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Cable Update (GBPUSD)

  • #491,961
  • Sep 4, 2019 6:22am Sep 4, 2019 6:22am
Still the clock will work
  • #491,962
  • Sep 4, 2019 6:25am Sep 4, 2019 6:25am
knkie actually made a good call this morning and went only long

was not lucky with the timing maybe , but the call was good
  • #491,963
  • Sep 4, 2019 6:30am Sep 4, 2019 6:30am
Quoting Bones
you have to spell out how that helps Scots, their finance doesn't add up at all for independence let me know what you mean on your deficit comment {quote}
I don't think you understand the first thing about national accounting. What do you mean finances don't add up for independence? Do you mean that Scottish sectoral balances wouldn't sum to zero like every other country?

Maybe have a look at what happened in the UK when your old pal John Major tried to peg the pound to the DM. Have a think about how stupid that was and how every country is different. Think about the effect of spending over taxation has on a net exporter as opposed to net importer. Think about what happens to the private sector if the other two sectors are in deficit.

Put simply as may be necessary - a countries finances add up. That's what accounting is. The effects of a countries spending/debt/interest rates leads to changes in future prices/exchange rates and this effects how the finances add up the follow year.

The idea that you can foresee the finances of an indpendent Scotland when you can't see why the referendum on Brexit came to be is utterly preposterous.
Hypocrite lecteur, mon semblable, mon frere!
  • #491,964
  • Sep 4, 2019 6:33am Sep 4, 2019 6:33am
Quoting MXT
knkie actually made a good call this morning and went only long was not lucky with the timing maybe , but the call was good
the timing was great; it took right off.
My target was shit.
I exited @ 45 pips when i could have taken out at least 60.

its my weakest point: i switch between targets and trailing.
in wondering about yourself, you forgot what you came here to be part of
  • #491,965
  • Sep 4, 2019 6:34am Sep 4, 2019 6:34am
look at this 30 min chart.

As per theory everything happened now.

SHORT, SHORT.

STOP HIGH OF PREVIOUS CANDLE

TARGET MIDBAND
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Intraday only.
  • #491,966
  • Sep 4, 2019 6:34am Sep 4, 2019 6:34am
You won't
Just sidestep today basically. I'm biased for Short at 1.22, but I have my mind changed. It's in my prev posts
So no entry today

Quoting knkie
{quote} well ive yet to see a chart or trade from you... but i have hit my large targets today and now im just playing with the turn. Still no loss. what are you doing?
yakinaja.hajarblehh
  • #491,967
  • Sep 4, 2019 6:35am Sep 4, 2019 6:35am
Sharing my view!
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  • #491,968
  • Sep 4, 2019 6:37am Sep 4, 2019 6:37am
Scotland runs a deficit with Westminster,
IE all Scotlands income is short by 12 billion, which comes from Westminster, that's how I know they can't afford it


Quoting tinnitus
{quote} I don't think you understand the first thing about national accounting. What do you mean finances don't add up for independence? Do you mean that Scottish sectoral balances wouldn't sum to zero like every other country? Maybe have a look at what happened in the UK when your old pal John Major tried to peg the pound to the DM. Have a think about how stupid that was and how every country is different. Think about the effect of spending over taxation has on a net exporter as opposed to net importer. Think about what happens to the private sector...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,969
  • Sep 4, 2019 6:40am Sep 4, 2019 6:40am
Ill help you out how they made it work on the last ref


Quoting tinnitus
{quote} I don't think you understand the first thing about national accounting. What do you mean finances don't add up for independence? Do you mean that Scottish sectoral balances wouldn't sum to zero like every other country? Maybe have a look at what happened in the UK when your old pal John Major tried to peg the pound to the DM. Have a think about how stupid that was and how every country is different. Think about the effect of spending over taxation has on a net exporter as opposed to net importer. Think about what happens to the private sector...
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,970
  • Sep 4, 2019 6:42am Sep 4, 2019 6:42am
Quoting Bones
Keep laughing from the stable eurozone EU is a divide any problem by 500 million titanic You're going to be an overcomplicated guy who can make Scotlands finance work somehow and say remain won the EU elections {quote}
Are you trolling me? "say remain won the EU elections". What are you doing?

