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Cable Update (GBPUSD)

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  • Post #564,161
  • Quote
  • Dec 7, 2020 12:48pm Dec 7, 2020 12:48pm
  •  cupidsux
  • | Joined Nov 2018 | Status: Member | 69 Posts
Quoting VM.
Disliked
https://www.forexlive.com/
Ignored
thank you . still learning =D thanks thanks
 
 
  • Post #564,162
  • Quote
  • Dec 7, 2020 12:49pm Dec 7, 2020 12:49pm
  •  VM.
  • | Joined Feb 2020 | Status: Member | 629 Posts
Quoting SFundamental
Disliked
Sometimes I wonder is it possible for the dollar to actually get a bid
Ignored

Has been a while since the king ruled over anything.
 
1
  • Post #564,163
  • Quote
  • Dec 7, 2020 12:51pm Dec 7, 2020 12:51pm
  •  SFundamental
  • Joined Apr 2020 | Status: Member | 766 Posts
Oil look good today
No macro - no trade
 
 
  • Post #564,164
  • Quote
  • Dec 7, 2020 12:57pm Dec 7, 2020 12:57pm
  •  pipfarm
  • Joined Oct 2010 | Status: Member | 3,926 Posts
Quoting Catempire
Disliked
{quote} Pip could also be a broadening top ?
Ignored

yes of course that is why i am not trading it, as it is an indecision pattern either way and needs to break one way or the other , i believe 3400 is the break or retest point.
Follow The Markets Structure - Patience and Discipline
 
1
  • Post #564,165
  • Quote
  • Dec 7, 2020 12:58pm Dec 7, 2020 12:58pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
U.K. Backs Down on Threat to Break Brexit Divorce Agreement - Bloomberg
Que Sera
 
 
  • Post #564,166
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  • Dec 7, 2020 1:15pm Dec 7, 2020 1:15pm
  •  Maximumheigh
  • | Joined Sep 2020 | Status: Member | 447 Posts
Quoting Maximumheigh
Disliked
{quote} Offloaded another long. We be loading shorts around this price now. Already at 1.336x {image}
Ignored
Shorts loaded. Move to BE.
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  • Post #564,167
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  • Dec 7, 2020 1:15pm Dec 7, 2020 1:15pm
  •  SFundamental
  • Joined Apr 2020 | Status: Member | 766 Posts
This drop - is mainly due to stops being wacked- and someone finally thinking of buying the dollar
No macro - no trade
 
1
  • Post #564,168
  • Quote
  • Dec 7, 2020 1:16pm Dec 7, 2020 1:16pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
WTF

"Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world"
Que Sera
 
 
  • Post #564,169
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  • Dec 7, 2020 1:20pm Dec 7, 2020 1:20pm
  •  Wavegarrick
  • Joined Sep 2017 | Status: Member | 3,648 Posts
Quoting Wavegarrick
Disliked
{quote} Hi Guys, All good, my sell trades were taken out with small profits. Added a sell trade-off my monthly resistance 1 at 1.35373 and locked in. I don't like to publish trades on a Friday and more especially with Brexit on the horizon, but most importantly we are ripe for a correction to the downside. Have a great weekend Cheers {image}
Ignored
Starting to get full sell confirmation signals from a 4hr perspective.

Sell trade opened at 1.33541 with a 40 pip stop loss and will lock in asap.

Trade safe
Cheers.
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Trade to trade another day
 
2
  • Post #564,170
  • Quote
  • Dec 7, 2020 1:21pm Dec 7, 2020 1:21pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
Brexit: Divisions over fisheries in the Brexit negotiations have deepened (forexlive.com)
Que Sera
 
 
  • Post #564,171
  • Quote
  • Dec 7, 2020 1:21pm Dec 7, 2020 1:21pm
  •  helioss
  • Joined Oct 2020 | Status: Member | 1,705 Posts
Second RUN...
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  • Post #564,172
  • Quote
  • Dec 7, 2020 1:26pm Dec 7, 2020 1:26pm
  •  OnlineAddict
  • Joined May 2014 | Status: From $1 to Million | 8,929 Posts | Online Now
Quoting Catempire
Disliked
WTF "Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world"
Ignored
Rich people have been buying drinking water reserves(water springs, etc) for years now, even Arabs, who are shifting from oil. Eventually (drinking)water will become the most important commodity.
Everyone can see the chart, but only a few can actually read it.
 
 
  • Post #564,173
  • Quote
  • Dec 7, 2020 1:28pm Dec 7, 2020 1:28pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
Quoting OnlineAddict
Disliked
{quote} Rich people have been buying drinking water reserves(water springs, etc) for years now, even Arabs, who are shifting from oil. Eventually (drinking)water will become the most important commodity.
Ignored
Dog eat dog world when that shi*t happens especially as top 1% will own 99.9% of everything.
Que Sera
 
 
  • Post #564,174
  • Quote
  • Dec 7, 2020 1:31pm Dec 7, 2020 1:31pm
  •  OnlineAddict
  • Joined May 2014 | Status: From $1 to Million | 8,929 Posts | Online Now
Quoting Catempire
Disliked
{quote} Dog eat dog world when that shi*t happens especially as top 1% will own 99.9% of everything.
Ignored
Its a good time to invest in lots with a lot of water reserves beneath the surface, ideally with a clean water spring on the ground.
Everyone can see the chart, but only a few can actually read it.
 
1
  • Post #564,175
  • Quote
  • Dec 7, 2020 1:37pm Dec 7, 2020 1:37pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
Quoting OnlineAddict
Disliked
{quote} Its a good time to invest in lots with a lot of water reserves beneath the surface, ideally with a clean water spring on the ground.
Ignored
I was just thinking about a desalination / home water cleansing technology...
Que Sera
 
 
  • Post #564,176
  • Quote
  • Dec 7, 2020 1:40pm Dec 7, 2020 1:40pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
Come on Cable bring it home...

After getting stopped out at 540 by 0.3 I really do hope these can stay the fu*k put.
Que Sera
 
 
  • Post #564,177
  • Quote
  • Dec 7, 2020 1:41pm Dec 7, 2020 1:41pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
Crazy swings

Moved my SL to 389
Que Sera
 
 
  • Post #564,178
  • Quote
  • Dec 7, 2020 1:42pm Dec 7, 2020 1:42pm
  •  Lastaccount
  • | Joined Jul 2020 | Status: Member | 226 Posts
Quoting nessus94
Disliked
more buy 1,3360
Ignored
all the way down to 1.30 SOON... this week
Re-Ce-Han All Time Return: 90.3%
 
1
  • Post #564,179
  • Quote
  • Dec 7, 2020 1:43pm Dec 7, 2020 1:43pm
  •  Steamroller
  • | Joined Jan 2015 | Status: Member | 866 Posts
Quoting Steamroller
Disliked
Progress = 1.338, stagnation = 1.330, bad news = 1.316. I will check at end of day to see if there is any truth in my numbers.
Ignored
Traded on hope towards progress and ended up at stagnation.
 
1
  • Post #564,180
  • Quote
  • Dec 7, 2020 1:47pm Dec 7, 2020 1:47pm
  •  Catempire
  • Joined Nov 2013 | Status: Only thing to change was the view. | 1,704 Posts
There will be no additional call between Johnson and von der Leyen
EU sources are out saying:

  1. there will not be a UK trade deal on Monday
  2. UK PM Johnson and EU von der Leyen will not resume their call.

There will be a "short written statement" soon.

Meanwhile Ireland's Foreign Minister says:

  1. Thinks Wednesday is a hard deadline, if no deal by Thursday contingency planning must begin

Que Sera
 
 
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