-principle has now been reached" over the EU’s demand for a €60bn financial settlement ahead of a crucial lunch meeting next ... (full story)

Wow....its really???? 😢😢😢
thanks telegraph
Big mover for GBP pairs.
Once again guys let the buyers begin!

Clearly this was the puzzle stopping the buying all day!
Let's fade it
again another news on this. again some stop hunting. again uncertainty

sick of this uk issue
yes but again Broder issue which is more important then money is still there..
Eur 45 or 55BLN is just money.
don't forget that yes Pound is high i love that.
but still i am on sell, will wait for the move to get 1.3320-1.3350 and start selling again
and GBPCAD and GBPAUD too
Don't compare your Trades with Others
i just smile watched cable down before this happened
indeed gbp ,oh yeah!!
Let me fill my acount wallet then will take Ur advice
we will be waiting for somthing to hit the GBPUSD back to 1.32ish !!
Let me fill my acount wallet then will take Ur advice
How long will it long?
im late to the party
FUUUUUUUCK...My GU buy limit did not get filled by 3 fuckin pips
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
Quoting DubaiFX
yes but again Broder issue which is more important then money is still there.. Eur 45 or 55BLN is just money. don't forget that yes Pound is high i love that. but still i am on sell, will wait for the move to get 1.3320-1.3350 and start selling again and GBPCAD and GBPAUD too

Typical trader who pay too much attention to technical.

Its Fundamental that ruling the market right now.

The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence.

Trading is more than just up and down you must also understand how the markets work!

Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
Quote
which is deliberately being left open to interpretation, will be between €45bn and €55bn, depending on how each side calculates

Which is another way of saying that the Brits are talking €uros and the divorcees are talking £ounds.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Don't even try to short GBP now.even tommorow keep buying
Make it Green
1.34 possible
Make it Green
bears strike back.loi
Make it Green
motherfucker... GBP/USD dance like crazy, up down up down
Quoting XuMar
motherfucker... GBP/USD dance like crazy, up down up down
lol
Wow...that spike tho.....
Quoting XuMar
motherfucker... GBP/USD dance like crazy, up down up down
hahahahahaha
Make it Green
And the gains are wiped out again in a flash..
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  • | IP XX.X.181.140
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
Exactly fundamentals and not just "news"
JAAAA.. plays out nicely -- Gimme more
Risiko birgt immer auch die Chance.
Am staying out.just watching.
Make it Green
A british government official says does "not recognise" telegraph newspaper's account of brexit negotiations
Make it Green
no official gov say that...
good news
N. Korea fires ballistic missile: S. Korea JCS
Make it Green
unexpected sudden big move, thanks telegraph
Neither a Bro Nor a Pro I am I
  •  Guest
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Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
Typical trader who does not understand the contact between technical and fundamental. Fundamental is the "fuel" of the price. Technical will determine limits and levels. And you will be successful ONLY when you getting understand this very simple fact. Does not make sense to fight which side is good because there is no anything to fight on. These two is same part of a "large machine" . Hope I did help. All the best for the future!
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
yes agree
Neither a Bro Nor a Pro I am I
Quoting digit1288
And the gains are wiped out again in a flash..
A gain should only be considered after a month or some similar time span otherwise you may as well call it "gambling income"
https://www.forexfactory.com/news.php?do=news&id=718762
This is time for the deep pockets to play.
Let it turn and find your entry.
the government officials don't even know what the government policy is half the time
Interesting thing about Forex. Wherever the news goes traders celebrates/mourn. GBP bulls celebrate
Hang On has anyone even stopped to think that other than the Telegraph, the fact the UK has struck a deal with EU over Brexit has not even made mainstream media news yet !!!
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
This whole GU move is 100% technical...I have been warning people about very strong bottoming in the 1.30-32 area for weeks now...amd that a big spike up will follow. And it would happen with or without noise on FF.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} This whole GU move is 100% technical...I have been warning people about very strong bottoming in the 1.30-32 area for weeks now...amd that a big spike up will follow. And it would happen with or without noise on FF.
The reason for the move is fundamental...that it shows up technically is only confirmation of the inevitable which many are still yet to see.

