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  • U.K. said to plan compromise on Irish border to get Brexit deal

Added at 8:43am

Nicholishen is one of the most ignored users on this forum, don't let him troll you!
GBP move 100 pips because of this!
the most bulshit pair, didn't traded for 2-3 weeks because lost every trade because of news and now there was not fuckin news on calendar but they always come from somewhere, bullshit news
yeah this news is very shit, i think right now this pair is scheming fraud shit
100 pips in a minute,what the.....???
Quoting beharii97
the most bulshit pair, didn't traded for 2-3 weeks because lost every trade because of news and now there was not fuckin news on calendar but they always come from somewhere, bullshit news
Best and easiest pair to trade for me currently, so its relative, I guess.
Everyone can see the chart, but only a few can actually read it.
From$1toMillion EA All Time Return: 58.5%
Quoting Brandonlow
GBP move 100 pips because of this!
UK positive Data didn't move the Pair but Fukinn News
Quoting Botan626
Nicholishen is one of the most ignored users on this forum, don't let him troll you!
who is Nicholishen ?
Stop losssssssssss
Took my profit and closed, will watch, but i agree these Brexit comments are nonsense
Surely someone can put a lod on this kind of nonsense
Supposed to be lid not lod, sorry
mega market scams going on
But news is confirmed source,so only the mkt react suddenly 100 pips.

https://twitter.com/C_Barraud/status/1046742173834760193
Stay away, Deal will not mature, price will crush again
Being short GBP is a mug's game.
Quoting MaverickCT
Supposed to be lid not lod, sorry
You can edit your own comments, with the edit button!
Don't wait for the wind, take to the oars.
Beware suddenly another news which make the GBP go down LOL
sell pound on spiky i think
Sterling is a "Once Upon a Time" currency.
Quoting Omoba
100 pips in a minute,what the.....???
It took 19 seconds to rally 105 pips.. High frequency trading algorithms doing their thing!
Don't wait for the wind, take to the oars.
Quoting Dr.Zain
{quote} UK positive Data didn't move the Pair but Fukinn News
When you trade long enough you will learn the hard way or easy way that the markets do whatever they want....big boys the kind of guys who actually cause such big moves don't play by normal rules... we retail traders are almost predictable especially when it comes to interpretation of fundamental news....yo on yo own out there....protect your bottom-line.
Stop fighting, let it go......you will be surprised..
Again,Christophe Barraud the "top forecaster".Great record of scamming.
what a big stop hunt, shorting from here on thanks
It was news guys & girls, probably fake too. I will buy a test of 1.3060 on a ringed low.
GU's getting back to where the spike started; the most it may take is a session
this news is not significant enough to move the Pounds by over 100pips in just some minutes .... this is absolute nonsense
This is why we don't trade upon Twitter feeds kids.....
don't try to understand this move, it was made for me as I had a 5 lot pending sell @ 149.30 ... extra luckily that I didn't adjusted to .41 when I had a second thought.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.PNG Size: 50 KB


and now it is going to ... hehe! ... fine, around 146 I would say, but I am out of this trade.
Ja it's shit! .. and then they give Elon Musk a massive fine for talking shit .. double standards as usual!
For commentors believing this was news in the last minutes that spiked the currency, this headline announcement from Bloomberg states it was out 6 hours ago:
https://www.bloomberg.com/news/articles/2018-10-01/hammond-defends-brexit-plan-expects-compromise-tory-update.
If you were long gbp you were lucky to get this spike, if you were short hopefully your stop loss should have given some protection but this type of move will continue ad infinitum in the trading world. All you can do is simply protect for it .
Quoting aa4fx
don't try to understand this move, it was made for me as I had a 5 lot pending sell @ 149.30 ... extra luckily that I didn't adjusted to .41 when I had a second thought. {image} and now it is going to ... hehe! ... fine, around 146 I would say, but I am out of this trade.
Nice channels
The EU will not give the UK a deal that makes us look better off out of the block, even though a no deal would damage their economy. If they did other countries might want to jump the fence.
Therefore, be prepared for GBPUSD to test the 1.20 lows within the next few months on an imminent no deal Brexit!
Quoting sonyclan
be prepared for GBPUSD to test the 1.20 lows
be prepared to see the gbpusd parity happen just to show EU how to do it
Quoting sonyclan
The EU will not give the UK a deal that makes us look better off out of the block, even though a no deal would damage their economy. If they did other countries might want to jump the fence. Therefore, be prepared for GBPUSD to test the 1.20 lows within the next few months on an imminent no deal Brexit!
You think? In reality a positive outcome (deal) is plus plus on both sides of the negotiating table. There would be a greater danger for the EU en mass, if only a punitive outcome is pursued.
GBP knocking on the door of resistance on major crosses.
Quoting Lamplighter
{quote} You think? In reality a positive outcome (deal) is plus plus on both sides of the negotiating table. There would be a greater danger for the EU en mass, if only a punitive outcome is pursued.
Wrong, a free trade deal would be a punitive outcome for the EU.

