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Cable Update (GBPUSD)

  • #506,201
  • Dec 12, 2019 5:57pm Dec 12, 2019 5:57pm
A majority gives it a chance and it is a worry ,but that worry is much later
I say let Scotland go if that's what they want, I'm struggling to see the downside

Quoting Guztro
{quote} I'm worried about the EU exit timeline.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #506,202
  • Dec 12, 2019 5:58pm Dec 12, 2019 5:58pm
Is it too late to buy?
  • #506,203
  • Dec 12, 2019 5:59pm Dec 12, 2019 5:59pm
Quoting joyaxiam
{quote} Hope not! My broker Dukascopy's platform is out I can't login to my account for about 45 min. now. They are not contactable out of business hour.
Don't tell me you have short and didn't have SL. Or did you just want to jump in with the bulls?
  • #506,204
  • Dec 12, 2019 5:59pm Dec 12, 2019 5:59pm
The first results are inline with the exit poll
Labour % is down in line or more
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #506,205
  • Dec 12, 2019 6:03pm Dec 12, 2019 6:03pm
Quoting HumzahJ
Is it too late to buy?
i think it too fast to sell

still have power to push to 1.3790
  • #506,206
  • Dec 12, 2019 6:05pm Dec 12, 2019 6:05pm
Quoting sixth sense
{quote} Don't tell me you have short and didn't have SL. Or did you just want to jump in with the bulls?
Yes, I have the short and yes I wanted to jump in to the bulls, but right now can't do anything just on sideline. I don't have too much to worry as I have left plenty room (only risk 4%, last time I check at 1.35. ) for it to run.

I just don't believe this bojo clown is on cause. It might be another impeachment in the making in the UK. lol
  • #506,207
  • Dec 12, 2019 6:09pm Dec 12, 2019 6:09pm
Quoting Fx-gtg
Adding big long 1.2499.
Merry Christmas folks. Gbp was a bargain at 1.2
  • #506,208
  • Dec 12, 2019 6:12pm Dec 12, 2019 6:12pm
Quoting Techanalyst
{quote} If you are trading on a weekly, it looks like long term bullish. I have GBPUSD, GBPAUD, GBPNZD and GBPJPY all long positions opened and they are doing good so far. Trade safe.
Thanks Techanalyst.
  • #506,209
  • Dec 12, 2019 6:13pm Dec 12, 2019 6:13pm
Quoting Fx-gtg
{quote} Merry Christmas folks. Gbp was a bargain at 1.2
Nice trade. Merry Christmas to you, too.
  • #506,210
  • Dec 12, 2019 6:22pm Dec 12, 2019 6:22pm
so exit poll is rather proven to be correct. If so, is the market already priced out? Hoping for a miracle and 1.32xx area. :-)

I am in for a short here at 347, but little wary about this situation. I "believe" Corbyn is to decided and not quit during the early hours, but that could happen to. With that said, this should affect the price maybe as it will have influence on Brexit, to the better for Tories to get someone better to negotiate with.
  • #506,211
  • Dec 12, 2019 6:23pm Dec 12, 2019 6:23pm
Usd Indexs will be retrace from 127.2???
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  • #506,212
  • Dec 12, 2019 6:46pm Dec 12, 2019 6:46pm
Quoting joyaxiam
{quote} Yes, I have the short and yes I wanted to jump in to the bulls, but right now can't do anything just on sideline. I don't have too much to worry as I have left plenty room (only risk 4%, last time I check at 1.35. ) for it to run. I just don't believe this bojo clown is on cause. It might be another joyaxiam, impeachment in the making in the UK. lol
joyaxiam, I don't know if this medicine will work on BoJo Syndrome but a few of my liberal friends here in America told me it works wonders on their TDS...Just try maybe it helps you too. Note on the side: I don't care about politics and don't hold any views for or against one or other.
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Always trade your own plan...I don't provide trading signals.
  • #506,213
  • Dec 12, 2019 6:49pm Dec 12, 2019 6:49pm
Quoting krst8
so exit poll is rather proven to be correct. If so, is the market already priced out? Hoping for a miracle and 1.32xx area. :-) I am in for a short here at 347, but little wary about this situation. I "believe" Corbyn is to decided and not quit during the early hours, but that could happen to. With that said, this should affect the price maybe as it will have influence on Brexit, to the better for Tories to get someone better to negotiate with.
1.32? Whats gonna take it there?
  • #506,214
  • Dec 12, 2019 6:56pm Dec 12, 2019 6:56pm
i was sticking to my plan, stay out of the cable untill the result came out.......there's a tiny bit of regret not putting a buy.....LOL
  • #506,215
  • Dec 12, 2019 6:58pm Dec 12, 2019 6:58pm
Quoting stillbroke10
{quote} 1.32? Whats gonna take it there?
I agree rather highly unrealistic. First level maybe 3400.

As already heard during the evening, also by Tory, it is getting clear that UK will not leave EU anytime soon, if soon = next month. It is said now that it will go into administration for leaving. Lets say that mr Jonsson was not so clear about this in his campaign to the people (although everyone should have understood that).

So this brexit story could be dragging on until spring/summer atleast. And then comes the negotiation...
  • #506,216
  • Dec 12, 2019 7:19pm Dec 12, 2019 7:19pm
he's leaving for January ,clear as day policy
it's not done but that's a major step forward.

Quoting krst8
{quote} I agree rather highly unrealistic. First level maybe 3400. As already heard during the evening, also by Tory, it is getting clear that UK will not leave EU anytime soon, if soon = next month. It is said now that it will go into administration for leaving. Lets say that mr Jonsson was not so clear about this in his campaign to the people (although everyone should have understood that). So this brexit story could be dragging on until spring/summer atleast. And then comes the negotiation...
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #506,217
  • Dec 12, 2019 8:56pm Dec 12, 2019 8:56pm
overnight sleep for me, ha..oh..

I did not put up a buy limit.



I am now short 3485.. stop 3515.

50 to 60 pips, I am happy.
Intraday only.
  • #506,218
  • Dec 12, 2019 9:01pm Dec 12, 2019 9:01pm
now ready for short postion gbp
Sanaullah
  • #506,219
  • Dec 12, 2019 9:17pm Dec 12, 2019 9:17pm
Quoting ChiForex
{quote} This BS didn't have the guts to continue toward 1.33, hit shy before but back down now as expected. As long as you don't risk much of your account, even when market plays dirty like going more higher without retrace in previous days, it will go back to retrace on big time frames daily weekly monthly. 1.3050 might be low of day or for later even, although around 1.3030 is strong support but let's wait for elections results
"""1.3050 might be low of day or for later even"""

A gift for you guys who don't know how to trade on big time frames realising a big shift in market price action to the bullish side. Of course elections helped in the big boost upward, but there were strong basis for that from weeks before...
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart
  • #506,220
  • Dec 12, 2019 10:45pm Dec 12, 2019 10:45pm
Market get shape before the result itself with 3050 support last night, breaks up 3379 and so likely test tl up, 3758 +/3900 play running. Take care
Usdx intermediate sr failed with news effects too!
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Not understand?better not follow my analyses!doubt clearer first, risks ++
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