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Cable Update (GBPUSD)

  • #492,501
  • Sep 8, 2019 3:53pm Sep 8, 2019 3:53pm
Quoting MXT
{quote} hey bud , how do you know BennBill allows no deal brexit ? besides , it won 't become law until it gets royal assent
This was one of the 2 options listed in the Benn bill, by 19th Oct if the government 1) does not reach a deal, nor 2) gain parliament approval of a no deal brexit. Then the government will need to request an extension from EU.
  • #492,502
  • Sep 8, 2019 3:57pm Sep 8, 2019 3:57pm
Strong word from the UK telegraph, a big supporter of Boris Johnson (he's a columnist at the paper):

  1. Boris Johnson has drawn up plans to "sabotage" any Brexit extension without breaking the law, the Telegraph has learnt.
  2. It means Monday's vote on a general election is the "last chance" for MPs to block a no-deal Brexit, the Government believes.
  3. The Prime Minister's key advisers held a meeting on Sunday to thrash out a strategy to scupper Parliament's efforts to force a three-month Brexit extension if no new deal is agreed.

  • #492,503
  • Sep 8, 2019 4:09pm Sep 8, 2019 4:09pm
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  • #492,504
  • Sep 8, 2019 4:24pm Sep 8, 2019 4:24pm
So I guess Monday is gonna be a blockbuster for GU!!
  • #492,505
  • Sep 8, 2019 6:39pm Sep 8, 2019 6:39pm
My reading is potential bullish ,to break well it has to take the major pivot zone
assuming that open doesn't hold the day tomorrow
3 numbers for support
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #492,506
  • Sep 8, 2019 10:18pm Sep 8, 2019 10:18pm
Looking like pattern repeat? Remember its still 50/50.. cheers
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  • #492,507
  • Sep 8, 2019 10:48pm Sep 8, 2019 10:48pm
Attached Image (click to enlarge)
Click to Enlarge Name: GU h1.png Size: 44 KB
yes yes yes
  • #492,508
  • Edited 11:40pm Sep 8, 2019 10:59pm | Edited 11:40pm
The same, watching for signal 1.2257. Anyway breaks or not likely bounce over 1.2300/1.2324 to decide next, to top and as extension or retest signal for correction to /below 2207 and 2161.
So if breaks signal then bounce possible 2246.
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,509
  • Sep 8, 2019 11:10pm Sep 8, 2019 11:10pm
watching 2303 to 2327 during frankfurt/ London open
Intraday only.
  • #492,510
  • Sep 8, 2019 11:25pm Sep 8, 2019 11:25pm
today and tomorrow are important days. There is contraction, Bolinger squeeze.

I will move up or move down fast.
Intraday only.
  • #492,511
  • Sep 9, 2019 1:17am Sep 9, 2019 1:17am
Entered long
Attached Image (click to enlarge)
Click to Enlarge Name: New Doc 2019-09-09 09.14.44_1(2).jpg Size: 93 KB
yes yes yes
  • #492,512
  • Sep 9, 2019 1:17am Sep 9, 2019 1:17am
I would guess that there will be a move lower, i can't imagine todays GDP /manufacturing data to be any good. Could fall close to 1,2210 and then climb some back,
  • #492,513
  • Sep 9, 2019 1:20am Sep 9, 2019 1:20am
Why suddenly switch to Long?
Have your Short stacks covered?

Quoting Moty
Entered long {image}
yakinaja.hajarblehh
  • #492,514
  • Sep 9, 2019 1:42am Sep 9, 2019 1:42am
I still believe in short.
But also believes that the big boys will make fake breakup before that.
Beside of that, we are still in long Trend, the last move is obviously a retracement
yes yes yes
  • #492,515
  • Edited 2:04am Sep 9, 2019 1:50am | Edited 2:04am
Quoting modalyakin
Why suddenly switch to Long? Have your Short stacks covered? {quote}
may want to cash all pips . as broken 2257 , there is signal to further correction down perhaps with post London open towards 2207/2161 down but as it may retest 2300 + to have this leg probable . so from 2246 - 2300 + then return to 2261 not bad scalping initiative !! but this bull leg can be risky as it can now easily tends to test 2224/12 before bounce !! so safe range presently 2224 to 2296, little risky 2208 to 2320
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 40 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #492,516
  • Sep 9, 2019 2:11am Sep 9, 2019 2:11am
good morning
dont listen to conspiracy theories about fake breaks and crooks....

just follow the momentum. its there for any sane person to see:

SELL 2260
Target 35 pips
in wondering about yourself, you forgot what you came here to be part of
  • #492,517
  • Sep 9, 2019 2:12am Sep 9, 2019 2:12am
Nice, thank you
This pair is prone to even the slight news on Brexit

Quoting fontu
{quote} may want to cash all pips . as broken 2257 , there is signal to further correction down perhaps with post London open towards 2207/2161 down but as it may retest 2300 + to have this leg probable . so from 2246 - 2300 + then return to 2261 not bad scalping initiative !! but this bull leg can be risky as it can now easily tends to test 2224/12 before bounce !! so safe range presently 2224 to 2296, little risky 2208 to 2320 {image}
yakinaja.hajarblehh
  • #492,518
  • Sep 9, 2019 2:28am Sep 9, 2019 2:28am
Quoting Moty
Entered long {image}
good way to start the week moty.
right off the back a 40 pip loss.
even by your standards that was a terrible entry.
in wondering about yourself, you forgot what you came here to be part of
  • #492,519
  • Sep 9, 2019 2:33am Sep 9, 2019 2:33am
Questioning the same to him basically, hasty entry usually ends up in loss

Quoting knkie
{quote} good way to start the week moty. right off the back a 40 pip loss. even by your standards that was a terrible entry.
yakinaja.hajarblehh
  • #492,520
  • Sep 9, 2019 2:37am Sep 9, 2019 2:37am
Attached Image (click to enlarge)
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Up up and away
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yes yes yes
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