Obviously day traders will take a while as most directional moves are monthly or quarterly
Quoting Guest
{quote} Typical trader who does not understand the contact between technical and fundamental. Fundamental is the "fuel" of the price. Technical will determine limits and levels. And you will be successful ONLY when you getting understand this very simple fact. Does not make sense to fight which side is good because there is no anything to fight on. These two is same part of a "large machine" . Hope I did help. All the best for the future!
Very well put. Totally agree.
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
Both technical and fundamentals go hand in hand. Ignoring one could be costly. Fresh EG setup based on technical
Quoting DonFF
{quote} The reason for the move is fundamental...that it shows up technically is only confirmation of the inevitable which many are still yet to see. Obviously day traders will take a while as most directional moves are monthly or quarterly
GU is bottoming on WEEKLY chart for 7-8 weeks...those who trade GU know how big spikes it makes when it bottoms on HOURLY, let alone H4 or daily...so bottoming on weekly, there is no news in the world that would make it go down...these "news" we see only follow the chart, they are never random, never posted during random times...its all written in the chart and it all makes sense...its no stop loss hunting or manipulation as many traders call it here.
Everyone can see the chart, but only a few can actually read it.
Quoting 9jatrader
{quote} Both technical and fundamentals go hand in hand. Ignoring one could be costly. Fresh EG setup based on technical
I started making money consistently when I started ignoring fundamentals completely, I do not wait for "news" on FF, all I follow is the chart and I come here just for the entertainment, best decision I ever made.
Everyone can see the chart, but only a few can actually read it.
Quoting OnlineAddict
{quote} I started making money consistently when I started ignoring fundamentals completely, I do not wait for "news" on FF, all I follow is the chart and I come here just for the entertainment, best decision I ever made.
Same with me. After move I check what was responsible for strong movement, like today. It's difficult to know which of the news would move price.
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
GBPUSD at 1.60 in one month, You've got to be joking.
News is not part of any fundamental its just talk....Before the news the market makers already decide where price is going based on fundamentals chiefly interest rate.

Regardless of which storm is blowing the price of all currencies are impacted mainly by cost which is interest rate. Again the cost of money is interest rate!
Quoting Jr123
{quote} GBPUSD at 1.60 in one month, You've got to be joking.
Its interesting you are misquoting in public
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
Sorry what is the misquote I don't understand.
Quoting Rafaz1
Hang On has anyone even stopped to think that other than the Telegraph, the fact the UK has struck a deal with EU over Brexit has not even made mainstream media news yet !!!
Does seem odd but half the Tory cabinet actually write articles in the Daily Telegraph and the cabinet is the government so I guess that is where it has come from. It's just there isn't an official release
Quoting DonFF
{quote} Its interesting you are misquoting in public
Anyone who Trades GJ seriously will understand this since GJ already take out 1.52 so which do you think is the next target?

Furthermore GJ is only ranging or accumulating in this present 1.48 region. To remind those who forget or didnt notice, 1.48 was the target for 2016 rate hike....So whats the 2017 target?
so GBPJPY gets stopped out then moves back up :/ Sad life of a trader
Quoting DonFF
{quote} Anyone who Trades GJ seriously will understand this since GJ already take out 1.52 so which do you think is the next target? Furthermore GJ is only ranging or accumulating in this present 1.48 region. To remind those who forget or didnt notice, 1.48 was the target for 2016 rate hike....So whats the 2017 target?
I understand my confusion now. Everyone is talking about GBP on this story and when you quoted price of 1.60 I understood this was your position. Or are you suggesting GJ plummeting to 1.60
Quoting DonFF
News is not part of any fundamental its just talk....Before the news the market makers already decide where price is going based on fundamentals chiefly interest rate. Regardless of which storm is blowing the price of all currencies are impacted mainly by cost which is interest rate. Again the cost of money is interest rate!
Interest Rate is only a single aspect of news in Forex.
Quoting Jr123
{quote} I understand my confusion now. Everyone is talking about GBP on this story and when you quoted price of 1.60 I understood this was your position. Or are you suggesting GJ plummeting to 1.60
In case you are not using a proper charting package, GBPJPY's (GJ) strategic low for the day, week, and month was 1.47 after which it hits high for the day of 1.49.

All happening on a day when the FED has confirmed its interest rate overalling of the system will take 3-4yrs. So at the very least GJ will be hitting 1.538
Quoting DonFF
{quote} In case you are not using a proper charting package, GBPJPY's (GJ) strategic low for the day, week, and month was 1.47 after which it hits high for the day of 1.49. All happening on a day when the FED has confirmed its interest rate overalling of the system will take 3-4yrs. So at the very least GJ will be hitting 1.538
Please put your decimal point in the proper position your driving me crazy.
Quoting 9jatrader
{quote} Interest Rate is only a single aspect of news in Forex.
Agreed But it is the single biggest and most impactful in all markets.

I didnt say immediate impact on all markets since for some markets like housing markets the effect is lagging.
Quoting DonFF
{quote} Typical trader who pay too much attention to technical. Its Fundamental that ruling the market right now. The fundamental is that Interest rates are going up across the board and therefore the currency value as a consequence. Trading is more than just up and down you must also understand how the markets work! Since you are more technical than fundamental ....look at the double bottom formed on the GJ....Its surely time to buy the target is 1.60 and above by end of 2017
have you read my recent posts?
i am not technical trader, i mostly trade on fundamentals
have a look at my past few weeks posts and you will see i explain the fundamentals maybe clearly then anyone else in this Forum called Cable.
i understand the Fundamentals maybe much more then you can think.
have a look see and reply to my posts in forums and lets see who is real Fundamentalist.
i dare many people its not a contest just good i think for both of us i think its good to share.
Peace man..
Don't compare your Trades with Others
Quoting OnlineAddict
{quote} This whole GU move is 100% technical...I have been warning people about very strong bottoming in the 1.30-32 area for weeks now...amd that a big spike up will follow. And it would happen with or without noise on FF.
Nonsense! It came off the H4200ema to the pip, which it was always likely to do, but the force of the move was entirely propelled by the news release.
Other than an article in the Telegraph, no other confirmation of this decision?
It could still be a state of no conclusion????
No basis for trading, just rumor.
As crazy as this might sound am looking to sell Pound today based on prices action.
The Forex market needs proper regulation as completely open to abuse and manipulation.

