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Cable Update (GBPUSD)

  • #473,061
  • Dec 31, 2018 11:26am Dec 31, 2018 11:26am
Quoting TheJoker
{quote} Getting ready for 2nd Jan's vote I believe.
Is that vote set for 2 JAN now? Thanks before.
  • #473,062
  • Dec 31, 2018 11:46am Dec 31, 2018 11:46am
Quoting edaytra
{quote}Is that vote set for 2 JAN now? Thanks before.
Tomorrow is a bank holiday, so no trading. Only a couple of hours left before trading opens on 2 jan, same day as the vote. I can only speculate that positions are already being taken at this point.
  • #473,063
  • Dec 31, 2018 12:04pm Dec 31, 2018 12:04pm
Quoting TheJoker
{quote} Tomorrow is a bank holiday, so no trading. Only a couple of hours left before trading opens on 2 jan, same day as the vote. I can only speculate that positions are already being taken at this point.
i know tomorrow no trading forex, but that vote i missed, thanks, i think that is the reason, yes, thanks
  • #473,064
  • Dec 31, 2018 1:43pm Dec 31, 2018 1:43pm
Quoting FXGambler10
{quote} Sharp enough? Sure, let's see the daily candle!
Yes lets, just over 2 hrs to go
Come with me if you want to live....
  • #473,065
  • Dec 31, 2018 1:58pm Dec 31, 2018 1:58pm
Quoting TheJoker
{quote} Getting ready for 2nd Jan's vote I believe.
There is no vote about Brexit on 2nd. What vote are you referring at?
  • #473,066
  • Dec 31, 2018 2:02pm Dec 31, 2018 2:02pm
Quoting edaytra
{quote}Hi, what is the news today about the drop? Thanks before...
Nothing I am aware about.

Today there was a good retracement. I guess it was a mix of positioning and re-positioning before the holidays in a thin market...
  • #473,067
  • Dec 31, 2018 2:07pm Dec 31, 2018 2:07pm
Quoting Ill-b-back
{quote} Yes lets, just over 2 hrs to go
Isn't the one forming on the monthly a reversal candle? Could we go up during the next 2 weeks?
  • #473,068
  • Dec 31, 2018 2:18pm Dec 31, 2018 2:18pm
Quoting Ill-b-back
{quote} back below 2732
Sorry, meant 2723
Come with me if you want to live....
  • #473,069
  • Dec 31, 2018 2:19pm Dec 31, 2018 2:19pm
Quoting FXGambler10
{quote} Isn't the one forming on the monthly a reversal candle? Could we go up during the next 2 weeks?
We could indeed.
Come with me if you want to live....
  • #473,070
  • Dec 31, 2018 2:31pm Dec 31, 2018 2:31pm
Quoting FXGambler10
{quote} There is no vote about Brexit on 2nd. What vote are you referring at?
"As it stands, MPs will return on 7 January after a two week Christmas recess, but the prime minister has already summoned her cabinet a week earlier on 2 January to discuss no-deal preparations."

https://www.independent.co.uk/news/u...-a8699596.html
  • #473,071
  • Dec 31, 2018 2:46pm Dec 31, 2018 2:46pm
Quoting TheJoker
{quote} "As it stands, MPs will return on 7 January after a two week Christmas recess, but the prime minister has already summoned her cabinet a week earlier on 2 January to discuss no-deal preparations." https://www.independent.co.uk/news/u...-a8699596.html
Yes they will come back on the 2nd to discuss and prepare for the vote, and for no-deal preparation....still the vote is supposed to be on the 14th. Maybe with the pressure from all other parties will be pushed earlier. Still it has not been confirmed and I guess it is impossible to be held on 2nd.

I may be wrong. We will see.
  • #473,072
  • Dec 31, 2018 3:17pm Dec 31, 2018 3:17pm
Quoting FXGambler10
{quote} Yes they will come back on the 2nd to discuss and prepare for the vote, and for no-deal preparation....still the vote is supposed to be on the 14th. Maybe with the pressure from all other parties will be pushed earlier. Still it has not been confirmed and I guess it is impossible to be held on 2nd. I may be wrong. We will see.
Preparing for the vote is effectively voting to some extend. Yes the actual vote is not the 2nd but on the 2nd we will know their current stance.
  • #473,073
  • Dec 31, 2018 3:20pm Dec 31, 2018 3:20pm
What do you foresee for the rest of the week? More long? Short?
  • #473,074
  • Dec 31, 2018 3:33pm Dec 31, 2018 3:33pm
Quoting FXGambler10
What do you foresee for the rest of the week? More long? Short?
Personally, shorting. Just waiting for a trigger event. There are two major things that I am hoping will push it into a solid down to ranging in 2400-2600 .
1) The US coming out of shutdown.
2) Any further hiccups in the brexit process, which I believe will come on the 2nd of jan.

Though that is just my opinion.
  • #473,075
  • Edited 8:40am Jan 1, 2019 8:26am | Edited 8:40am
Quoting fontu
{quote} OK will wait at 2474 and down 2360 as next level down then but 2798/12/38(should not though) possible before that!! And by this time be back from vacation also. {image}
Checking it first time in this new year, risky ranging to continue what doing before!!



Quoting TheJoker
{quote} Personally, shorting. Just waiting for a trigger event. There are two major things that I am hoping will push it into a solid down to ranging in 2400-2600 . 1) The US coming out of shutdown. 2) Any further hiccups in the brexit process, which I believe will come on the 2nd of jan. Though that is just my opinion.
Anything so near not aware of, may some test shock before the real next!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #473,076
  • Jan 1, 2019 1:51pm Jan 1, 2019 1:51pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-Yearly.png Size: 25 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473,077
  • Jan 1, 2019 3:01pm Jan 1, 2019 3:01pm
1.3208
POSTMASTER
  • #473,078
  • Edited 5:11pm Jan 1, 2019 4:19pm | Edited 5:11pm
Nice gap down below the TL
Close today below will confirm Monday's NYE spike

Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDWeekly.png Size: 20 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 24 KB
Click to Enlarge Name: GBPUSDDaily1.png Size: 21 KB
Click to Enlarge Name: GBPUSDH1.png Size: 19 KB
Come with me if you want to live....
  • #473,079
  • Jan 1, 2019 5:30pm Jan 1, 2019 5:30pm
Attached Image (click to enlarge)
Click to Enlarge Name: 2019-01-02_LI.jpg Size: 1.2 MB
POSTMASTER
  • #473,080
  • Jan 1, 2019 6:24pm Jan 1, 2019 6:24pm
Quoting Robinhood1
1.3208
1.3213
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