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Cable Update (GBPUSD)

  • #487,601
  • Jul 29, 2019 12:27pm Jul 29, 2019 12:27pm
Quoting DailyChart
Its better i am dark and ridiculous BUT Right rather than members who called and warn those members who keep short one You are more misleading and emotional now I GOT You ! Finish The Game
Ridiculous again...
you disgust me...

all the time playing joke treating me with a beginner ... and speaks of humility.
  • #487,602
  • Jul 29, 2019 12:29pm Jul 29, 2019 12:29pm
Quoting john-smith
{quote} but you don't have to lol
Here,

This is the Rules how to Play The Game

and John Smith show It

Like It or Hate It,I am try show you something positive in many ways and many times but your ego really high than himalayan mountain
so I have nothing to said anymore

Take care & Bye2
  • #487,603
  • Jul 29, 2019 12:30pm Jul 29, 2019 12:30pm
Quoting DailyChart
{quote} Here, This is the Rules how to Play The Game and John Smith show It Bye2
Go late..
  • #487,604
  • Jul 29, 2019 12:41pm Jul 29, 2019 12:41pm
Quoting Marcieny
{quote} Go late..
If you can't handle just some online members post then how can you handle the real life people around you ?

I know well that you will try find other excuses to cover your problem again

If you read carefully one by one of my post then you will know how i am truly care & luv you more than others and you will know i am not just teasing you like other guys did

I see positive potential inside your trading skill but you need remove some negative aspect first

But what i am doing everything will be wasted if you still keep your egos higher than himalayan mountain

Just treat this post as a joke and i am just want to have some fun here
  • #487,605
  • Jul 29, 2019 1:07pm Jul 29, 2019 1:07pm
5m
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yes yes yes
  • #487,606
  • Jul 29, 2019 1:09pm Jul 29, 2019 1:09pm
Attached Image (click to enlarge)
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  • #487,607
  • Edited 1:28pm Jul 29, 2019 1:14pm | Edited 1:28pm
Quoting DailyChart
{quote} If you can't handle just some online members post then how can you handle the real life people around you ? I know well that you will try find other excuses to cover your problem again If you read carefully one by one of my post then you will know how i am truly care & luv you more than others and you will know i am not just teasing you like other guys did I see positive potential inside your trading skill but you need remove some negative aspect first But what i am doing everything will be wasted if you still keep your egos higher than...
I prefer God, family, love, friends ... because without them I would not be so grateful or happy
if i couldn't sharing my joys with them ... Than trying to be someone obscure to achieve something.

keep in mind if you say that to me it's because I gave you the opportunity.

about online members ... I never, I don't mix with who I would never be.
  • #487,608
  • Jul 29, 2019 1:18pm Jul 29, 2019 1:18pm
GBPUSD set to challenge prev lows near 1.21/1.20. Here's a note by ING.

"With the new government rhetoric on the hard Brexit firming (Michael Gove’s comments that “no deal is now a very real prospect”) and the rising likelihood of early elections, sterling should remain under pressure and ahead towards EUR/GBP 0.95 / below USD/GBP 1.20 levels over the coming months if early elections materialize and the Conservative party under PM Johnson runs on a ticket of a divisive Brexit stance vs the EU," ING notes.

Also options players prefer downside now (institutional traders don't do much spot trading, most of the volume is in options and spreads).

Option traders are siding with spot traders on the direction for the pound in July and the 3-month risk reversals in GBP/USD indicate that option traders see more pain for the pound still to come ahead of the 31 October Brexit deadline.

