It didn't pan out the way I thought it would but it got there in the end.
The GBP/USD Is definitely over shooting it's limits, someone big is play around with this. IMHO
So trade wisely folks,
Cable Update - Continued 102 replies
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Dislikedthe hard part of trading is before the fact trading , after the fact trading is so easy what would you do now ? would you go long , would you go short ? and if you go long where would you exit , where would be your stop ? so few traders on FF come and say : here , this is my entry with sl and tpIgnored
Disliked{quote} MXT, before any of us digest what implication the news will have on imminent PA, the market can be 20 pips away of our ideal entry or exit point, so personally I don't enter before the news although I am aware of it, if I am in the trade before release of the news two things can happen, either my stop loss or my target is hit quicker ...Ignored
Disliked{quote} same here bud , but i do keep an eye on developing news like now which could literally make cable explode during times like these new EU offering for a tailor-made Irish-only backstopIgnored
Disliked{quote} Hey man, do you have a link to the article? Only saw something about the new Irish EU agricultural commissioner was saying that the Taoiseach are willing to revisit the idea of a all Ireland agricultural zone for the backstop a few hours back.Ignored
Disliked{quote} sorry man i got no link , it 's coming from my news feed , but it will come out fairly soonIgnored
Disliked{quote} The only thing I see anywhere about the all Ireland backstop is this https://www.theguardian.com/politics...-politics-live, check under "New EU trade commissioner says he hopes 'penny dropping' in UK could lead to Brexit deal" which was around 2 hours back, don't think EU is offering a tailor made backstop, they are saying that they could revisit this idea which was shot down previously. There are already news which says DUP is not going to accept this...Ignored