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General Trading Chat / Ideas

  • #11,841
  • Dec 12, 2019 8:50am Dec 12, 2019 8:50am
Quoting trendtraderr
What do you think about UK elections today? How it will affect the GBP? any idea how to trade it?
well u have to assume that a Tory win (with a majority) and the pound goes up.....hung parliament, or labour gets in, then down. But ur never really sure how the market reacts to this stuff
too many variables / scenarios so i wouldnt trade it
  • #11,842
  • Dec 12, 2019 8:53am Dec 12, 2019 8:53am
Quoting trendtraderr
What do you think about UK elections today? How it will affect the GBP? any idea how to trade it?
trade carefully I would say
i have a short on GU
Attached Image (click to enlarge)
Click to Enlarge Name: gbp 0404004.png Size: 152 KB
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  • #11,843
  • Dec 12, 2019 9:29am Dec 12, 2019 9:29am
shorted EU
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  • #11,844
  • Dec 12, 2019 9:32am Dec 12, 2019 9:32am
EU no stops cos im watching it will close manual
Attached Image (click to enlarge)
Click to Enlarge Name: a EU 222.png Size: 161 KB
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  • #11,845
  • Dec 12, 2019 9:40am Dec 12, 2019 9:40am
tp1 is 1.11250 then free if it works
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  • #11,846
  • Dec 12, 2019 9:45am Dec 12, 2019 9:45am
banked tp1
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  • #11,847
  • Dec 12, 2019 9:55am Dec 12, 2019 9:55am
Fear the harmonic boogieman
Attached Image (click to enlarge)
Click to Enlarge Name: A EU HARMONIC.png Size: 167 KB
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  • #11,848
  • Dec 12, 2019 9:59am Dec 12, 2019 9:59am
Fear eradicated new low so can swop fibs to ext and hopefully make some pip
Attached Image (click to enlarge)
Click to Enlarge Name: A eu no fear.png Size: 168 KB
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  • #11,849
  • Dec 12, 2019 10:03am Dec 12, 2019 10:03am
Banked a tp2 at 1272 and moved to a wide stop free position forget it now and see where it goes
Attached Image (click to enlarge)
Click to Enlarge Name: A EU TP2.png Size: 175 KB
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  • #11,850
  • Dec 12, 2019 10:42am Dec 12, 2019 10:42am
Quoting Bk55
Banked a tp2 at 1272 and moved to a wide stop free position forget it now and see where it goes {image}
lovely trade mate!
  • #11,851
  • Dec 12, 2019 10:43am Dec 12, 2019 10:43am
Quoting Jp1
{quote} lovely trade mate!
Thank you
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  • #11,852
  • Dec 12, 2019 11:49am Dec 12, 2019 11:49am
Quoting Jp1
{quote} well u have to assume that a Tory win (with a majority) and the pound goes up.....hung parliament, or labour gets in, then down. But ur never really sure how the market reacts to this stuff too many variables / scenarios so i wouldnt trade it
If Tory wins then GBP pairs should go down? thats what happened during Referendum? Just checking
  • #11,853
  • Dec 12, 2019 11:53am Dec 12, 2019 11:53am
Quoting rexfobi
{quote} If Tory wins then GBP pairs should go down? thats what happened during Referendum? Just checking
personally dont agree - markets like certainty and the Tories offer that, with getting brexit finished (supposedly). A win for labour and years more of uncertainty over brexit, not to mention many of their potentially damaging policies (to the city etc).....just my two pence though!

ps also referendum result very different to this
  • #11,854
  • Dec 12, 2019 12:04pm Dec 12, 2019 12:04pm
the only certainty is Tory mp leaders like to quite there term
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  • #11,855
  • Dec 12, 2019 12:06pm Dec 12, 2019 12:06pm
Quoting Bk55
the only certainty is Tory mp leaders like to quite there term
especially with the poisoned chalice that is brexit!
  • #11,856
  • Dec 12, 2019 12:07pm Dec 12, 2019 12:07pm
Oh i nearly forgot threaten fundamentals of democracy Boris
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  • #11,857
  • Dec 12, 2019 12:25pm Dec 12, 2019 12:25pm
next support GU 1.30100
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  • #11,858
  • Edited 9:23am Dec 14, 2019 9:12am | Edited 9:23am
Edge of the seat scalping account
EU 30min chart bellow.
Some support here waiting to see if the 30min 200sma gives it a push.
Im watching on 5min for bullish pattern breakouts from the grey area if it works out I will tp at 5min 200sma
Attached Image (click to enlarge)
Click to Enlarge Name: EU SCALP 30MIN 1111.png Size: 189 KB
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  • #11,859
  • Dec 15, 2019 3:56pm Dec 15, 2019 3:56pm
ding ding 5mins
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  • #11,860
  • Dec 16, 2019 10:59am Dec 16, 2019 10:59am
EA 15min chart
Attached Image (click to enlarge)
Click to Enlarge Name: EA 12311.png Size: 201 KB
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