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Cable Update (GBPUSD)

  • #496,801
  • Oct 9, 2019 3:37am Oct 9, 2019 3:37am
Quoting asgcorp
steak will be served EOD. {image}

wow....looks great!!
enjoy your meal!!!
  • #496,802
  • Oct 9, 2019 3:40am Oct 9, 2019 3:40am
Quoting Han2019
{quote} Ye most likely, but 2 reputable news sources within 2 weeks, that is a bit unexpected. But ye after a second news manipulation, makes me think shorts is probably the play here.
yea , nonetheless there is some element of truth in that otherwise the DUP would not have felt obliged to deny any such compromise

could also be that officially EU is denying any further negotiation , while underground their holding private meetings they don 't want the press to know

the times is not the last of the tabloids and would surprise me that they would be willing to spoil their reputation in order for a few funds to trade

plus this leaked deal , it ' s the same old deal that was leaked before , so it could be that they 're hiding their cards till the last minute
  • #496,803
  • Oct 9, 2019 3:42am Oct 9, 2019 3:42am
News is such bull I don't even waste my time with it price will go where it's intending to go news release or not, you look when news is released and price moves there's always a technical aspect as to why the market went there and how it got there whether that be fibbonaci ratios chart patterns retest of key areas. There's always a technical reason. You know why that is because news is used as an excuse for banks to fill there orders.

Back test this you'll see it. Even when Brexit was first announced you can see the double top on the low timeframes before price dived. Yet everyone said it was due to Brexit yet before the release the double top manipulation was already there before it collapsed.
  • #496,804
  • Oct 9, 2019 3:50am Oct 9, 2019 3:50am
Quoting asgcorp
steak will be served EOD. {image}
made it double for me
just for a cup of coffee...
  • #496,805
  • Oct 9, 2019 3:52am Oct 9, 2019 3:52am
Quoting asgcorp
steak will be served EOD. {image}
bull steak i presume



edit : haha me and Akim posting the same thought the same minute
  • #496,806
  • Oct 9, 2019 3:54am Oct 9, 2019 3:54am
Quoting Neil0163
News is such bull I don't even waste my time with it price will go where it's intending to go news release or not, you look when news is released and price moves there's always a technical aspect as to why the market went there and how it got there whether that be fibbonaci ratios chart patterns retest of key areas. There's always a technical reason. You know why that is because news is used as an excuse for banks to fill there orders. Back test this you'll see it. Even when Brexit was first announced you can see the double top on the low timeframes...
you are absolute right.
that's why i am a tech-trader
  • #496,807
  • Oct 9, 2019 3:56am Oct 9, 2019 3:56am
I think 1.22 is melting like butter
  • #496,808
  • Oct 9, 2019 4:05am Oct 9, 2019 4:05am
or this will making pattern? 1.220-1.228
  • #496,809
  • Oct 9, 2019 4:15am Oct 9, 2019 4:15am
Out +60
  • #496,810
  • Edited 4:38am Oct 9, 2019 4:24am | Edited 4:38am
Quoting knkie
{quote} Maybe N-Ireland should just join Ireland since they are all ireland and then UK can leave the EU and then thats that. Let Scotland joint Ireland in a Union if they want to stay in the EU so badly.
the whole political balance of the UK is at stake , that ' s why this process looks like and endless game

if ever NI would join Ireland , there would be no UK anymore , then Scotland might be tempted to hold a new independence referendum , Wales might be tempted too

it was a bad blunder for UK politicians to hold this brexit referendum , since they had not planned they would lose and had not planned an Irish solution

there is just no Irish solution . plain and simple , however you slice it

that ' s why the only workable deal , it ' s the one which is floating unofficially now , already leaked before

a " Kick - the - can - down - the - road " solution , ie there would be a temporary deal now leaving to the DUP and NI the onus by 2025 to reimpose customs and border between the 2 Irelands
  • #496,811
  • Oct 9, 2019 4:27am Oct 9, 2019 4:27am
Quoting thevisitor
I think 1.22 is melting like butter
  • #496,812
  • Oct 9, 2019 4:28am Oct 9, 2019 4:28am
Quoting thevisitor
Out +60

reentry sell may be higher or lower
  • #496,813
  • Oct 9, 2019 4:41am Oct 9, 2019 4:41am
Long 2225 tp 1 2280 tp 2 2325
  • #496,814
  • Oct 9, 2019 4:43am Oct 9, 2019 4:43am
im not touching this pair until clear direction is re-established.
Right now its smack in the middle.
in wondering about yourself, you forgot what you came here to be part of
  • #496,815
  • Oct 9, 2019 4:46am Oct 9, 2019 4:46am
Quoting MXT
{quote} the whole political balance of the UK is at stake , that ' s why this process looks like and endless game if ever NI would join Ireland , there would be no UK anymore , then Scotland might be tempted to hold a new independence referendum , Wales might be tempted too it was a bad blunder for UK politicians to hold this brexit referendum , since they had not planned they would lose and had not planned an Irish solution there is just no Irish solution . plain and simple , however you slice it that ' s why the only workable deal , it ' s the...
i was kind of trolling a bit there mxt...
My serous answer would be:
I think the EU can not survive in the current form.
By next year it is entirely possible that France has Le Pen who is anti-euro.
Italy will drift further away.
The east block are becoming super-right-states that dont believe in the EU principles.

So if this is gonna break up, i wanna see a pilot case so we dont have to go thru the same thing when its time.
The UK is doing europe an enormous favor by going out first.
in wondering about yourself, you forgot what you came here to be part of
  • #496,816
  • Oct 9, 2019 4:50am Oct 9, 2019 4:50am
Quoting knkie
{quote} i was kind of trolling a bit there mxt... My serous answer would be: I think the EU can not survive in the current form. By next year it is entirely possible that France has Le Pen who is anti-euro. Italy will drift further away. The east block are becoming super-right-states that dont believe in the EU principles. So if this is gonna break up, i wanna see a pilot case so we dont have to go thru the same thing when its time. The UK is doing europe an enormous favor by going out first.
I voted remain but there is nothing left to remain in.
  • #496,817
  • Oct 9, 2019 4:55am Oct 9, 2019 4:55am
Too late for trade today To be or not to be
Attached Image (click to enlarge)
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  • #496,818
  • Oct 9, 2019 4:58am Oct 9, 2019 4:58am
In a tight spot
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 25 KB
Come with me if you want to live....
  • #496,819
  • Oct 9, 2019 4:58am Oct 9, 2019 4:58am
guys, what if this thing pops 300 pips to the upside, Cable is very sensitive to news atm, no technical analysis will help currently....
  • #496,820
  • Oct 9, 2019 5:02am Oct 9, 2019 5:02am
Quoting RazorFitch
guys, what if this thing pops 300 pips to the upside, Cable is very sensitive to news atm, no technical analysis will help currently....
TA should be able to keep you out of trades as well.
So in this case TA is helping me very much: im not trading this pair as it is right in the middle of the decision zone.
in wondering about yourself, you forgot what you came here to be part of
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