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  • U.K, EU said to discuss extending Brexit transition phase • Brexit officials float longer transition in talks: EU diplomats

    *U.K, EU SAID TO DISCUSS EXTENDING BREXIT TRANSITION PHASE

    *BREXIT OFFICIALS FLOAT LONGER TRANSITION IN TALKS: EU DIPLOMATS

    — stewart hampton (@stewhampton) October 12, 2018
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  • Post #1
  • Quote
  • Oct 12, 2018 10:33am Oct 12, 2018 10:33am
  •  dean1star
  • Joined Apr 2011 | Status: Member | 125 Comments
so now they need even more time to not agree ..looney toones .. u know i think its the brits in general that the euro mob are trying to hurt the working class who for the most part voted to get away from these clowns
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  • Post #2
  • Quote
  • Oct 12, 2018 10:38am Oct 12, 2018 10:38am
  •  XuMar
  • | Joined Feb 2015 | Status: Member | 503 Comments
They will discuss Brexit until the end of Earth
  • Post #3
  • Quote
  • Oct 12, 2018 10:38am Oct 12, 2018 10:38am
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Cryptic headline stating what is already known - as if it's news. One thing's for sure nobody wants the process to drag out in some vague way - apart from the politicians who have a nice little sinecure...
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  • Post #4
  • Quote
  • Oct 12, 2018 10:40am Oct 12, 2018 10:40am
  •  tomiko
  • Joined Jul 2011 | Status: Watching you! | 301 Comments
what gone up too high, gonna drop even harder
1
  • Post #5
  • Quote
  • Oct 12, 2018 10:48am Oct 12, 2018 10:48am
  •  conglomerate
  • | Commercial Member | Joined Jun 2018 | 528 Comments
Quoting tomiko
Disliked
what gone up too high, gonna drop even harder
Ignored
You are very....very.....veerrrryyyyyyy..... right
2
  • Post #6
  • Quote
  • Oct 12, 2018 10:58am Oct 12, 2018 10:58am
  •  cpizzle
  • | Joined Jul 2018 | Status: Member | 6 Comments
Quoting tomiko
Disliked
what gone up too high, gonna drop even harder
Ignored
Just waiting for it! This is just a great time to be making a lot of money!
1
  • Post #7
  • Quote
  • Oct 12, 2018 10:59am Oct 12, 2018 10:59am
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Quoting conglomerate
Disliked
{quote} You are very....very.....veerrrryyyyyyy..... right
Ignored
The same is true the other way too. lol
  • Post #8
  • Quote
  • Oct 12, 2018 11:06am Oct 12, 2018 11:06am
  •  Rafaz1
  • | Joined May 2017 | Status: Member | 62 Comments
This is beyond boring
  • Post #9
  • Quote
  • Oct 12, 2018 11:25am Oct 12, 2018 11:25am
  •  debkanto
  • | Joined May 2018 | Status: Junior Member | 1 Comment
What bullish or bearish?? Please help me for very thank you
  • Post #10
  • Quote
  • Oct 12, 2018 11:32am Oct 12, 2018 11:32am
  •  Citi1
  • | Joined Mar 2018 | Status: Member | 59 Comments
Quoting debkanto
Disliked
What bullish or bearish?? Please help me for very thank you
Ignored
Gothrough this it is bearish now US Dollar Eyes Key Level, GBP and EUR Dip - US Market Open Both the Pound and Euro are today lower amid the slight reprieve in the USD. Eurozone data slightly encouraging with industrial production beating analyst estimates. Eyes now turn to next week with political risk on the agenda with the EU summit scheduled next week.
Since the Meeting is delayed for Brexit it sounds bearish now....
Trade Accordingly
this is own research through varies websites... it up to decide
thanks
  • Post #11
  • Quote
  • Oct 12, 2018 11:39am Oct 12, 2018 11:39am
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Quoting debkanto
Disliked
What bullish or bearish?? Please help me for very thank you
Ignored
It depends on your trading time frame and which pairs you are trading. Don’t take notice of the comments on here as they really carry no weight. The charts and key levels inform direction and momentum.
1
  • Post #12
  • Quote
  • Oct 12, 2018 11:49am Oct 12, 2018 11:49am
  •  UnBearybull
  • | Joined Aug 2016 | Status: Member | 559 Comments
Breaking*** my ass, this was 5 hours old.
  • Post #13
  • Quote
  • Oct 12, 2018 11:50am Oct 12, 2018 11:50am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,158 Comments
Yep.
Extend to 2025 September!!

LOL.

What's up pound lions??? I thought 1.45 coming this month????
Ask OnlineLongAddict
  • Post #14
  • Quote
  • Oct 12, 2018 11:52am Oct 12, 2018 11:52am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,158 Comments
Quoting debkanto
Disliked
What bullish or bearish?? Please help me for very thank you
Ignored
Here.



