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Cable Update (GBPUSD)

  • #499,001
  • Oct 17, 2019 2:08pm Oct 17, 2019 2:08pm
Quoting Brixton
Anyone on this thread straddling options on GBP crosses? Im thinking the weekend spread is going to be massive.
IV crush will kill all the upside.
  • #499,002
  • Oct 17, 2019 2:11pm Oct 17, 2019 2:11pm
Inserted Video


guaranteed , just like the vote result on saturday
  • #499,003
  • Oct 17, 2019 2:28pm Oct 17, 2019 2:28pm
Quoting navk
{quote} Nothing can be said until Monday. Let us wait.
fortunately, GBPUSD is not the only pair you can trade in FX.
Applying risk ON/OFF for the next week can produce some nice setups elsewhere.
just saying.
  • #499,004
  • Oct 17, 2019 2:30pm Oct 17, 2019 2:30pm
Quoting asgcorp
{quote} even if it doesn't, rejection won't be a Black Swan event, like some are predicting (1000 points limit down @ open). Cause extension is looming, and as you say, shit will drag on forever.
Agreed, i'm still fairly new to trading, and want to be of an unbiased position...but I always seem to lean more towards being a bear, any advice on that?
  • #499,005
  • Oct 17, 2019 2:30pm Oct 17, 2019 2:30pm
Quoting asgcorp
{quote} fortunately, GBPUSD is not the only pair you can trade in FX. Applying risk ON/OFF for the next week can produce some nice setups elsewhere. just saying.

AUD/USD FOR ONE, EASY PEASY
  • #499,006
  • Oct 17, 2019 2:53pm Oct 17, 2019 2:53pm
Quoting knkie
{quote} lol sorry i did not realise we were on opposite sides. Im out -6 on this one.
-3 lol
Blogging daily now at www.volume.zone
  • #499,007
  • Oct 17, 2019 2:55pm Oct 17, 2019 2:55pm
Quoting Moty
daily candle is going to close with a long wick up {image}

You heard it here first 1.2 😂😂

oh no thats robys line
Blogging daily now at www.volume.zone
  • #499,008
  • Oct 17, 2019 2:56pm Oct 17, 2019 2:56pm
Quoting Novice321
{quote} what if only the sell positions are held?

What is brexit news is good ?

Either way its dangerous
Blogging daily now at www.volume.zone
  • #499,009
  • Oct 17, 2019 2:57pm Oct 17, 2019 2:57pm
Quoting asgcorp
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...
roby might be another 1000 underwater by Monday 😂 And still will be calling 1.2 .. its a good joke and keeps me amused
Blogging daily now at www.volume.zone
  • #499,010
  • Oct 17, 2019 2:57pm Oct 17, 2019 2:57pm
Quoting asgcorp
anyone else noticed. Roby pulled off a magic disappearance act. {image}
😂😂😂😂 rofl
Blogging daily now at www.volume.zone
  • #499,011
  • Oct 17, 2019 2:59pm Oct 17, 2019 2:59pm
Quoting Ra.
{quote} IMO, deal will never happen. EU lets UK do this, AND Britain goes on to regain economic strength, then the rest of the bread winners in the EU will topple like dominoes. It's in their best interest for Brexit to not happen. They're just dragging it on to make a show of it. Another popular vote will be taken and I guarantee you, people will vote remain...

They dragged it on fo move gbp had down and make gaziilions .. now they will dodeal to move gbpusd to make Gazzilions .. politics news and making money all go hand in hand ...
Blogging daily now at www.volume.zone
  • #499,012
  • Oct 17, 2019 3:00pm Oct 17, 2019 3:00pm
Quoting Ra.
{quote} Agreed, i'm still fairly new to trading, and want to be of an unbiased position...but I always seem to lean more towards being a bear, any advice on that?
short selling is ok. however, you don't look to short sell when an epic short squeeze is in progress.
so far GU is up 5% MTD. And still 80-90% retail net SHORT.

So to cause more pain it might keep pushing higher, and bring EURUSD along with it for a ride.

If you really want to short sell something, maybe check out USDCHF.
  • #499,013
  • Oct 17, 2019 3:00pm Oct 17, 2019 3:00pm
Quoting asgcorp
{quote} not sure this is happening today. M3. {image}
3 min is doing what myexwoves did to me .. screwed my mind up lol
Blogging daily now at www.volume.zone
  • #499,014
  • Oct 17, 2019 3:01pm Oct 17, 2019 3:01pm
FF 90% short GBPUSD, gives you an idea.
Attached Image
  • #499,015
  • Oct 17, 2019 3:04pm Oct 17, 2019 3:04pm
EU daily wants 1.1200. So, maybe GU wants >1.3100.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
  • #499,016
  • Oct 17, 2019 3:05pm Oct 17, 2019 3:05pm
Stellar 4 days, just on 100% gain in 4 days, loving trading now but February this year when I last traded things were a disaster.
Often you see/hear stories of traders who blow account after account( way more than I ever lost ) then go on to become the best traders, so there's hope for anyone no matter what your losses have been in the past

Also this forum has just about tripled numbers since earlier this year
Don't Leave Money on the Table
  • #499,017
  • Oct 17, 2019 3:09pm Oct 17, 2019 3:09pm
Quoting asgcorp
FF 90% short GBPUSD, gives you an idea. {image}
Thanks for the insight Asgcorp. I’ve been using Oanda for my positions but my another source would be better.

Update: Nevermind, I found one; Forex CentraldDOTnet
  • #499,018
  • Oct 17, 2019 3:10pm Oct 17, 2019 3:10pm
Quoting HaLBot
Also this forum has just about tripled numbers since earlier this year
this forum ? this cable thread you mean
  • #499,019
  • Oct 17, 2019 3:12pm Oct 17, 2019 3:12pm
Quoting MXT
{quote} this forum ? this cable thread you mean
Being picky heh
Yes this thread, it's 7am here in the land of OZ, up most of the night but stoked
Don't Leave Money on the Table
  • #499,020
  • Oct 17, 2019 3:17pm Oct 17, 2019 3:17pm
Quoting HaLBot
{quote} Being picky heh Yes this thread, it's 7am here in the land of OZ, up most of the night but stoked
haha , not picky just curious as to whether you had any secret FF Alexa web traffic data kind of stuff ahahahh

so you pulled an all nighter naughty boy
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