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Cable Update (GBPUSD)

  • #564,021
  • Edited 6:31am Dec 7, 2020 6:00am | Edited 6:31am
Flat,

140 Pips from Asia, (just what i got) and a Nice fall Friday Afternoon,
'Can't quite remember how many 'grabbed there, that Wave Garrick,
Others & myself were discussing. Prop's to Georginson,
Finally Getting the "Big Fall", finally coming to the beginning of
Fruition. 'Just didn't personally have the gall to keep those stinky shorts on over the Wk'd.

A Nice, 14% Account balance trade, w/Blinders on, Sawing Logs. Zzzzz
-A Very easy one, that us Pheasants, should all be very thankful for.

Let's see where she goes...
Oops- Nice Impulsive Break-Out Forming South again. -I was 'Triggered!
SOUTH Baby for More...
Attached Image (click to enlarge)
Click to Enlarge Name: 12_7_2020 Profited From the Brexit_Wave-5 FALL.png Size: 72 KB


Happy Pipping, 'All...
I will work to Objectively Identify my Edges
  • #564,022
  • Dec 7, 2020 6:03am Dec 7, 2020 6:03am
...1hr closes as bearish engulfing...will the 5min bearish hidden div at the current pullback hi see a with down-move follow thru to a new lo, or more upside p/back and possibly bearish hidden div on a higher t/f ?
---------------------------------------------

Finishing here as travelling later today - on hols now - be back trading again from 17th Dec for a few days on the run into Xmas. Good Luck all.
Trader with an Edge.
  • #564,023
  • Dec 7, 2020 6:08am Dec 7, 2020 6:08am
Quoting Headland
...1hr closes as bearish engulfing...will the 5min bearish hidden div at the current pullback hi see a with down-move follow thru to a new lo, or more upside p/back and possibly bearish hidden div on a higher t/f ? --------------------------------------------- Finishing here as travelling later today - on hols now - be back trading again from 17th Dec for a few days on the run into Xmas. Good Luck all.
Have a good one dude, enjoy the time off... Hope you're not bringing your Tier two'ness down to our tier one
Que Sera
  • #564,024
  • Dec 7, 2020 6:13am Dec 7, 2020 6:13am
Well,
'Looks like i got "Suckered" into that one...
Nice little run for Bulls, I'm out, take my toys.
'Little Retracement here of a Wave-B Possible from 'Fall.

And (Eventually), a good place to Short again somewhere.
Good luck Bulls, -for now.
Happy Pipping Gang
I will work to Objectively Identify my Edges
  • #564,025
  • Dec 7, 2020 6:24am Dec 7, 2020 6:24am
go bulls break up
then 1,3470 again
Make money by doing the opposite of Giveachance aka loser
  • #564,026
  • Dec 7, 2020 6:28am Dec 7, 2020 6:28am
Important:
"Call now scheduled - 4pm UK time, 5pm Brussels"
https://twitter.com/DanielFerrie/sta...18653343223808

Be very careful around this time and beyond.
Possible results of the call:
1) we continue talks;
2) no deal.

"Deal" is not a possible option.
  • #564,027
  • Dec 7, 2020 6:30am Dec 7, 2020 6:30am
Quoting VM.
Important: "Call now scheduled - 4pm UK time, 5pm Brussels" https://twitter.com/DanielFerrie/sta...18653343223808 Be very careful around this time and beyond. Possible results of the call: 1) we continue talks; 2) no deal. "Deal" is not a possible option.
it is always an option
Make money by doing the opposite of Giveachance aka loser
  • #564,028
  • Dec 7, 2020 6:31am Dec 7, 2020 6:31am
Quoting nessus94
{quote} it is always an option
Not today, no. Eventually -- maybe.
  • #564,029
  • Dec 7, 2020 6:31am Dec 7, 2020 6:31am
IMO, they will most likely extend the talks until the EU get what they want........UK to remain the EU zone.

If BREXIT does happen, it will be the collapse of the EU and the lizards in Brussels definitely don't want that to happen.
Lost....
  • #564,030
  • Dec 7, 2020 7:08am Dec 7, 2020 7:08am
Break is here
buying more
Make money by doing the opposite of Giveachance aka loser
  • #564,031
  • Dec 7, 2020 7:09am Dec 7, 2020 7:09am
Quoting gespiri
IMO, they will most likely extend the talks until the EU get what they want........UK to remain the EU zone. If BREXIT does happen, it will be the collapse of the EU and the lizards in Brussels definitely don't want that to happen.
It's not going to instantly tear the EU apart and the UK really do need the EU more than the other way around as far as, jobs, lives and daily on goings are concerned.

If the UK leave without a deal until a deal is made it will be the UK that really suffers and as such it will be the UK that has to accept whatever deal it is given.

If UK doesn't leave on the 31st of December Boris will be hung out to dry... there really are no decent options left for him he has made his own bed by lying and he will be shafted no matter the outcome.
Que Sera
  • #564,032
  • Dec 7, 2020 7:10am Dec 7, 2020 7:10am
Quoting nessus94
go bulls break up then 1,3470 again
1.30

SOLD again 1.3290

if touch 3325 you win
  • #564,033
  • Dec 7, 2020 7:11am Dec 7, 2020 7:11am
Quoting gespiri
IMO, they will most likely extend the talks until the EU get what they want........UK to remain the EU zone. If BREXIT does happen, it will be the collapse of the EU and the lizards in Brussels definitely don't want that to happen.
The UK will setup it's own club, Italy and Greece will leave and go back to their own currencies and perform a soft default. The Euro will soar ruining the German car industry leaving them unable to afford the French subsidies on farming or pension entitlements :-) The French peasants will then revolt and the whole set of cards will come tumbling down.
  • #564,034
  • Dec 7, 2020 7:14am Dec 7, 2020 7:14am
Quoting Lastaccount
{quote} 1.30 if touch 3325 you win
easy

and usd is back in red day

lets sell usd too
Make money by doing the opposite of Giveachance aka loser
  • #564,035
  • Dec 7, 2020 7:15am Dec 7, 2020 7:15am
Quoting nessus94
Break is here buying more
what break?
  • #564,036
  • Dec 7, 2020 7:17am Dec 7, 2020 7:17am
Quoting gatenio
{quote} what break?
last week low
above it

and euro is strong

and not to mention the whole thread here is short
even the bulls have become short

it is perfect
Make money by doing the opposite of Giveachance aka loser
  • #564,037
  • Dec 7, 2020 7:20am Dec 7, 2020 7:20am
Quoting Arief-
long SL -20p {image}
step by step

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30.png Size: 45 KB
  • #564,038
  • Dec 7, 2020 7:22am Dec 7, 2020 7:22am
this move up looks like a retracement
Attached Image (click to enlarge)
Click to Enlarge Name: gu2.png Size: 33 KB
yes yes yes
  • #564,039
  • Dec 7, 2020 7:23am Dec 7, 2020 7:23am
UK wants to get rid of GBP.
US wants to get rid of USD.
Can you blame them?
  • #564,040
  • Dec 7, 2020 7:27am Dec 7, 2020 7:27am
Quoting Steamroller
{quote} The UK will setup it's own club, Italy and Greece will leave and go back to their own currencies and perform a soft default. The Euro will soar ruining the German car industry leaving them unable to afford the French subsidies on farming or pension entitlements :-) The French peasants will then revolt and the whole set of cards will come tumbling down.
As crazy as this sounds, this is exactly what I was thinking.
Of course, the owners of The City will not want to go this route.
It will not happen overnight.....but we will wait and see.
Lost....
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