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  • #4,141
  • Dec 1, 2020 3:20pm Dec 1, 2020 3:20pm
Quoting bigiivan
Sell EU at 1,2060.
I agree with you, brother. I think you need to hold this deal a long time.
  • #4,142
  • Dec 1, 2020 4:40pm Dec 1, 2020 4:40pm
Quoting Seysin32
{quote} I agree with you, brother. I think you need to hold this deal a long time.
He is a tough guy. But we will see!
  • #4,143
  • Dec 2, 2020 3:00am Dec 2, 2020 3:00am
EUR/USD
SELL 2060, SL 2090, TP1 2035, TP2 2023.
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  • #4,144
  • Dec 2, 2020 4:07am Dec 2, 2020 4:07am
Quoting Seysin32
EUR/USD SELL 2060, SL 2090, TP1 2035, TP2 2023. {image}
Exactly at my level.
But I am wondering if it can goes below your TP2.
  • #4,145
  • Dec 2, 2020 4:10am Dec 2, 2020 4:10am
NZD/USD shows something promising. Touched top line of upward channel and bounce back from there, sell recent support at .7055. Be patient, tomorrow is another day.
  • #4,146
  • Dec 2, 2020 5:26am Dec 2, 2020 5:26am
Quoting bigiivan
{quote} Exactly at my level. But I am wondering if it can goes below your TP2.
Very good.
Let's see, what comes out of this.
Here are two views of the situation:
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  • #4,147
  • Dec 2, 2020 5:54am Dec 2, 2020 5:54am
Quoting Seysin32
{quote} Very good. Let's see, what comes out of this. Here are two views of the situation: {image}{image}
I think I will wait till DX going to 91,50-91,60 then I will put SL at BE and forget about it. I think DX has power to go even above 91,60.
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  • #4,148
  • Dec 2, 2020 6:57am Dec 2, 2020 6:57am
Quoting Seysin32
EUR/USD SELL 2060, SL 2090, TP1 2035, TP2 2023. {image}
Closed part at 2040 (+20p.)
Targets adjusted: TP2 2025, SL=BE.
  • #4,149
  • Edited 8:20am Dec 2, 2020 8:09am | Edited 8:20am
Sell again. (The previous was closed on the BE).
SELL 2073, SL mental, TP...
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  • #4,150
  • Dec 2, 2020 5:31pm Dec 2, 2020 5:31pm
EURGBP Buy 0.90580
GBPUSD Sell 1.33711

Brexit pessimism.

Quote
France is reported to have told EU Chief Brexit Negotiator that a Brexit deal risks being vetoed if he gives into UK demands.
- As a reminder, it was reported earlier that France and other hardline countries are pushing for a no-deal Brexit if Britain will not make concessions.

So if Barnier is giving in to the UK's demands, France threatens to be off the table.
And if Barnier persists on the EU demands (especially France's fishery demands), the UK is off the table.

  • #4,151
  • Dec 3, 2020 3:58am Dec 3, 2020 3:58am
Quoting mw108
EURGBP Buy 0.90580 GBPUSD Sell 1.33711 Brexit pessimism. {quote} So if Barnier is giving in to the UK's demands, France threatens to be off the table. And if Barnier persists on the EU demands (especially France's fishery demands), the UK is off the table.
No follow through from the market so far on the building negative tensions. Some more optimistic tones hitting the wires:

Quote
EU sources stated that work negotiations with the UK on the level playing field is not yet done but is in the final stages, according to Telegraph's Crisp.

Also Market is still optimistic that they will get a deal done in the next days, which is reasonable though, because both sides want a deal.

But the question is: Who gives in first and is making compromises? Johnson said the UK can prosper with or without a deal, UK dismissed the EU's fishery demands as "derisory", Merkel said they would like a deal, but not at all cost and France being cocky, especially about fishery.
  • #4,152
  • Dec 3, 2020 4:14am Dec 3, 2020 4:14am
Quoting mw108
{quote}Also Market is still optimistic that they will get a deal done in the next days, which is reasonable though, because both sides want a deal. But the question is: Who gives in first and is making compromises? Johnson said the UK can prosper with or without a deal, UK dismissed the EU's fishery demands as "derisory", Merkel said they would like a deal, but not at all cost and France being cocky, especially about fishery.
It all looks like paper confetti. When the firecracker goes off, it all crumbles. Only the smoke from the bang will remain.
  • #4,153
  • Dec 3, 2020 4:20am Dec 3, 2020 4:20am
Quoting Seysin32
Sell again. (The previous was closed on the BE). SELL 2073, SL mental, TP... {image}
I still hold it. Added from 2117. I compensate the unrealized loss by scalping.
  • #4,154
  • Dec 3, 2020 5:01am Dec 3, 2020 5:01am
Quoting mw108
EURGBP Buy 0.90580 GBPUSD Sell 1.33711
Added a position to EURGBP (Buy 0.90312) and GBPUSD (Sell 1.34165)

