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Cable Update (GBPUSD)

  • #474,081
  • Jan 24, 2019 6:53pm Jan 24, 2019 6:53pm
Quoting MrPresident
{quote} I'm waiting for what will happen after May's Brexit Plan B is voted on to trade this pair if it gets rejected, then there will probably be a dump again for me to buy from a lower price https://www.telegraph.co.uk/politics...liament-vote1/

so between now and the 29th ..cable up?
  • #474,082
  • Jan 24, 2019 6:59pm Jan 24, 2019 6:59pm
Jeez, cable keeps climbing on rummors and bullshit huh.. Love the optimism on any news that comes out and everyone starts buying.. then, when plan B is rejected, everyone will be crying..
  • #474,083
  • Jan 24, 2019 7:03pm Jan 24, 2019 7:03pm
Quoting petehnm
{quote} so between now and the 29th ..cable up?
I re entered short and planning to keep it open untill 29th.. like i said before, I will be celebrating big time when this crap crashes, with or without me in the trend. Only regret I fell asleep and missed the 3120s area but that is fine, the 3110s is still good spot
  • #474,084
  • Jan 24, 2019 7:11pm Jan 24, 2019 7:11pm
Quoting Robinhood1
{quote} closed long. A fairly big retrace could be on its way
I see 1.2950 between now and Monday, then 1.2860 before or by January ending. Stay Green.
Data + Stat + Risk/Emotions Management
  • #474,085
  • Jan 24, 2019 7:18pm Jan 24, 2019 7:18pm
Quoting elbert3
{quote} {image} might be this
Yep, they agreed secretly during night time, because politicians dont sleep right.. . As someone said , undervalued pound, any not so bad news is amazing news
  • #474,086
  • Jan 24, 2019 7:49pm Jan 24, 2019 7:49pm
Quoting Georginson
{quote} I see 1.2950 between now and Monday, then 1.2860 before or by January ending. Stay Green.
could still make little highs but eventually will fall. this is why i dont use SL. To get the last price is difficult for me. As long as i am playing on the right side, at some point price will start running in my favour. Good Luck and Good night going to bed
POSTMASTER
  • #474,087
  • Jan 24, 2019 7:53pm Jan 24, 2019 7:53pm
Quoting kazachokings
{quote} As someone said , undervalued pound, any not so bad news is amazing news
I also didnt think that the pound would go up this much but maybe the market is sending the message that the Uk is better without the EU that the EU without the UK
  • #474,088
  • Jan 24, 2019 7:56pm Jan 24, 2019 7:56pm
Quoting kazachokings
Jeez, cable keeps climbing on rummors and bullshit huh.. Love the optimism on any news that comes out and everyone starts buying.. then, when plan B is rejected, everyone will be crying..
Buy the rumor sell the news is an old saying. I find it amazing how position traders are able to trade GBP with qll of tuese random news spikes.
6ix9ine - Bebe
  • #474,089
  • Jan 24, 2019 8:09pm Jan 24, 2019 8:09pm
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.jpg Size: 64 KB
to err is human
  • #474,090
  • Jan 24, 2019 8:46pm Jan 24, 2019 8:46pm
Just a song that came to mind thinking about the Pound shaking off Brexit/political dramas...

Inserted Video



Come with me if you want to live....
  • #474,091
  • Jan 24, 2019 9:10pm Jan 24, 2019 9:10pm
Quoting Robinhood1
{quote} could still make little highs but eventually will fall. this is why i dont use SL. To get the last price is difficult for me. As long as i am playing on the right side, at some point price will start running in my favour. Good Luck and Good night going to bed
yes, trading on the right side is important then opening trade accurately.
Intraday only.
  • #474,092
  • Edited 11:17pm Jan 24, 2019 10:36pm | Edited 11:17pm
This is most crazy! Respected 1.3000 limit and continue bull again against usdx bull also. Next target here goes to 3175,3222+/3297.limits down for up 3093 and 3056.
For bear will look signal breaks 3093,confirmation 3013.lets see.

Bull continued over 3093,now limit goes 3120/3056 for up. Signal for bear remain 3093!
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #474,093
  • Jan 24, 2019 11:23pm Jan 24, 2019 11:23pm
Quoting fontu
This is most crazy! Respected 1.3000 limit and continue bull again against usdx bull also. Next target here goes to 3175,3222+/3297.limits down for up 3093 and 3056. For bear will look signal breaks 3093,confirmation 3013.lets see. Bull continued over 3093,now limit goes 3120/3056 for up. Signal for bear remain 3093! {image} {image}
The market makers are trying so hard to squeeze the life out of the bears even though selling is the right thing to do. It will eventually crash from whatever high it makes by 262 - 350 pips, so I expect an aggressive drop to 1.2870 - 1.2780 in the next few days.
Data + Stat + Risk/Emotions Management
  • #474,094
  • Jan 24, 2019 11:44pm Jan 24, 2019 11:44pm
Quoting Ill-b-back
Just a song that came to mind thinking about the Pound shaking off Brexit/political dramas... https://youtu.be/zkHOVJINRD8

Yeahh.. going up going up .. target 1.3170
  • #474,095
  • Jan 24, 2019 11:45pm Jan 24, 2019 11:45pm
Let's look at the $ index for a minute and consider the possibilities.
Deception: watching the left hand while the right hand performs the "trick"
Attached Image
Come with me if you want to live....
  • #474,096
  • Jan 24, 2019 11:53pm Jan 24, 2019 11:53pm
Brexit is very much up in the air.
Anything can happen.
It's akin to nuclear war on a political/economic scale.

Will they "press the button" and accept May's deal which is horrible for the UK or do a "no deal" which will be incredibly painful (at least in the near-medium term).

or

Will they go for a 2nd referendum where the indications are that the initial Brexit vote will be "at least" seriously challenged, now there is more clarity on complexities and possible UK pain.

or

Will the EU give a little more (at the last minute), on their demands on an acceptable (non-negotiable) proposal.

At this point, to make presumptions on brexit outcomes and associated market moves is quite tricky to say the least.
Come with me if you want to live....
  • #474,097
  • Jan 25, 2019 12:00am Jan 25, 2019 12:00am
Quoting aswar
{quote} Yeahh.. going up going up .. target 1.3170
I have tech targets of 1.33-1.35.
But will look to collect at 1.3292 to be sure(ish)

I say (ish) because nothing is 100% certain, signed, sealed and delivered in this game.

nothing.

Whatever people like to say...
Come with me if you want to live....
  • #474,098
  • Edited 12:21am Jan 25, 2019 12:10am | Edited 12:21am
GU possible Max 1.31865 (if short there SL 1 pip + spread)
TP 1 = 1.29945
GL
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 34 KB
Self discipline It is a practice
  • #474,099
  • Jan 25, 2019 12:13am Jan 25, 2019 12:13am
G'day fellow traders from the land of OZ where it's been very hot....44 degrees celcius(111 Fahrenheit) here in Melbourne today

Looking forward to doing battle against those very sharp minds in prop firms and just remember in the short term DON'T be set on a particular direction, be flexible of mind....
Don't Leave Money on the Table
  • #474,100
  • Jan 25, 2019 12:13am Jan 25, 2019 12:13am
following candlestick reactions...

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 34 KB
Come with me if you want to live....
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