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Cable Update (GBPUSD)

  • #493,261
  • Sep 16, 2019 7:35am Sep 16, 2019 7:35am
Take care of impulsive move
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  • #493,262
  • Sep 16, 2019 7:35am Sep 16, 2019 7:35am
nothing yet achieved

juncker still waiting for backstop plan after johnson meeting
  • #493,263
  • Sep 16, 2019 7:38am Sep 16, 2019 7:38am
Quoting greengp
take care of impulsive move {image}
for my std gbp will move much faster to the the up or down. I regret volume
  • #493,264
  • Sep 16, 2019 7:38am Sep 16, 2019 7:38am
I am thinking that the retracement might be finished and price will start making its way back to 1.2500 soon.
  • #493,265
  • Sep 16, 2019 7:40am Sep 16, 2019 7:40am
Quoting Han2019
I am thinking that the retracement might be finished and price will start making its way back to 1.2500 soon.
yea if they come up with any sort of backstop agreement

but it looks like Johnson is just playing a brinkmanship game to last minute
  • #493,266
  • Sep 16, 2019 7:50am Sep 16, 2019 7:50am
we are stuck in this bitch for a few, so better get used to it.
low vola work in the box followed by a break out.
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  • #493,267
  • Sep 16, 2019 7:51am Sep 16, 2019 7:51am
until we get a breakout, buy low and sell high, that's all there is to it.
  • #493,268
  • Sep 16, 2019 7:55am Sep 16, 2019 7:55am
Quoting Han2019
{quote} Quite weird though, they haven't really said anything different than what has been said before, price spiked up, now it is back down, maybe it was a manipulation up or the initial reaction has died down now that they realize it is still the same tune, seems like BoJo will be issuing his statement soon, will see what happens
the EU didnt think its conception thru ...
its gonna break up.
UK is just leading the way, as they always have.

Europe has been rescued by the british MULTIPLE times.
\too bad they forgot.
in wondering about yourself, you forgot what you came here to be part of
  • #493,269
  • Sep 16, 2019 7:56am Sep 16, 2019 7:56am
Quoting MXT
{quote} yea if they come up with any sort of backstop agreement but it looks like Johnson is just playing a brinkmanship game to last minute
I really doubt UK had any concrete plans on the backstop that's acceptable to everyone, they couldn't find a solution for 3 years, doubt they have something now. Especially UK said earlier today that they will not seek extension on the implementation period, which means they got until Dec 2020 to conclude all further trade negotiations as well as implementations on all agreements with EU.

Feels like both side is keeping up an appearance while thinking how they can blame the other party for the eventual failure of Brexit
  • #493,270
  • Sep 16, 2019 7:56am Sep 16, 2019 7:56am
Two bits of news may be weighing down GBP:

1. Benn Act may be legally flawed and the government plans to go to the court to challenge it while the Parliament is suspended. More at https://waitingfortax.com/2019/09/15...-the-benn-act/.

2. Dominic Cummings in a recent meeting threatened that if the court rules against the government, it will simply suspend the Parliament a second time.
The trader IS the holy grail.
  • #493,271
  • Sep 16, 2019 8:08am Sep 16, 2019 8:08am
Quoting taru
Two bits of news may be weighing down GBP: 1. Benn Act may be legally flawed and the government plans to go to the court to challenge it while the Parliament is suspended. More at https://waitingfortax.com/2019/09/15...-the-benn-act/. 2. Dominic Cummings in a recent meeting threatened that if the court rules against the government, it will simply suspend the Parliament a second time.
Thanks for this highly interesting article, heard about the flaw, but didn't know what it was, now I have a better idea, for the Britain sake, I hope he doesn't go down that path...
  • #493,272
  • Sep 16, 2019 8:10am Sep 16, 2019 8:10am
Quoting BenWarburton
{quote} im in £1.4k today. Well played my friend, well played.
Hey Ben, what web browser do you use to trade with CMC?

According to support they recommend Chrome...
Don't Leave Money on the Table
  • #493,273
  • Sep 16, 2019 8:14am Sep 16, 2019 8:14am
Quoting Moty
Where is novk ? Today you can't compete with me . I hit the jackpot in the oil , i had a 250 $ per point there ,and because the of the Iranians, my position gain 1500 $ at the open at midnight. Also beside that i gained nearly 600 more on gu and the oil to close the gap ,totaly , i earned apx 2000 $ today The supplement is because my broker didn't include the gap profit in the morning, so I called him and everything is fine now. {image}

for sure oil will go up
  • #493,274
  • Sep 16, 2019 8:21am Sep 16, 2019 8:21am
EU CHART H1
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  • #493,275
  • Sep 16, 2019 8:21am Sep 16, 2019 8:21am
ok that's us. Dead until LO Tuesday. Catch up later, guys!
  • #493,276
  • Sep 16, 2019 8:23am Sep 16, 2019 8:23am
Quoting asgcorp
ok that's us. Dead until LO Tuesday. Catch up later, guys!
Cheers asqcorp...
Don't Leave Money on the Table
  • #493,277
  • Sep 16, 2019 8:38am Sep 16, 2019 8:38am
Doubt if we'll see any substantial move before FOMC on Wednesday.
The trader IS the holy grail.
  • #493,278
  • Sep 16, 2019 8:57am Sep 16, 2019 8:57am
Quoting greengp
EU CHART H1 {image}
WOW
  • #493,279
  • Sep 16, 2019 9:00am Sep 16, 2019 9:00am
Quoting greengp
{quote} WOW

SL IN BE
  • #493,280
  • Sep 16, 2019 9:06am Sep 16, 2019 9:06am
SELL EU
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