Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#473,641
Jan 15, 2019 3:02pm Jan 15, 2019 3:02pm

todamoon
| Joined Oct 2015 | Status: Trader | 122 Posts

This strong up movement is because no Brexit at all (at least then this movement makes sense).

#473,642
Jan 15, 2019 3:04pm Jan 15, 2019 3:04pm

geektrader
| Commercial User | Joined Jul 2010 | 930 Posts

Quoting Steamroller

Disliked

Why would the UK have closed borders if it is out of the EU? wouldn't it be free to set it's own policies to complement it's industrial strategy?

Ignored

No, the EU will close borders to the UK, blocking thousands of trucks that the UK needs to get their people some food and other wares.

No Brexit at all? Haha, who believes THAT?! After May might need to leave tomorrow (or soon), this country will be completely right-wing-ruled and the EU is not going to make deals with those guys, so a hard Brexit will come, that´s for sure. Mark my words.

#473,643
Jan 15, 2019 5:36pm Jan 15, 2019 5:36pm

Neil0163
Joined Jul 2017 | Status: Active member | 1,655 Posts

Quoting todamoon

Disliked

This strong up movement is because no Brexit at all (at least then this movement makes sense).

Ignored

The strong up move is because of banks trapping traders to make money in a foreign exchange market. News is simply an excuse to drive a price into a direction in which banks favour. Has nothing to do with outcome of news (yes lots of traders will hate me for this) I caught the down move for 250 pips from the top based on price action and how price is manipulated, the same technique could have caught the low for the move back up.
Notice how price moved down to last weeks low and completely reversed. Like it nor forex markets are manipulated. In order for someone to buy some one has to sell......

#473,644
Jan 15, 2019 9:56pm Jan 15, 2019 9:56pm

WhipKream
| Joined Nov 2018 | Status: Trader | 416 Posts

Neil0163,

Been stuck at 1.2790 for almost a week. I almost caught it, took a nap, then came back and it moved up, I knew I should have just set TP at 1.2700. Will continue to be patient though and turn this trade back around hopefully.

#473,645
Jan 15, 2019 10:24pm Jan 15, 2019 10:24pm

tatianah
Joined Sep 2015 | Status: Sniper Mode | 408 Posts

just bought
≧◠‿◠≦✌

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#473,646
Jan 15, 2019 10:35pm Jan 15, 2019 10:35pm

blaze1
| Joined Jul 2018 | Status: Trader | 213 Posts

Quoting tatianah

Disliked

just bought ≧◠‿◠≦✌ {image}

Ignored

Ur tp?

#473,647
Jan 16, 2019 3:15am Jan 16, 2019 3:15am

thatguy22
| Commercial User | Joined Feb 2015 | 492 Posts

Anyone with a link to the speech pls? Thank you

#473,648
Jan 16, 2019 3:20am Jan 16, 2019 3:20am

john0415
| Membership Revoked | Joined Apr 2017 | 173 Posts

Pussy british are aiming for no Brexit.
They have no pride,they are just pusses.

#473,649
Jan 16, 2019 3:25am Jan 16, 2019 3:25am

tatianah
Joined Sep 2015 | Status: Sniper Mode | 408 Posts

Quoting blaze1

Disliked

{quote} Ur tp?

Ignored

already near

#473,650
Jan 16, 2019 3:26am Jan 16, 2019 3:26am

Neil0163
Joined Jul 2017 | Status: Active member | 1,655 Posts

Sell

#473,651
Jan 16, 2019 4:05am Jan 16, 2019 4:05am

TheMayorE
| Joined Feb 2018 | Status: Plan the trade, then trade the plan | 23 Posts

Quoting thatguy22

Disliked

Anyone with a link to the speech pls? Thank you

Ignored

Saw this late but hope it helps

Inserted Video

In trading,you got 3 options, Be bullish,bearish, or stay out

#473,652
Jan 16, 2019 4:06am Jan 16, 2019 4:06am

squidster85
| Joined Feb 2018 | Status: Trader | 113 Posts

Attached Image

dynamic support formed last night.

#473,653
Jan 16, 2019 4:54am Jan 16, 2019 4:54am

Prisha
| Membership Revoked | Joined Mar 2016 | 431 Posts

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Guys, a key resistance line has been broken. As long as the price remains above this trend line, we expect a possible rise towards 1.3132

#473,654
Jan 16, 2019 5:21am Jan 16, 2019 5:21am

kazachokings
| Joined May 2013 | Status: Trader | 499 Posts

Quoting Neil0163

Disliked

{quote} The strong up move is because of banks trapping traders to make money in a foreign exchange market. News is simply an excuse to drive a price into a direction in which banks favour. Has nothing to do with outcome of news (yes lots of traders will hate me for this) I caught the down move for 250 pips from the top based on price action and how price is manipulated, the same technique could have caught the low for the move back up. Notice how price moved down to last weeks low and completely reversed. Like it nor forex markets are manipulated....

Ignored

Yep, perhaps we need to see UK declaring War to see some short...