Obviously on weekly.
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  • Post #15
  • Quote
  • Oct 12, 2018 11:54am Oct 12, 2018 11:54am
  •  drhnt
  • | Joined Jun 2018 | Status: Member | 5 Comments
Looks like May intends to call the Brexit backbenchers bluff to revolt, like in the 90s under Major they have a choice, party or country?

I think this time round they will revolt if May doesn't chuck chequers as the electorate will punish them at the next election otherwise.
  • Post #16
  • Quote
  • Oct 12, 2018 12:36pm Oct 12, 2018 12:36pm
  •  OnlineAddict
  • Joined May 2014 | Status: Veteran | 2,444 Comments | Invisible
Quoting Not-KPMG
Disliked
Yep. Extend to 2025 September!! LOL. What's up pound lions??? I thought 1.45 coming this month???? Ask OnlineLongAddict
Ignored
You said parity will come this month, where is it? And you should start a new demo account, so you can burn that one, too. When you start trading live instead of just trolling, come back here.
3
  • Post #17
  • Quote
  • Oct 12, 2018 1:01pm Oct 12, 2018 1:01pm
  •  conglomerate
  • | Commercial Member | Joined Jun 2018 | 528 Comments
Today Pound Sterling is loosest currency in the market (Finviz)
1
  • Post #18
  • Quote
  • Oct 12, 2018 1:34pm Oct 12, 2018 1:34pm
  •  CannonScout
  • Joined Jan 2017 | Status: Member | 61 Comments
I get ill when I touch a pound. Contaminated with a disease of bad decision making.
1
  • Post #19
  • Quote
  • Oct 12, 2018 3:46pm Oct 12, 2018 3:46pm
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 3,897 Comments
What's up EU? Thought you were happy for UK to crash out without a deal?

You decided to play chicken, then you blinked 😉

Oops.....
1
  • Post #20
  • Quote
  • Oct 12, 2018 4:25pm Oct 12, 2018 4:25pm
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Quoting Ill-b-back
Disliked
What's up EU? Thought you were happy for UK to crash out without a deal? You decided to play chicken, then you blinked 😉 Oops.....
Ignored
Reality - like chickens came home to roost!
  • Post #21
  • Quote
  • Oct 12, 2018 10:47pm Oct 12, 2018 10:47pm
  •  gravitist
  • Joined Aug 2014 | Status: Member | 322 Comments
The EU blinked because they need Britain more than Britain needs them. Look at the PIIGS - Portugal, Italy,Ireland,Greece, and Spain. Adopting the euro wrecked their economies. At least Britain had the good sense to keep the pound - if you don't control your own currency, you're not really a sovereign nation. The afore-mentioned countries lost their sovereignty and paid the price for it - since they are restricted to the common currency, they can't devalue their currency to make their goods cheaper on the world market, thus they're screwed.

Personally , I hope other countries head for the exit door. I suspect the V4 nations - Poland,Hungary, the Czech Republic, and Slovakia - will leave the EU in a few years since they don't want to be flooded with Muslims and prefer to keep their national identity and Christian heritage. Let Paris have the terrorists; Prague and Warsaw don't want them.
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  • Post #22
  • Quote
  • Oct 13, 2018 9:05am Oct 13, 2018 9:05am
  •  Guest
  • | IP XX.XX.125.41
@gravatist.
With respect, your analysis is shot with inaccuracies and swamped with misconceptions.
1. UK is 15% of EU GDP. HTF can a trade disruption with a 15% partner damage the EU?
2. PIIGS .. Just one example..Ireland has a GDP per Capita 25% HIGHER than the USA and 80% higher than UK? Its economy ruined by EU? Well lets check that? https://tradingeconomics.com/ireland/gdp
3. Britain didnt "Keep the Pound".. It TRIED to join the ERM/Euro but was too WEAK to sustain its exchange rate. Perhaps you dont remember Black Wednesday? George Sorus? Or the 25% devaluation of GBP in 92?
4. Its 100% TRUE.. Countries in Euro cannot devalue their currency .. so the classic cover-up of their own Sovereign Governments poor management is laid bare and they cant cover-up and quick-fix their own fiscal recklessness and corruption. (vis Greece)

Discussions on FF are rightly confined to economic and currency related subjects.
I therefore cannot respond to your last paragraph which is in breach of FF Rules.
  • Post #23
  • Quote
  • Oct 13, 2018 10:24am Oct 13, 2018 10:24am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,158 Comments
Quoting gravitist
Disliked
.... Look at the PIIGS - Portugal, Italy,Ireland,Greece, and Spain. Adopting the euro wrecked their economies.

