Do your homework, follow the footprints of smart money
Cable Update (GBPUSD)
- #488,743
- Aug 8, 2019 10:47am Aug 8, 2019 10:47am
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
{quote} Short . I uploaded this chart yesterday and went long gu , just not smart. Listen everybody , i am not going to fight every one that insult me , i just press the button ignore I love posting , sometimes i right , sometimes i wrong , if anyone don't want to see my posts , just ignore me . Dx d1 {image}
... you can also ignore them moty.
- #488,745
- Aug 8, 2019 10:52am Aug 8, 2019 10:52am
- Joined Mar 2018 | Status: Trader | 1,529 Posts
Hmm, why my bull became green?
- #488,747
- Aug 8, 2019 11:04am Aug 8, 2019 11:04am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #488,749
- Aug 8, 2019 11:34am Aug 8, 2019 11:34am
- Joined Mar 2018 | Status: Trader | 1,529 Posts
My bull became green. 
- #488,750
- Aug 8, 2019 11:37am Aug 8, 2019 11:37am
- Joined Oct 2010 | Status: Trader | 21,478 Posts
Intraday only.
- #488,752
- Aug 8, 2019 11:40am Aug 8, 2019 11:40am
- | Joined Oct 2013 | Status: Long term Analyst | 1,198 Posts
Never follow/blame others,Patience is the key skill for Succesfull trading.
- #488,753
- Edited 1:03pm Aug 8, 2019 11:40am | Edited 1:03pm
- Joined Apr 2019 | Status: Trader | 5,796 Posts
Don't trade what you think. Just what you see!!!
- #488,754
- Aug 8, 2019 11:47am Aug 8, 2019 11:47am
- Joined Jan 2019 | Status: "Ideas stimulate the mind" | 4,203 Posts
- #488,756
- Edited Aug 9, 2019 3:04am Aug 8, 2019 12:08pm | Edited Aug 9, 2019 3:04am
- | Membership Revoked | Joined May 2015 | 2,903 Posts
- #488,757
- Aug 8, 2019 1:29pm Aug 8, 2019 1:29pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
UK GDP • Friday 9.8.2019.
While the UK economy managed relatively strong growth in Q1, the economy could experience a notable slowdown in Q2.
The strength in Q1 was likely a result of activity being brought forward ahead of the original March 29 Brexit deadline. Now that the deadline has been extended to October, it is doubtful the economy will be as strong in Q2.
Over the past three months, leading indicators of economic activity have started to soften, with industrial production underperforming against consensus forecasts, while manufacturing production contracted 4.2% month-over-month in April and missed expectations in May.
With Boris Johnson now the Prime Minister, there is also an increased likelihood that the UK will leave the EU without a Brexit deal. In the event a no-deal Brexit materializes, I would expect a significant downturn in economic activity and expect the UK to fall into a severe recession, which could lead the Bank of England to start cutting policy rates.
Previous: 0.5%
Consensus: 0.0% (Quarter-over-Quarter)
If you want to see more event previews you can find them in the High Impact Events Trading thread.
While the UK economy managed relatively strong growth in Q1, the economy could experience a notable slowdown in Q2.
The strength in Q1 was likely a result of activity being brought forward ahead of the original March 29 Brexit deadline. Now that the deadline has been extended to October, it is doubtful the economy will be as strong in Q2.
Over the past three months, leading indicators of economic activity have started to soften, with industrial production underperforming against consensus forecasts, while manufacturing production contracted 4.2% month-over-month in April and missed expectations in May.
With Boris Johnson now the Prime Minister, there is also an increased likelihood that the UK will leave the EU without a Brexit deal. In the event a no-deal Brexit materializes, I would expect a significant downturn in economic activity and expect the UK to fall into a severe recession, which could lead the Bank of England to start cutting policy rates.
Previous: 0.5%
Consensus: 0.0% (Quarter-over-Quarter)
If you want to see more event previews you can find them in the High Impact Events Trading thread.
Through the light of enlightenment, darkness unveils the path of truth.
- #488,760
- Aug 8, 2019 2:33pm Aug 8, 2019 2:33pm
- Joined Jul 2017 | Status: Active member | 1,655 Posts