Markets going up/down when it is fake news. Mainstream media have still not confirmed that EU Brexit deal has been reached so why Telegraph reporting this????
LLet it up, then we will smackdown it with a big short on 1.34500
Quoting Guest
{quote} Exactly fundamentals and not just "news"
Please what's the difference between fundamental and news??
Enlighten a brother please
Trade well
Quoting ohakaba
As crazy as this might sound am looking to sell Pound today based on prices action.
Get your fingers burnt going short on GBP??? Would you do that
Quoting Jr123
{quote} Please put your decimal point in the proper position your driving me crazy.

Thats the least of the problem here buddy...Todays move should not be a surprize...Dont call me a prophet!
Quoting 9jatrader
{quote} Get your fingers burnt going short on GBP??? Would you do that
Anyone with cash to burn can take short positions for the next 2 wks

GBPUSD is likely to reach 1.3850 and move into 1.40s after interest rate hike decision.
Quoting DonFF
{quote} Anyone with cash to burn can take short positions for the next 2 wks GBPUSD is likely to reach 1.3850 and move into 1.40s after interest rate hike decision.
Quoting Zillionaire
{quote} Please what's the difference between fundamental and news?? Enlighten a brother please
Fundamentals could be GDP; Consumer Price Index, CPI; Inflation and any economic information. News could be politics, war, missile test and related problem, elections/referendums, Oil price and OPEC meetings and their trouble. In fact any information that has nothing to do with candlesticks on our charts are news and fundamentals
Quoting 9jatrader
{quote} Fundamentals could be GDP; Consumer Price Index, CPI; Inflation and any economic information. News could be politics, war, missile test and related problem, elections/referendums, Oil price and OPEC meetings and their trouble. In fact any information that has nothing to do with candlesticks on our charts are news and fundamentals
Its important to know that not all fundamentals are created equal. Hence FF breakdown according to impact.

For my money, the Fundamentals of Fundamentals are related to the cost of money meaning Interest rates.
Quoting DonFF
{quote} Anyone with cash to burn can take short positions for the next 2 wks GBPUSD is likely to reach 1.3850 and move into 1.40s after interest rate hike decision.
Will the fact that lots of countries are raising interest rates nullify any gains of one over another?
Quoting Jr123
{quote} Will the fact that lots of countries are raising interest rates nullify any gains of one over another?
Just Look in the charts and the answer is simple
Quoting DonFF
{quote} Just Look in the charts and the answer is simple
My Preferred chart is tradingview.com
Quoting DonFF
{quote} My Preferred chart is tradingview.com
Had a look nothing there. Not interested in opening another brokerage account. Just look in the charts isn't much help I view charts all day long. If you don't have an answer don't bother replying.
Quoting Jr123
{quote} Had a look nothing there. Not interested in opening another brokerage account. Just look in the charts isn't much help I view charts all day long. If you don't have an answer don't bother replying.
This is not the only thread I commented in so do a little extra and see my other comments. I will drop another clue....many here talk about trading systems but I rather not...No point worrying about the leaves of a tree while ignoring the trunk!
Funny thing is When they announce Bexit win. Pound drop like a rock. Now they announce a agreement for British to exit the pound was rise big time lol.
Year end profit taking. Good luck retail traders
Quoting toptrader11
Funny thing is When they announce Bexit win. Pound drop like a rock. Now they announce a agreement for British to exit the pound was rise big time lol.
because soft brexit confirm and UK keep deal with EU market
Quoting minaung
{quote} because soft brexit confirm and UK keep deal with EU market
This is a soft Trading environment with GBPUSD Soaring over 1.40 leading up to Dec 15. With Both Political settlement and Interest rate in Play....

https://www.reuters.com/article/us-b...-idUSKBN1DX0AM

Confirmation of this should see a GAP up in the market in 4/5hrs
In deed the USDJPY has gapped

https://www.fxstreet.com/rates-charts/chart-interactive?asset=usdjpy
Quoting DonFF
In deed the USDJPY has gapped https://www.fxstreet.com/rates-charts/chart-interactive?asset=usdjpy
Those 70=100 pips should be an easy get especially going into a light Trading Monday for USDJPY. Should be looking to buy away from the gap for Tuesdays USD PMI and further confirmations of the Tax bill
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  • Story Stats
  • Posted: Nov 28, 2017 12:43pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 82  /  Views: 27,271