At least Britain had the good sense to keep the pound - if you don't control your own currency, you're not really a sovereign nation... ...
Ignored
Sometime you try to talk smart...unlike that bitcoin talk at $300.


Unfortunately the lame attempt doesn't hold water...

So Greece crashed BECAUSE adopted the euro???
Or because they are the laziest nation.
Oops...
So Germany, Polland ALSO CRASHED because adopting the euro????

So the sovereign nations of....Venezuela, Argentina, Syria, Zimbabwe, Vietnam, Ancient Rome...... they are doing great with with OWN CURRENCY???
Goooooo inflation....

Ohhhhh yes, it's Euro at fault!!!!!!!! how i forgot

Explain that Gravi. Hard, ain't it????
Lying at or about Brexit is easier....
Attached Image
  • Post #24
  • Quote
  • Oct 13, 2018 10:46am Oct 13, 2018 10:46am
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Quoting Not-KPMG
Disliked
{quote} Sometime you try to talk smart...unlike that bitcoin talk at $300. Unfortunately the lame attempt doesn't hold water... So Greece crashed BECAUSE adopted the euro??? Or because they are the laziest nation. Oops... So Germany, Polland ALSO CRASHED because adopting the euro???? So the sovereign nations of....Venezuela, Argentina, Syria, Zimbabwe, Vietnam, Ancient Rome...... they are doing great with with OWN CURRENCY??? Goooooo inflation.... Ohhhhh yes, it's Euro at fault!!!!!!!! how i forgot Explain...
Ignored
The point is there was a significant disparity between nation states when the various different countries joined the EU. The the ‘one size fits all’ policy would only have worked if complete fiscal integration had happened. The EU has to somehow address this asymmetry. Without a free floating fiat currency national policy makers have thier hands tied. But also can blame the EU as they have relinquished responsibility there too.
As to the point of failed nation states like Zimbabwe and now Venezuela - these have a particular shared characteristic of being socialist autocracies - now a long proven broken economic model.
It is stange though how people are frightened of standing on their own two feet fiscally - as if the mother super state is all ‘milk and honey’ - the great provider of other people’s money.
  • Post #25
  • Quote
  • Oct 14, 2018 7:09am Oct 14, 2018 7:09am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,158 Comments
Quoting Lamplighter
Disliked
{quote} The point is there was a significant disparity between nation states when the various different countries joined the EU. The the ‘one size fits all’ policy would only have worked if complete fiscal integration had happened. The EU has to somehow address ...
Ignored
Come on

I was just pointing to these Brexiteers and EU blameers how stupid they sound.

The problems in any country or any union are stemming from inside.

Venezuela, UK, Greece - all social paradise and will end the same...

The disparity etc is there, i mean inside EU, and can't be fixed artificially. It's just a trade off. Pros and Cons.
Only communists and weak-minded think there's a special formula that the government or whatever can apply.

Either it's the same rules, or no rules needed.
Like football

Now look at the other possibility: some preferential rules......US tax code comes to mind. Rich get any exemption, poor pay 40% tax
Goooo US TAX code!!!!!
1
  • Post #26
  • Quote
  • Oct 14, 2018 2:57pm Oct 14, 2018 2:57pm
  •  tomiko
  • Joined Jul 2011 | Status: Watching you! | 301 Comments
since FF's news didn't feed this..

@zerohedge: EU Leaders Planning Emergency 'No Deal' Summit As UK Conservatives Scuttle Draft Brexit Plan https://www.zerohedge.com/news/2018-...e-draft-brexit

and this..

@zerohedge: Monday Brexit Meeting Reportedly Cancelled As EU Plans Emergency 'No Deal' Summit https://www.zerohedge.com/news/2018-...e-draft-brexit

Quoting tomiko
Disliked
what gone up too high, gonna drop even harder
Ignored
wonder how hard the drop's gonna be 🙈🙉🙊
  • Post #27
  • Quote
  • Oct 14, 2018 3:06pm Oct 14, 2018 3:06pm
  •  tomiko
  • Joined Jul 2011 | Status: Watching you! | 301 Comments
and here's a little sneak peek..