Quote
11:38 Dec 03 (GMT+1)
EU diplomat states that the same Brexit issues remain outstanding, "we are not there yet" on the level playing field, there are major gaps on fisheries, state aid solutions still not in a place EU can agree too, "we are millimeters away" from EU red lines.
Analysis 11:39 (GMT+1)
- Earlier, EU sources stated that work negotiations with the UK on the level playing field is not yet done but is in the final stages, according to Telegraph's Crisp
- This comes after Irish Foreign Minister suggested final two issues remaining

Quote
11:53 Dec 03 (GMT+1)
Multiple EU sources this morning playing down the prospects of a Brexit deal today, but tomorrow is a possibility. Here are still 'quite substantial' gaps to be bridged, according The Sun's Gutteridge.

So they are trying to resolve the issues, which they couldn't agree on for months and where neither sides wants to budge, by tomorrow. I don't buy it.
  • #4,155
  • Dec 3, 2020 7:36am Dec 3, 2020 7:36am
Both GBPUSD positions got stopped out at 1.34618, -0.2% loss. USD weakness pushing GBPUSD higher, aswell as the market sentiment still pricing in a deal outcome.

EURGBP still running.

I'm still skeptical though. I doubt they come to an agreement on these key issues by tomorrow or over the weekend. An accidential (and temporary) "no-deal" outcome is still very much on the table. They made literally no progress and the narrative is still the same since weeks.
  • #4,156
  • Dec 3, 2020 8:04am Dec 3, 2020 8:04am
Closed the EURGBP positions aswell at 0,90219, -0,1% loss.

More Brexit optimism hitting the wires.

Quote
EU sources predict the “bulk of outstanding work” on Brexit deal could be done in next 24 hours but that fine-tuning could take a few more days, according to BBC's Adler.
- EU+UK negotiators will work late into the night tonight as they did last night
- EU sources say that even if/when the outline of a deal is there, there will most likely be a meeting between the PM and European Commission President Ursula von der Leyen.

EU member states could then veto the deal IF they’re unhappy

https://twitter.com/BBCkatyaadler/st...96102687666177

Don't want to enforce my bias.

EURGBP Sell @ 0.90216
GBPUSD Buy @ 1.34669
  • #4,157
  • Dec 3, 2020 3:31pm Dec 3, 2020 3:31pm
CADJPY Trading opportunity.
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Oracle Fund Manager 2 Return This Year: na
  • #4,158
  • Dec 3, 2020 3:44pm Dec 3, 2020 3:44pm
Quoting mw108
EURGBP Sell @ 0.90216 GBPUSD Buy @ 1.34669
Closed with little profit, or actually more B/E. Overstayed my welcome. Haven't been on the screen / listening to the Squawk. Brexit tones soured in the afternoon again, which caused a significant pullback.

Quote
15:16 Dec 03 (GMT+1)
There is still a way to go in Brexit discussions but both sides are committed to getting a deal, according to a member of EU Chief Brexit Negotiator Barnier's team.
- Cannot say there will be a deal in the end
- Significant divergences remain

Quote
19:47 Dec 03 (GMT+1)
"Sounds like Brexit talks have gone worse this afternoon... A senior govt source says ‘at the eleventh hour, the EU is bringing new elements into the negotiation. A breakthrough is still possible in the next few days but that prospect is receding.’" BBC
https://twitter.com/bbclaurak/status...69799066718209

And then mixed with some positivity aswell:

Quote
18:15 Dec 03 (GMT+1)
EU sources suggest progress on fishing rights, according to Sky.
EU sources suggest progress on fishing rights, based around this idea: UK fishermen get notably increased quota of stocks that are sold to UK customers; and EU boats keep similar quotas for fish (like herring, mackerel) that are loved in the EU but rarely eaten in the UK

Quote
20:15 Dec 03 (GMT+1)
EU sources says Brexit negotiations are continuing, nothing expected on Thursday but there could be something on Friday/weekend; latest for a deal is Monday morning; says it is up to the UK, according to The Guardian.
https://twitter.com/lisaocarroll/sta...76228863528962

Really difficult to pick a side at the moment with all the noise.

Will be off the screen tomorrow aswell. So I think I just stay flat, unless there is something significant on the wires tonight.
  • #4,159
  • Dec 4, 2020 12:56pm Dec 4, 2020 12:56pm
GBPAUD Trade
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Oracle Fund Manager 2 Return This Year: na
  • #4,160
  • Dec 6, 2020 11:28am Dec 6, 2020 11:28am
MAC good stock I think it will fly
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Oracle Fund Manager 2 Return This Year: na
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