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Cable Update (GBPUSD)

  • #499,421
  • Oct 19, 2019 1:30am Oct 19, 2019 1:30am
short sellers have 125 000 lots short in GBPUSD. Every 100 point move NORTH will wipe out 125 mln USD of equity.
EURUSD short sellers got 175 000 + lots short. Every 100 point move NORTH will wipe out 175 mln USD.
All in all a 100 point move NORTH in EU/GU will wipe out a combined 300+ mln USD.
And this could happen overnight and x2-x4 as well.
No wonder banks love this game!
  • #499,422
  • Oct 19, 2019 1:32am Oct 19, 2019 1:32am
Quoting Dingoman-two
{quote} The indecision of the Brexit is way to risky for me to hang onto over the weekend, so I am obversely out. I would rather hold onto what I have, and trade with other pairs such as AUD/USD--USD/JPY--USD/CAD--NZD/USD--GBP/CAD, Just to name a few my friend....
I agree it’s risky but was down a bit and I’m down I’m underwater a lot of Friday’s if I closed every Friday I’m underwater I’d lose a lot. But kind of wish I had just closed this trade for a loss before close yesterday
ex nihilo
  • #499,423
  • Oct 19, 2019 1:33am Oct 19, 2019 1:33am
Hey guys! What is the website to check premarket price
It is all about the foreign exchange market.
  • #499,424
  • Oct 19, 2019 1:35am Oct 19, 2019 1:35am
some of you guys are just way too stubborn.
I've put out a special message for my subs on holding GU into weekend.
Counter intuitive, yes, but sometime you just need to bang it into the head with a hammer.
https://www.tradingview.com/chart/GB...-INTO-WEEKEND/
  • #499,425
  • Oct 19, 2019 1:41am Oct 19, 2019 1:41am
Quoting Efelexy
Hey guys! What is the website to check premarket price
There really isn’t a place to check
ex nihilo
  • #499,426
  • Edited 4:10am Oct 19, 2019 3:01am | Edited 4:10am
I can tell you (dont know about news) but GB crossed stop sell weekly-channel weekly 1.32150 or mA200 1.31684- if its technically-not about news.Normally it will touch channel border but maybe more.i can tell you if it cross stop sell weekly(from history)-it can go 1.41040-its from history.only possibility.
  • #499,427
  • Oct 19, 2019 4:15am Oct 19, 2019 4:15am
Quoting asgcorp
some of you guys are just way too stubborn. I've put out a special message for my subs on holding GU into weekend. Counter intuitive, yes, but sometime you just need to bang it into the head with a hammer. https://www.tradingview.com/chart/GB...-INTO-WEEKEND/
I think some guys here are purely technical traders not taking into account fundamentals. My understanding is fundies set the direction then technicals take over. GBP had a way better than expected GDP print which then gave a good boost to the pound taking it above 2900 late in the session which I profited but set TP a bit to close to my entry. We had 6 attempts over 8 hours to take it out and with brexit vote looming was happy to take a smaller profit at 3am in the morning.
Great you posted the warning, I took it on board, but some guys are just in self destruct mode(as I have been in the past) and nothing you can do will change that, they live in pain until they have had enough of self torture. Then and only then do they start winning

https://www.forexlive.com/news/!/aud...k-gdp-20191018
Don't Leave Money on the Table
  • #499,428
  • Oct 19, 2019 4:15am Oct 19, 2019 4:15am
watch-out for dax on this levels for strong buy..
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #499,429
  • Oct 19, 2019 4:33am Oct 19, 2019 4:33am
Quoting HaLBot
Well he's made one good decision.. {image}
Attached Image (click to enlarge)
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really
  • #499,430
  • Oct 19, 2019 4:43am Oct 19, 2019 4:43am
Saturday, October 19
Corbyn slams deal as 'disaster for working people'
Main opposition Labour Party leader Jeremy Corbyn told parliament Johnson's deal risks jobs, rights, the environment and health service.
"This deal would be a disaster for working people," he said, adding it was "even worse" than the one it replaces, which was voted down three times.
"Voting for a deal today won't end Brexit. It won't deliver certainty and the people should have the final say," Corbyn said.
He had earlier reiterated that Labour MPs would vote against the revised withdrawal agreement in a post on Twitter.
Never follow/blame others,Patience is the key skill for Succesfull trading.
  • #499,431
  • Oct 19, 2019 4:49am Oct 19, 2019 4:49am
I think the price will depend heavily on the vote on Saturday. The price can go up highly or down highly.
  • #499,432
  • Oct 19, 2019 4:52am Oct 19, 2019 4:52am
Quoting elbert3
{quote} {image} really
Was talking about mrcraig ignoring people and not sajidhelp

From mrcraig's profile,
Attached Image
Don't Leave Money on the Table
  • #499,433
  • Oct 19, 2019 5:00am Oct 19, 2019 5:00am
Quoting donfriday
watch-out for dax on this levels for strong buy.. {image}

in the other view Long term view on Fibo says bearish ..
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #499,434
  • Oct 19, 2019 5:00am Oct 19, 2019 5:00am
Quoting HaLBot
{quote} Was talking about mrcraig ignoring people and not sajidhelp From mrcraig's profile, {image}
O yes sorry blame the hangover from a late night
  • #499,435
  • Oct 19, 2019 5:02am Oct 19, 2019 5:02am
Quoting elbert3
{quote} O yes sorry blame the hangover from a late night
Just a couple too many heh....
Don't Leave Money on the Table
  • #499,436
  • Oct 19, 2019 5:02am Oct 19, 2019 5:02am
Quoting HaLBot
{quote} Was talking about mrcraig ignoring people and not sajidhelp From mrcraig's profile, {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 5CFF28EB-D69A-4D60-9ED4-47870BCBC2A1.png Size: 483 KB
just as bad . There are good traders in there
  • #499,437
  • Oct 19, 2019 5:04am Oct 19, 2019 5:04am
Quoting elbert3
{quote} {image} just as bad . There are good traders in there
Yeah I know, we scratch our heads wondering why? Could make a good quid of many of the them guys posts...
Don't Leave Money on the Table
  • #499,438
  • Oct 19, 2019 5:06am Oct 19, 2019 5:06am
Quoting HaLBot
{quote} Just a couple too many heh....
No beer wild whiskey loljust watching parliament live . I might need some more .. but it’s scotch whiskey . We don’t want to leave them out . And just to be on all sides I will go buy some Irish whiskey later together with some nice welsh lamb chops .we have great things in Great Britain
  • #499,439
  • Oct 19, 2019 5:08am Oct 19, 2019 5:08am
Last 12 hours GBP/USD. Little move down yet.
Attached Image (click to enlarge)
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  • #499,440
  • Oct 19, 2019 5:11am Oct 19, 2019 5:11am
Quoting montygoldy
{quote} Already 600 down lol... spreads were like 10 pips... thanks to broker he closed 3 minutes earlier.... otherwise the trade could have been fucked without even going to the weekend lol......... {image}
Congrat monty, u'r the bravest man that i've ever seen
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