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Cable Update (GBPUSD)

  • #470,001
  • Nov 23, 2018 10:02am Nov 23, 2018 10:02am
Quoting Hickson
{quote} Interesting. Do you have some insights there you would like to share?
there are 2 stages. parliament approval is stage 2. stage 1 is this weekend's EU summit, where all 27 countries have to sign off on the deal. only once approved, then can May bring it up with her own parliament..

if stage 1 cant clear. stage 2 is pointless to discuss. thus crucial weekend given Spain hogging Gibraltar. gap down or up. depending on outcome. if gap up(EU approve exit bill), monday will be a gap filler because of stage 2 parliament uncertainty.
  • #470,002
  • Nov 23, 2018 10:03am Nov 23, 2018 10:03am
it cannot pass regardless you can see that ?

Quoting Bicarus
{quote} there are 2 stages. parliament approval is stage 2. stage 1 is this weekend's EU summit, where all 27 countries have to sign off on the deal. only once approved, then can May bring it up with her own parliament.. if stage 1 cant clear. stage 2 is pointless to discuss. thus crucial weekend given Spain hogging Gibraltar
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,003
  • Nov 23, 2018 10:05am Nov 23, 2018 10:05am
I DO NOT HAVE A MENTOR
MIGHT I THINK ON IT
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #470,004
  • Nov 23, 2018 10:08am Nov 23, 2018 10:08am
theres 80 + conservates that won't pass it
let alone every other party including DUP who are on strike as we speak

there's over 25 confirmed letters of no confidence

Quoting Bones
it cannot pass regardless you can see that ? {quote}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,005
  • Nov 23, 2018 10:09am Nov 23, 2018 10:09am
Mays deluded as is EU leaders
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,006
  • Nov 23, 2018 10:11am Nov 23, 2018 10:11am
Quoting Bones
it cannot pass regardless you can see that ? {quote}
honestly i do not care if it passes or not. im no analyst, just here to make money. all im saying is that with no liquidty except instituitionals for the weekend. expect a gap up or down depending on eu outcome. why go from A - C , when u can make money from A - B, B - C
  • #470,007
  • Nov 23, 2018 10:17am Nov 23, 2018 10:17am
it will probably pass the weekend
Spain cannot stop that at this point -its later Spain can veto it

Quoting Bicarus
{quote} honestly i do not care if it passes or not. im no analyst, just here to make money. all im saying is that with no liquidty except instituitionals for the weekend. expect a gap up or down depending on eu outcome. why go from A - C , when u can make money from A - B, B - C
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,008
  • Nov 23, 2018 1:16pm Nov 23, 2018 1:16pm
A punch back up to 3020 area, and I'll be shorting again.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GBPUSDDaily.png Size: 26 KB
Come with me if you want to live....
  • #470,009
  • Nov 23, 2018 1:35pm Nov 23, 2018 1:35pm
At this stage I think no deal is good for UK even people say that will kill pound currency. I think everybody is searching an excuse for invalidate brexit referendum. Really nobody though YES will leave, even brexit supporters. It was a non convenient "accident"
Try don't lose pants never...
  • #470,010
  • Nov 23, 2018 3:48pm Nov 23, 2018 3:48pm
Quoting Ill-b-back
A punch back up to 3020 area, and I'll be shorting again. {image} {image}
Short again sooner! Dalle, do it!
  • #470,011
  • Nov 23, 2018 3:58pm Nov 23, 2018 3:58pm
Ohh bmy God! Man, its umbelieved, the channel still intact..talked too mux about this; enough!
Attached Image (click to enlarge)
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  • #470,012
  • Nov 23, 2018 4:07pm Nov 23, 2018 4:07pm
The pair is trading lower ahead of EU summit, however the downside seems limited to 1.2800 level. All eyes on Brexit headlines, there are important issues still remain unsolved.
  • #470,013
  • Nov 23, 2018 4:17pm Nov 23, 2018 4:17pm
Quoting Bicarus
{quote} when will people learn? majority of retail trades have been offloaded. if anyone did short. do close out position before ny close. EU summit over weekend everyone on floor has been instructed to do weekend proprietary trades = gap for sure.
Im sad i late see your post, one minute youre calling idiots bulls, now shortimlng is not good idea? Too late..
  • #470,014
  • Nov 23, 2018 4:20pm Nov 23, 2018 4:20pm
I've come to the conclusion it won't break support now till dec ,
so prob pass summit, I'm not holding this time but look to sell later
the 5 week will complete as bear on my weekly hand drawn,
next week =No 5 ,I'm looking forward to seeing how it prints