The 3-month risk reversals have fallen sharply this month and are falling further in the new week as Boris Johnson's government continues to talk up a no-deal Brexit outcome.
  • #487,609
  • Jul 29, 2019 1:24pm Jul 29, 2019 1:24pm
here's the 9500 EURGBP on weekly price chart, this is the level from ING note.
Noteworthy - the clean breakout. Spells trouble.
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  • #487,610
  • Jul 29, 2019 1:30pm Jul 29, 2019 1:30pm
Hi Guys, I dare not sell at these levels. My monthly sup3 breached at 1.22606, a feat seldomly achieved in any currency and if any I would be looking for buy trades and I guess not any time soon. Is it going to be Gu at parity? I suppose not and BoJo will have to deliver. The pound is the weakest currency across the board. Multi year lows. The rebound could be spectacular. I wait and see.
Cheers
Trade to trade another day
  • #487,611
  • Jul 29, 2019 1:31pm Jul 29, 2019 1:31pm
Clean rejection @ YR PP on weekly. The real question is this going to bounce near YS1...
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  • #487,612
  • Jul 29, 2019 1:35pm Jul 29, 2019 1:35pm
what are you talking about? no rebound in sight. As reflected by the moves made in the options market by institutional players.

Those are still early days of the huge multi-tier move South.

Previous move on weekly shed 5000 points of the rate and saw it plunge by 30%.
Here's that move on the chart for reference.
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  • #487,613
  • Jul 29, 2019 1:37pm Jul 29, 2019 1:37pm
now if you project similar move fast forward today, you get a potential for GBP=USD (parity) move. on weekly.
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  • #487,614
  • Jul 29, 2019 1:42pm Jul 29, 2019 1:42pm
Quoting DailyChart
{quote} If you can't handle just some online members post then how can you handle the real life people around you ? I know well that you will try find other excuses to cover your problem again If you read carefully one by one of my post then you will know how i am truly care & luv you more than others and you will know i am not just teasing you like other guys did I see positive potential inside your trading skill but you need remove some negative aspect first But what i am doing everything will be wasted if you still keep your egos higher than...
something else ... you being aware that I don't mix with who I would never be ... please don't talk to me anymore... never more.
  • #487,615
  • Jul 29, 2019 1:43pm Jul 29, 2019 1:43pm
Pound could fall to parity vs. USD on hard Brexit concerns - Morgan Stanley.

"The pound has come under intense selling pressure since Prime Minister May withdrew from her party leadership position, leaving markets with increased concern that the UK may be heading towards a harder Brexit."

"Should this scenario materialize, pound-dollar could fall into the $1.00-$1.10 range."
"Markets have adjusted these probabilities sharply lower."
  • #487,616
  • Jul 29, 2019 1:47pm Jul 29, 2019 1:47pm
Quoting Marcieny
{quote} something else ... you being aware that I don't mix with who I would never be ... please don't talk to me anymore.
This is not Facebook/Tinder/Instagram, you are obviously in the wrong place for all that drama, lady.
Please post something useful related to trading GBPUSD, otherwise pretty much all your posts in this thread are SPAM and have zero value for the trading community.
  • #487,617
  • Jul 29, 2019 1:51pm Jul 29, 2019 1:51pm
Quoting asgcorp
{quote} This is not Facebook/Tinder/Instagram, you are obviously in the wrong place for all that drama, lady. Please post something useful related to trading GBPUSD, otherwise pretty much all your posts in this thread are SPAM and have zero value for the trading community.
ok iron grandpa...

Someone reports my account so I will never have access ... I thank you in advance.
  • #487,618
  • Jul 29, 2019 1:57pm Jul 29, 2019 1:57pm
Quoting asgcorp
what are you talking about? no rebound in sight. As reflected by the moves made in the options market by institutional players. Those are still early days of the huge multi-tier move South. Previous move on weekly shed 5000 points of the rate and saw it plunge by 30%. Here's that move on the chart for reference. {image}
Hi Asgcorp, you are a breakout trader as can clearly be seen from your calls at 1.2440. Congrats on that and something not seen in a very long time. I do hope that it can continue for you in time to come.
Contrarian traders will just have to wait.
Cheers.
Trade to trade another day
  • #487,619
  • Jul 29, 2019 2:03pm Jul 29, 2019 2:03pm
Trend is bearish in every tf.
Nothing to buy now.
Intraday only.
  • #487,620
  • Jul 29, 2019 2:15pm Jul 29, 2019 2:15pm
Quoting sgmf
the big picture shows 1.2 and I don't expect it will hold for long, may go for 0.9 (hard to believe now, no deal exit?), above 1.4 can change this view,
still valid, in the support zone now
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