Then projecting about my opinions on the EU/EURO. I bet you've never even heard of the ERM.

I will certainly appear to be overtly complicated to you. You don't even bother using full stops.

Why don't you go away and read some Hayek and become a proper right-winger. Rather than a slaver.
Hypocrite lecteur, mon semblable, mon frere!
  • #491,971
  • Sep 4, 2019 6:42am Sep 4, 2019 6:42am
M1 timing
keep an eye on 2195
in wondering about yourself, you forgot what you came here to be part of
  • #491,972
  • Sep 4, 2019 6:43am Sep 4, 2019 6:43am
the scots need to pay over 2k each tax payer more
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,973
  • Sep 4, 2019 6:44am Sep 4, 2019 6:44am
Quoting Bones
Scotland runs a deficit with Westminster, IE all Scotlands income is short by 12 billion, which comes from Westminster, that's how I know they can't afford it {quote}
I know what a deficit is you buffoon. I'm witnessing one growing before my very eyes.

Is this your Minsky moment?
Hypocrite lecteur, mon semblable, mon frere!
  • #491,974
  • Sep 4, 2019 6:50am Sep 4, 2019 6:50am
Maybe you should say the answer to the deficit on independence

Quoting tinnitus
{quote} I know what a deficit is you buffoon. I'm witnessing one growing before my very eyes. Is this your Minsky moment?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,975
  • Sep 4, 2019 6:50am Sep 4, 2019 6:50am
just playing with the turn.
dont follow me.

Pending SELL 2193
in wondering about yourself, you forgot what you came here to be part of
  • #491,976
  • Sep 4, 2019 6:51am Sep 4, 2019 6:51am
Quoting Bones
Maybe you should say the answer to the deficit on independence {quote}
Is English your first language?
Hypocrite lecteur, mon semblable, mon frere!
  • #491,977
  • Sep 4, 2019 6:53am Sep 4, 2019 6:53am
is being a tit you're goal in life
answer the question scholar
Quoting tinnitus
{quote} Is English your first language?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,978
  • Sep 4, 2019 6:56am Sep 4, 2019 6:56am
I rest my case
overcomplicated
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #491,979
  • Edited 7:28am Sep 4, 2019 7:03am | Edited 7:28am
I HAVE EXITED ALL TRADES, AND CALLING IT A DAY, MY PEARLS OF WISDOM FOR THE NIGHT, IS THAT I BELIEVE WE COULD SEE PRICE ACTION RANGING IN A VERY TIGHT RANG FOR THE REST OF THE NIGHT, AND DURING THE ASIAN SESSION (if not sooner) THE PRICE ACTION MAY FALL TO THE 1.21747 AREA,
ONCE A WEAK RESISTANCE AREA, NOW POSSIBLE A WEAK SUPPORT, FROM THERE WE COULD SEE THE BULLISH RUN CONTINUE AND TEST THE 1.23097 AREA AT TOMMORMS LONDON SESSION,

"BUT I WILL NOT HOLD OVER NIGHT"
"GOOD NIGHT ALL FROM THE LAND OF OZZ"

ZZZZZZZZZZZZdid i forget to exit my trades ???. puck it zzzzzz
  • #491,980
  • Sep 4, 2019 7:03am Sep 4, 2019 7:03am
Quoting Bones
is being a tit you're goal in life answer the question scholar {quote}
I don't understand the question, scholar. Hence why I asked. I live in Luxembourg (cue your overreaction) and most non-native English speakers conduct their communications in a more legible manner than you.

I have already explained to you about 5 times why you are misunderstanding the "deficit". You've not read any of my posts, responding each time with half-arsed illiterate garbage.

You accuse of me saying things I never said then you wonder why I am being a "tit".

I am left-wing but I can chat with Thatcherites/etc. But they need to understand what government debt is, especially when the rapid expansion of it coincided with the rise of private pension funds.

Not just act like pricks responding to things people never said, and trying to start an argument about Scottish independence on a technicality they have no idea about, in response to a post that was explaining (correctly) why the Brexit referendum came to be (not why anyone won).

Let us stop littering this thread now. Especially as your litter is stinking.
Hypocrite lecteur, mon semblable, mon frere!
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