We pay 3 times as much as the UK taxpayer, have to follow EU regulation and common trade deals and respect the four freedoms.

Who wouldn't want to have everything for free that would be a dream come true.

A free trade deal would set a precedent and blow up the EU, everybody would claim the same freebies.

No deal is a good deal.
  •  Guest
  • | IP XX.XXX.131.144
Lol to those moaning about stop losses on news. I've got an idea for you; stop day trading like muppets then lol.

Sell the pound against the dollar because there's NFP later in the week (GBP artificially propped currently, so it'll have the biggest volatility on Friday), and hedge it by selling the dollar against a safe haven like the Yen (good price to buy the Yen atm as well).
Quoting barkie
{quote} Wrong, a free trade deal would be a punitive outcome for the EU. We pay 3 times as much as the UK taxpayer, have to follow EU regulation and common trade deals and respect the four freedoms. Who wouldn't want to have everything for free that would be a dream come true. A free trade deal would set a precedent and blow up the EU, everybody would claim the same freebies. No deal is a good deal.
Time will tell. Major risk for the EU is to go headlong against the tide of populism - like listening to the rumblings of Mount Etna and putting one’s hands over one’s ears and saying ‘La, La, L’Lala’ as loud as one can ....!
Don't you realise that we are in a volatile market!
Don't wait for the wind, take to the oars.
  •  Guest
  • | IP XX.XX.125.41
Quoting Lamplighter
{quote} Time will tell. Major risk for the EU is to go headlong against the tide of populism - like listening to the rumblings of Mount Etna and putting one’s hands over one’s ears and saying ‘La, La, L’Lala’ as loud as one can ....!
Shrewd comment L.
Quite a challenge when you realize how ill informed the ordinary person in the street is.
Youll appreciate this.. https://perils.ipsos.com/
How vulnerable democracy is.
Last time it was NOOOOO.

Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting Dr.Zain
{quote} UK positive Data didn't move the Pair but Fukinn News

Data?? Ohhhh the "9:30 great secret news".
LOL it was leaked hours in advance

As always.!!!! Hilarious!!

Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting MaverickCT
Supposed to be lid not lod, sorry
Your sorry doesn't fix mistakes

It's the Edit button that smart people use, fixes problem, sorry
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting Guest
Lol to those moaning about stop losses on news. I've got an idea for you; stop day trading like muppets then lol. Sell the pound against the dollar because there's NFP later in the week (GBP artificially propped currently, so it'll have the biggest volatility on Friday), and hedge it by selling the dollar against a safe haven like the Yen (good price to buy the Yen atm as well).
And what you have actually done is to take on a synthetic Short GBPJPY with a much larger margin cost and cost of carry...
Quoting nbfx
{quote} And what you have actually done is to take on a synthetic Short GBPJPY with a much larger margin cost and cost of carry...
GJ swings are 50% bigger than GU.

Right??

So he can make dozens of pips MORE.
Who cares about 3 pip spread???
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
  •  Guest
  • | IP XX.X.110.83
Quoting nbfx
{quote} And what you have actually done is to take on a synthetic Short GBPJPY with a much larger margin cost and cost of carry...
The idea is to hedge your bets so that you cut the loser and work into the winner at NFP, because I don't care who you are, nobody knows which way prices will swing on this week's volatility. It's to benefit from volatility (which, if you are a good trader who hedges properly, you will almost always make money from) not to double your win with the GBP AND the Yen.

Seriously, the witch hunt and conspiracy about GBP market fraud (like the British government are making announcements just to ruin a couple of retail traders' days - come on, get over yourselves and stop being so arrogant) and not understanding the basic principles of a hedge really deteriorates the integrity of this entire forum.
Quoting Not-KPMG
{quote} GJ swings are 50% bigger than GU. Right?? So he can make dozens of pips MORE. Who cares about 3 pip spread???
So trade directly...?
Quoting Guest
{quote}... Seriously, the witch hunt and conspiracy about GBP market fraud (like the British government are making announcements just to ruin a couple of retail traders' days - come on, get...

Little Liar

Why are you hiding??
Errrrr.....

You do know that 80% of the British, Canadian, Aussie "news", what a joke are known 2-3-7 hours in advance???

Right???
Errrrr....

Or ohhhh you didn't notice.....

Go look at the chart 2 hours, that's 7:30 UK, before "the news".
Beware of robber banks (RB), bad advisors.
Der Trader All Time Pips: 52,970
Quoting Guest
{quote} The idea is to hedge your bets so that you cut the loser and work into the winner at NFP, because I don't care who you are, nobody knows which way prices will swing on this week's volatility. It's to benefit from volatility (which, if you are a good trader who hedges properly, you will almost always make money from) ...
Sounds not unlike the approach I use for trading spread differentials
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  •  Guest
  • | IP XX.XXX.79.149
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  • Story Stats
  • Posted: Oct 1, 2018 8:42am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 49  /  Views: 12,993