@DeItaOne: $GBPUSD https://twitter.com/DeItaOne/status/...620033/photo/1
  • Post #28
  • Quote
  • Oct 14, 2018 4:17pm Oct 14, 2018 4:17pm
  •  Lamplighter
  • | Joined Sep 2017 | Status: Member | 921 Comments
Quoting tomiko
Disliked
and here's a little sneak peek.. @DeItaOne: $GBPUSD https://twitter.com/DeItaOne/status/...620033/photo/1
Ignored
... be careful what you wish for. Rumour tends to be sub-optimal in these situations. As the process has been split into two separate negotiations there is likely to be some fudge to get this first part over the line. EU wants Brexit 'bagged & tagged' so as not to get caught up with the Italian Job that has yet to be sorted out.
  • Post #29
  • Quote
  • Oct 14, 2018 6:13pm Oct 14, 2018 6:13pm
  •  tomiko
  • Joined Jul 2011 | Status: Watching you! | 301 Comments
Quoting Lamplighter
Disliked
{quote} ... be careful what you wish for. Rumour tends to be sub-optimal in these situations. As the process has been split into two separate negotiations there is likely to be some fudge to get this first part over the line. EU wants Brexit 'bagged & tagged' so as not to get caught up with the Italian Job that has yet to be sorted out.
Ignored
don't need to wish, just ride it all along.
remember last week they said the progress been 80-85%? and then boom, what happen now?
don't you get their jokes already?
  • Post #30
  • Quote
  • Oct 14, 2018 7:09pm Oct 14, 2018 7:09pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 7,158 Comments
Quoting tomiko
Disliked
{quote} don't need to wish, just ride it all along. remember last week they said the progress been 80-85%? and then boom, what happen now? don't you get their jokes already?
Ignored
It was 90% Friday 10 days ago.

It was awesome joke.

I was laughing all the way to Monday and "surpriseeeeeee" fall

Nothing new

Well Italian budget is new....Some FED....Usual lies from UK....

Green week all!!
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  • Post #31
  • Quote
  • Oct 15, 2018 4:04am Oct 15, 2018 4:04am
  •  tomiko
  • Joined Jul 2011 | Status: Watching you! | 301 Comments
Quoting Not-KPMG
Disliked
{quote} It was 90% Friday 10 days ago. It was awesome joke. I was laughing all the way to Monday and "surpriseeeeeee" fall Nothing new Well Italian budget is new....Some FED....Usual lies from UK.... Green week all!! {image}
Ignored
that's how they invent british jokes!
  • Post #32
  • Quote
  • Oct 15, 2018 4:58am Oct 15, 2018 4:58am
  •  nbfx
  • Joined Oct 2010 | Status: Member | 1,240 Comments
Barnier knows exactly what he's doing. He's deliberately insisting on something he knows May can not accept at all and has no chance of getting through parliament. It isn't really a negotiation, more like a one-sided set of demands/obstacles. That UK has a strong Remain faction in the corridors of Power only serves to strengthen his hand (and members of that faction do more damage than they could possibly fathom).

Bottom line is IF we end up leaving without some kind of deal in place (transition or otherwise), the sun will still rise in the east every day and things will change. They will have to. Those attempting to retain the status quo in all but name are deluded. That balloon escaped 2 years ago.

So Every-body and their Aunt is suggesting GBPUSD parity and Pound will crash and doom befall us all. And the more that popular opinion lines up along that premise, and the more that more and more money finds its way into the market to support those ideas, the more likely it becomes that the very thing (pound crashing) that everyone knows is going to happen is the one thing that will not, and all other possibilities remain on the table.

Boards like this are excellent barometers. As people salivate about huge potential riches from a single trade idea it provides a choice. Think as they do - join with what they do and more often than not end up getting crushed. OR use it a a barometer that (if) they are to get hammered on this scenario - what are the other possibilities (one might be able to pursue more successfully)?
  • Post #33
  • Quote
  • Oct 15, 2018 5:08am Oct 15, 2018 5:08am
  •  barkie
  • Joined Mar 2014 | Status: Member | 1,582 Comments
Quoting nbfx
Disliked
Barnier knows exactly what he's doing. He's deliberately insisting on something he knows May can not accept at all and has no chance of getting through parliament.
Ignored
I have a simple solution, why don't you stop colonizing Northern Ireland and give it back to Ireland and kick out these English DUP fossils. Colonizing other countries is so 18th century don't you think ?

Then nothing is in our way to get a deal (not that we need one btw).
  • Post #34
  • Quote
  • Edited at 5:57am Oct 15, 2018 5:16am | Edited at 5:57am
  •  nbfx
  • Joined Oct 2010 | Status: Member | 1,240 Comments
Quoting barkie
Disliked
{quote} I have a simple solution, why don't you stop colonizing Northern Ireland and give it back to Ireland and kick out these English DUP fossils. Colonizing other countries is so 18th century don't you think ? Then nothing is in our way to get a deal (not that we need one btw).
Ignored
Or we (UK) could simply not put up any hard border and if one does go up it is EIRE and EU that have done it...? (Thus showing EU in its true colours...?)

And the Orange Order (The protestant fossils of which you speak) originate from William of Orange who was Dutch!
  •  Guest
  • | IP X.XXX.109.55
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  • Story Stats
  • Posted: Oct 12, 2018 10:29am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 34  /  Views: 5,871
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