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Cable Update (GBPUSD)

  • #505,941
  • Dec 11, 2019 7:45pm Dec 11, 2019 7:45pm
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yes yes yes
  • #505,942
  • Edited 10:47pm Dec 11, 2019 8:14pm | Edited 10:47pm
Checking usdx, tanked yesterday further to near bottom, and as it was an intermediate one so may try support there but may not hold for real strong .

wherase eurusd played well on intermediate sr while gbpusd on tertiary ones . lets see
now limit down for gbpusd 3190 for direct up try , otherwise may to bo towards 3150 for next try! too fast should be too prone to tank great be be next !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #505,943
  • Dec 11, 2019 8:43pm Dec 11, 2019 8:43pm
there is 3235/40. It may stop there for retrace.
Intraday only.
  • #505,944
  • Dec 11, 2019 8:57pm Dec 11, 2019 8:57pm
Yow fellow Cablers ~

Any idea how the election day will end ?
May be can someone from U.K. give me a number on the possibility,

Like... 40% cons win, or 40% labour win, or 40% hung ~
  • #505,945
  • Dec 11, 2019 9:52pm Dec 11, 2019 9:52pm
Two things you can look at. They should give you an idea of the expected results but anything can happen.

https://www.electoralcalculus.co.uk/polls.html
https://www.oddschecker.com/politics...ion/most-seats
  • #505,946
  • Dec 11, 2019 11:18pm Dec 11, 2019 11:18pm
Long in at 1.3215
Don't trade what you think. Just what you see!!!
  • #505,947
  • Dec 11, 2019 11:21pm Dec 11, 2019 11:21pm
morning
looks like more buys today

just my 2 cents: dont get hung up on a hung parliament scenario.
The bulls are gonna rally no matter what.
More than likely the media is just spinning a hung parliament to keep you glued.
In reality its gonna be a blow out.
in wondering about yourself, you forgot what you came here to be part of
  • #505,948
  • Dec 11, 2019 11:28pm Dec 11, 2019 11:28pm
Quoting knkie
morning looks like more buys today just my 2 cents: dont get hung up on a hung parliament scenario. The bulls are gonna rally no matter what. More than likely the media is just spinning a hung parliament to keep you glued. In reality its gonna be a blow out.
That's actually probably likely
Pip Goes The Weasel
  • #505,949
  • Dec 11, 2019 11:28pm Dec 11, 2019 11:28pm
Quoting stillbroke10
{quote} What are the chances of a hung parliament?
Obviously we won't know until polls are closed and a clear picture can emerge but I'm tipping a Boris victory because the British people realise a hung parliament or minority labour government will mean a whole lot more Brexit pain
Don't Leave Money on the Table
  • #505,950
  • Dec 11, 2019 11:32pm Dec 11, 2019 11:32pm
Quoting knkie
morning looks like more buys today https://cdn-resources.faireconomy.me....png?v=1.0.0.1 just my 2 cents: dont get hung up on a hung parliament scenario. The bulls are gonna rally no matter what. More than likely the media is just spinning a hung parliament to keep you glued. In reality its gonna be a blow out.
Really ??? on Tuesday night didnt you see a poll result put it down 80 pips in less than 30 mintues!?In my view Tory party will win with a thin majority and higher gbp/usd pricesbut if we have an hung parliament ,no doubt more than 300 pips down in one day
  • #505,951
  • Dec 11, 2019 11:32pm Dec 11, 2019 11:32pm
im in.
Buy 3221 for 15 pips
in wondering about yourself, you forgot what you came here to be part of
  • #505,952
  • Dec 11, 2019 11:34pm Dec 11, 2019 11:34pm
Quoting Arshamv
{quote} Really ??? on Tuesday night didnt you see a poll result put it down 80 pips in less than 30 mintues!?In my view Tory party will win with a thin majority and higher gbp/usd pricesbut if we have an hung parliament ,no doubt more than 300 pips down in one day
ah the polls.
Remember when the polls said clinton would win in a landslide ? lol

And:
polls can trigger a reaction, but price never lies.
value is always stronger than news.
You saw that happen: Price reacted to 1 poll, everyone went short, but then price showed its true value and continued upward.
in wondering about yourself, you forgot what you came here to be part of
  • #505,953
  • Dec 11, 2019 11:44pm Dec 11, 2019 11:44pm
win or die
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  • #505,954
  • Dec 11, 2019 11:44pm Dec 11, 2019 11:44pm
https://www.forexlive.com/news/!/uk-...e-off-20191212
Don't Leave Money on the Table
  • #505,955
  • Dec 11, 2019 11:49pm Dec 11, 2019 11:49pm
Quoting Nala66
{quote} Don't need to pay any attention to any news the charts are telling the story of direction and distance. Do you think for one minute the world cares two hoots about the British Elections or any other countries for that matter.
This is exactly what I mean. . .case in point.
Nil desperandum
  • #505,956
  • Dec 12, 2019 12:05am Dec 12, 2019 12:05am
Quoting moonrider
win or die {image}
Ur not alone mate
  • #505,957
  • Dec 12, 2019 12:08am Dec 12, 2019 12:08am
Quoting vincentprice
{quote} This is exactly what I mean. . .case in point.
But I do think the Banks use it as an excuse to capitalise.
Pip Goes The Weasel
  • #505,958
  • Dec 12, 2019 12:17am Dec 12, 2019 12:17am
Quoting knkie
morning looks like more buys today just my 2 cents: dont get hung up on a hung parliament scenario. The bulls are gonna rally no matter what. More than likely the media is just spinning a hung parliament to keep you glued. In reality its gonna be a blow out.
knkie, I wouldn't be so sure, the last poll suggests the Tories lead shrunk to just 5 points...it's closer than people think. I stick with my prediction of another hung parliament.
Charts don't drive price, market conditions drive price...
  • #505,959
  • Dec 12, 2019 12:17am Dec 12, 2019 12:17am
Quoting Tekin
{quote} start to add my shorts back {image}

turning to bad waiting 1.3240 stop
  • #505,960
  • Dec 12, 2019 12:18am Dec 12, 2019 12:18am
Quoting buddha-
going up and up ? omg

Think before you take the piss out of someone elses comment, whose laughing now
Follow The Markets Structure - Patience and Discipline
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