but regardless that Doji cross did a super job considering the previous 5 weeks as strong up
the weight of the bear is very heavy right now
not so easy to see lower TF

Quoting Ill-b-back
A punch back up to 3020 area, and I'll be shorting again. {image} {image}
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,015
  • Nov 23, 2018 5:45pm Nov 23, 2018 5:45pm
Quoting Bicarus
only an idiot will be buying now. it gonna retrace yesterday's gains. not because of technical or fundementals. its simply unloading of orders. many counterparties were closed yesterday due to thanksgiving. thus many orders were booked inhouse hence the massive upswing over no market moving news.. today being a full working day, those booked orders have to be unloaded to negate risk. simply put, retail traders were the ones "moving" the market up yesterday, today the instituitions are taking back control. everyone is working overtime to unload their...
hai mate..
since yesterday i keep thinking about what your post mate..warning danger to others friends here is good jobs mate but your early words is not good for others traders mate..we shoulds respects other traders opinion too..that why every brokers give us 2 choice..’buy’ or ‘sell’..
i don’t want to argue or anythings but just want we all respects to each others and make money..
sorry if what i say is wrong..cheers️
just for a cup of coffee...
  • #470,016
  • Nov 24, 2018 12:49am Nov 24, 2018 12:49am
GJ and GU to be bought only on Monday. ( Monday only )

Appropriate levels, I can not write here as I will not be most probably trading on Monday. I am traveling.
Intraday only.
  • #470,017
  • Nov 24, 2018 2:17am Nov 24, 2018 2:17am
EU still has to break below 1.1322. buying could be between 1.1280/1.1321. I don´t expect a slaughter on Sunday except for these 40 pips range. GU seems to be moving ahead of EU so maybe start going up. Shouldn´t be drastically in my opinion.
POSTMASTER
  • #470,018
  • Nov 24, 2018 3:50am Nov 24, 2018 3:50am
Quoting Bones
I've come to the conclusion it won't break support now till dec , so prob pass summit, I'm not holding this time but look to sell later the 5 week will complete as bear on my weekly hand drawn, next week =No 5 ,I'm looking forward to seeing how it prints but regardless that Doji cross did a super job considering the previous 5 weeks as strong up the weight of the bear is very heavy right now not so easy to see lower TF {quote}
I'm interested in seeing what the yearly chart (2018 candle) looks like. A bearish set up for 2019 I would imagine.
Come with me if you want to live....
  • #470,019
  • Nov 24, 2018 4:24am Nov 24, 2018 4:24am
Hi Z ,
do you not respect what Hussin did for us ?
whats the pattern before it close here

It's not possible to change it
he taught this by describing the daily mid way
say it would change from dark cloud to hangman to dark cloud, but after one point it can not be changed in all probability

he was better than any book I've ever seen because he was real
in real time trader, see it with you're own eyes as to be right


Quoting Zircon
I DO NOT HAVE A MENTOR MIGHT I THINK ON IT
Attached Image (click to enlarge)
Click to Enlarge Name: 22 GBPUSD-Weekly.png Size: 33 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #470,020
  • Nov 24, 2018 4:30am Nov 24, 2018 4:30am
im taking any short signal on h12 and following an easy fundamental story in my eyes closely
normally I wouldn't put that much effort to the fundamental story only monitor
On-site guru & also FF member's' psychiatrist, when not drinking tea
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