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Cable Update (GBPUSD)

  • #498,961
  • Oct 17, 2019 11:15am Oct 17, 2019 11:15am
Quoting Theoak
{quote} You know we think a like. I was bullish, but it did not put that HH on 5 min chart, going for a cheeky short. What do you think?
i think you know what you are doing !

but i might just go long here again
in wondering about yourself, you forgot what you came here to be part of
  • #498,962
  • Oct 17, 2019 11:16am Oct 17, 2019 11:16am
10 I think ,its not just that other MPs have to be added ,unknown =ERG

Quoting knkie
{quote} well how many are these DUPers actually? isnt it like 5 mps? surely if boris can flip juncker he can flip some socialists?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #498,963
  • Oct 17, 2019 11:17am Oct 17, 2019 11:17am
yes
long again 2847

BIG TARGET
in wondering about yourself, you forgot what you came here to be part of
  • #498,964
  • Oct 17, 2019 11:18am Oct 17, 2019 11:18am
Quoting Bones
10 I think ,its not just that other MPs have to be added ,unknown =ERG {quote}
ah yes.
i keep thinking al the tories will stick together and they only have to flip 10 labours but it might be more difficult than that lol
its up to them: if they dont they will be decimated in the elections.
in wondering about yourself, you forgot what you came here to be part of
  • #498,965
  • Oct 17, 2019 11:21am Oct 17, 2019 11:21am
Daily chart rsi&sto also overbought I add some short.
  • #498,966
  • Oct 17, 2019 11:21am Oct 17, 2019 11:21am
BoJo has approximately 259 votes , needs about 60 to pass the deal

it will also depend on abstentions , he could maybe fetch 70 votes , but that would be a stretch and not so likely

so if he only gets another say 50 , the deal won ' t pass

but as ever in parliamentary votes , it ' s very hard to tell how individual MPs will cast their votes
  • #498,967
  • Oct 17, 2019 11:27am Oct 17, 2019 11:27am
Quoting MXT
BoJo has approximately 259 votes , needs about 60 to pass the deal it will also depend on abstentions , he could maybe fetch 70 votes , but that would be a stretch and not so likely so if he only gets another say 50 , the deal won ' t pass but as ever in parliamentary votes , it ' s very hard to tell how individual MPs will cast their votes
is it a secret ballot or do they say aye ney
in wondering about yourself, you forgot what you came here to be part of
  • #498,968
  • Oct 17, 2019 11:32am Oct 17, 2019 11:32am
Quoting knkie
{quote} is it a secret ballot or do they say aye ney
bud ask Mr Bones for this , he ' s our in-house UK politics expert
  • #498,969
  • Oct 17, 2019 11:33am Oct 17, 2019 11:33am
Quoting Theoak
{quote} short in at 1.2839
well there's my 20 pip profit gone!!!!!
Don't trade what you think. Just what you see!!!
  • #498,970
  • Oct 17, 2019 11:33am Oct 17, 2019 11:33am
Quoting MXT
{quote} bud ask Mr Bones for this , he ' s our in-house UK politics expert
ok
i thought you were really into it lol
in wondering about yourself, you forgot what you came here to be part of
  • #498,971
  • Oct 17, 2019 11:38am Oct 17, 2019 11:38am
Attached Image (click to enlarge)
Click to Enlarge Name: 121EE6F7-6C37-41E2-B509-6FA07BDE9E2A.jpeg Size: 391 KB
it’s going to be dinner soon need to break soon that 2869 area
  • #498,972
  • Oct 17, 2019 11:43am Oct 17, 2019 11:43am
Quoting knkie
{quote} ok i thought you were really into it lol
it ' s a special parliamentary session , Parliament has sat only four times on Saturdays in the past 80 years , so i don't know whether any special rules will apply and how the sessions will take shape
  • #498,973
  • Oct 17, 2019 11:48am Oct 17, 2019 11:48am
PA should go back to 1.29 zone depend on how daily close that 4hrs bearish pin bar will take 50% retrace..thats why the up move is weaker now..
MY OPINION NOT FINANCIAL ADVISE
  • #498,974
  • Oct 17, 2019 11:50am Oct 17, 2019 11:50am
the top bull set up still running , lets see
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 30 KB
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #498,975
  • Oct 17, 2019 11:59am Oct 17, 2019 11:59am
Quoting malcolmb14
{quote} good advice .. another word of warning .... do NOT hold on the weekend . If GBPUSD gaps 500 pip your 50 pip stop will NOT be honured by your broker .. you will be stopped at the first opening price
what if only the sell positions are held?
  • #498,976
  • Oct 17, 2019 12:04pm Oct 17, 2019 12:04pm
going into weekend, definitely a no-no to hold any exposure in GBPUSD.
brokers already limiting leverage, that's a big red flag.
If you got any exposure I'd cut it on Friday.

Move might be massive.

I figure odds are stacked in bulls favor though.

The stakes are very high, as we are too close to the ultimate deadline now.
If Parliament votes a green light for the Deal, GU will fly. 3200-3400 is very very likely.

One of the reasons I think odds are stacked in bulls favor.
COT data, posted over weekend.
Hedge fund exposure on sell side is maxed out.
From here hedgies will be likely trimming exposure.

This in turn should result in further upside in GBPUSD over the following months.

Like I've already posted previously, we might be in the early days of the long-term bull market in GBPUSD.

Time will tell, let's see what we get!

PS: another reason why I think we hit 3200-3400 next few weeks - see attached. Already posted in here before.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 17 KB
  • #498,977
  • Oct 17, 2019 12:14pm Oct 17, 2019 12:14pm
all the GBP pairs are just sitting there now.
I think everyone is exausted lol

no more trades for me...
in wondering about yourself, you forgot what you came here to be part of
  • #498,978
  • Oct 17, 2019 12:32pm Oct 17, 2019 12:32pm
anyone else noticed. Roby pulled off a magic disappearance act.
Attached Image
  • #498,979
  • Oct 17, 2019 12:35pm Oct 17, 2019 12:35pm
Quoting asgcorp
anyone else noticed. Roby pulled off a magic disappearance act. {image}

magic men should be trading fx if they believe there magic is real.
MY OPINION NOT FINANCIAL ADVISE
  • #498,980
  • Oct 17, 2019 12:59pm Oct 17, 2019 12:59pm
Quoting asgcorp
anyone else noticed. Roby pulled off a magic disappearance act. {image}
must be his sine wave EA
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