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Cable Update (GBPUSD)

  • #549,321
  • Sep 21, 2020 8:47am Sep 21, 2020 8:47am
Quoting corongumet
im buy from @1.28470 SL: 1.28147 TP: 1.29100
stopped out.
  • #549,322
  • Sep 21, 2020 8:51am Sep 21, 2020 8:51am
Market should go up from here on out, its traveled down quite a bit with the US opening. Its already traveled 200 pis (high to low) for the day.
  • #549,323
  • Sep 21, 2020 8:53am Sep 21, 2020 8:53am
Quoting Almo2312
some 15min view {image}
also hourly view lets see what will happen
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Cheers and green to all
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #549,324
  • Sep 21, 2020 8:53am Sep 21, 2020 8:53am
Quoting VM.
{quote} We know exactly what will happen. Commons will vote for the bill, amending it so that Parliament has a bigger role if government decides to break the international law. See, for instance: https://www.bbc.co.uk/news/amp/uk-politics-54170397. Question is, whether EU would be satisfied with this. I don't see how this amendment changes anything from EU's perspective, as the threat to break Withdrawal Agreement is still there. It may (or may not) however be enough for EU to soften their stance a bit and allow more time before going...
I don't know what the Eu will do, they might decide to play hard, but the amendment to me seems a u-turn by Johnson. In every democracy the Parliament is sovereign and may vote a law that overrides an international treaty at any time, with all the consequences that this choice brings of course.

The fact that now this possibility will be written in a law is just a way for Johnson not to admit the defeat pretending the weapon is still armed. For me it's a completely different scenario by the Government having the power to do the same thing, but again this doesn't mean the EU will calm down.
  • #549,325
  • Sep 21, 2020 8:54am Sep 21, 2020 8:54am
Powell in 6 minutes. Letīs see if he can cause spikes. Iīd like to add to my short on GU.
Markets will move to the right.
  • #549,326
  • Sep 21, 2020 8:56am Sep 21, 2020 8:56am
This is a short in my book. If I wanted to go long, I would wait for S @ 1.2775 or 1.2650.
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  • #549,327
  • Sep 21, 2020 9:02am Sep 21, 2020 9:02am
Quoting L.m
{quote} I don't know what the Eu will do, they might decide to play hard, but the amendment to me seems a u-turn by Johnson. In every democracy the Parliament is sovereign and may vote a law that overrides an international treaty at any time, with all the consequences that this choice brings of course. The fact that now this possibility will be written in a law is just a way for Johnson not to admit the defeat pretending the weapon is still armed. For me it's a completely different scenario by the Government having the power to do the same thing,...
It's not a u turn ,if he wants the law he will get it .It's probably something he was always allowing to concede.
Even if you think this strengthens his hand the talks will go to the wire if you think logically,
that it's come to this already.Near term this is a bearish story, with other even more bearish possibilities.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,328
  • Sep 21, 2020 9:03am Sep 21, 2020 9:03am
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yes yes yes
  • #549,329
  • Sep 21, 2020 9:06am Sep 21, 2020 9:06am
Hey guys
Hope everyone good
i had a bad long in the morning
Now ima look to buy soon
UsdIX
15 M
Good trdes guys
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  • #549,330
  • Edited 9:26am Sep 21, 2020 9:11am | Edited 9:26am
Quoting L.m
{quote} I don't know what the Eu will do, they might decide to play hard, but the amendment to me seems a u-turn by Johnson. In every democracy the Parliament is sovereign and may vote a law that overrides an international treaty at any time, with all the consequences that this choice brings of course. The fact that now this possibility will be written in a law is just a way for Johnson not to admit the defeat pretending the weapon is still armed. For me it's a completely different scenario by the Government having the power to do the same thing,...
He has a large majority and the Lords can't stop parliament.The only thing is it will cost a lot of political capital ,domestically and internationally.
But he's still willing to put the law in motion says a lot.
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,331
  • Sep 21, 2020 9:11am Sep 21, 2020 9:11am
long now. stop 2811
Intraday only.
  • #549,332
  • Sep 21, 2020 9:20am Sep 21, 2020 9:20am
Quoting Georginson
For today only 1.2825/1.2835 should halt the fall For this week 1.2725 should halt the fall For this month 1.2680 should halt the fall. Today buy from 1.2838 is on for me then no target is set. I look forward to having a big buy this week at 1.2727 area if it ever gets there. Bulls will need some patience and modest money management.
you're idea to buy they velociraptor's as they die is risky ,like a little girl they can scratch and bite...
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,333
  • Sep 21, 2020 9:22am Sep 21, 2020 9:22am
Quoting Bones
{quote} He has a massive majority and the Lords can't stop parliament.The only thing is it will cost a lot of political capital ,domestically and internationally. But he's still willing to put the law in motion says a lot.
I know he has a vast majority and that's why I don't know what the EU will do, but from a political point of view there's a huge difference. He still wants the law because he went too far, he needs the weapon for he would lose any residual bargaining power without it.

No doubt that in the short term it's a bearish story.
  • #549,334
  • Sep 21, 2020 9:25am Sep 21, 2020 9:25am
Quoting Almo2312
i aim for about another 100 down so far weekly start is good Cheers {image}
turn to some more nicely gains
Attached Image


Cheers and very green week to all
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #549,335
  • Sep 21, 2020 9:27am Sep 21, 2020 9:27am
Quoting Bones
{quote} you're idea to buy they velociraptor's as they die is risky ,like a little girl they can scratch and bite... {image}
I space my entries well... Last week I had a short from 1.2950 and 1.3000 both gave over 120 pips each...

This week I'm long 1.2838 and second fat long awaits at 1.2727. My stake is very modest.
Data + Stat + Risk/Emotions Management
  • #549,336
  • Sep 21, 2020 9:28am Sep 21, 2020 9:28am
Quoting L.m
{quote} I know he has a vast majority and that's why I don't know what the EU will do, but from a political point of view there's a huge difference. He still wants the law because he went too far, he needs the weapon for he would lose any residual bargaining power without it. No doubt that in the short term it's a bearish story.
Yea I'm talking last minuet agreement ,eu style.
mid oct at least.
Their hardly turn round and say ok we give in, on the law outright ,rather the other way round.Right now were in an immediate downtrend ,with a bearish monthly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,337
  • Sep 21, 2020 9:34am Sep 21, 2020 9:34am
short 1.28441/1.27997
  • #549,338
  • Sep 21, 2020 9:37am Sep 21, 2020 9:37am
Quoting Georginson
{quote} I space my entries well... Last week I had a short from 1.2950 and 1.3000 both gave over 120 pips each... This week I'm long 1.2838 and second fat long awaits at 1.2727. My stake is very modest.
where you take most risk is if the weekly breaks down,
to buy ,when then you have a bearish daily you're in or tomorrow follow on ,weekly and current monthly
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #549,339
  • Sep 21, 2020 9:42am Sep 21, 2020 9:42am
Early Buyers maybe having a rethink after the sell confirmation at breakout of 28150.
Price in Stop Loss hunting areas and possibly looking for a short term pullback.
I have my buy limit at 1.27340
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Keep the Lights on then you can catch the rise from the dark.
  • #549,340
  • Sep 21, 2020 9:42am Sep 21, 2020 9:42am
Quoting Bones
{quote} where you take most risk is if the weekly breaks down, to buy ,when then you have a bearish daily you're in or tomorrow follow on ,weekly and current monthly
I factor in monthly into my trading then weekly comes next...

Lowest this month is 1.2670 area and I have strong equity to withstand 1.2370 area... So risk reward favours buying after 700/800 pips drop from yearly high.
Data + Stat + Risk/Emotions Management
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