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Cable Update (GBPUSD)

  • #564,521
  • Dec 9, 2020 5:57am Dec 9, 2020 5:57am
Quoting blogonsite
Hmmm... {image}
I wish this is respected in the market today.
  • #564,522
  • Dec 9, 2020 5:58am Dec 9, 2020 5:58am
Is that a spike I'm seeing?
  • #564,523
  • Dec 9, 2020 6:02am Dec 9, 2020 6:02am
Maybe I should start selling now, but I really want a retest of 1.354.

EG is at exactly 0.9, this may stall progress for GU a bit.
  • #564,524
  • Dec 9, 2020 6:03am Dec 9, 2020 6:03am
are you ready for the second move up ?
usually in the past i would short that , but now i recognize crooks trap from far away
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu2.png Size: 37 KB
Click to Enlarge Name: gu3.png Size: 32 KB
yes yes yes
  • #564,525
  • Dec 9, 2020 6:07am Dec 9, 2020 6:07am
I was long from last night...things not looking that great atm
think bonds will get a bid
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #564,526
  • Dec 9, 2020 6:09am Dec 9, 2020 6:09am
Long or shortu guyes?
Observer effect
  • #564,527
  • Dec 9, 2020 6:10am Dec 9, 2020 6:10am
Quoting Moty
are you ready for the second move up ? usually in the past i would short that , but now i recognize crooks trap from far away {image} {image}
Lol. How were you able to recognize Buddy?
  • #564,528
  • Dec 9, 2020 6:12am Dec 9, 2020 6:12am
Force of gravity, i employ your services now!
  • #564,529
  • Dec 9, 2020 6:13am Dec 9, 2020 6:13am
Quoting ryuryu
Long or shortu guyes?
You can read the charts but decide for yourself.
It's your money after all.
  • #564,530
  • Edited 6:35am Dec 9, 2020 6:14am | Edited 6:35am
Quoting Moty
are you ready for the second move up ? usually in the past i would short that , but now i recognize crooks trap from far away {image} {image}
Well done moty
im expecting a push to 1.3465-1.3485 and then stall to wait for deal no deal news
  • #564,531
  • Dec 9, 2020 6:18am Dec 9, 2020 6:18am
Quoting Kanizaro
Force of gravity, i employ your services now!
Pound have an exempt from gravity law.
We are special in the UK, you know.
  • #564,532
  • Dec 9, 2020 6:20am Dec 9, 2020 6:20am
"UK'S PM JOHNSON: WHETHER THE OUTCOME IS DEAL OR NO DEAL, WE'LL BE TAKING BACK CONTROL."

No deal it is then
Que Sera
  • #564,533
  • Dec 9, 2020 6:21am Dec 9, 2020 6:21am
Quoting VM.
{quote} Pound have an exempt from gravity law. We are special in the UK, you know.
  • #564,534
  • Dec 9, 2020 6:24am Dec 9, 2020 6:24am
Price is stuck.
Accio positive Brexit tweet.
  • #564,535
  • Dec 9, 2020 6:25am Dec 9, 2020 6:25am
Quoting fxmasterdxb
{quote} Well done mottu im expecting a push to 1.3465-1.3485 and then stall to wait for deal no deal news
you are expecting deal or no deal today?
  • #564,536
  • Dec 9, 2020 6:26am Dec 9, 2020 6:26am
Quoting Kanizaro
{quote} You talk of buy here..... Don't you think you may be confusing someone here?.....
Sorry mate....don't mean to confuse- apologies

I closed the long - when that big seller appeared.

We are seeing risk off sentiment- but some pound buying is needed
The dollar is King
The markets are very flexible and for me its a case of working things out
Will try to keep things clearer going forward

There will be volatility when Johnson makes a speech later on following his dinner with Ursula von der Leyen
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #564,537
  • Dec 9, 2020 6:28am Dec 9, 2020 6:28am
Back in with a short @ 456
Que Sera
  • #564,538
  • Dec 9, 2020 6:29am Dec 9, 2020 6:29am
Quoting SFundamental
{quote} Sorry mate....don't mean to confuse- apologies I closed the long - when that big seller appeared. We are seeing risk off sentiment- but some pound buying is needed The dollar is King The markets are very flexible and for me its a case of working things out Will try to keep things clearer going forward There will be volatility when Johnson makes a speech later on following his dinner with Ursula von der Leyen
Very well said.
Thanks for the clarification.
  • #564,539
  • Dec 9, 2020 6:36am Dec 9, 2020 6:36am
Quoting Catempire
"UK'S PM JOHNSON: WHETHER THE OUTCOME IS DEAL OR NO DEAL, WE'LL BE TAKING BACK CONTROL." No deal it is then
Sadly I am happy if there is no-deal scenario.
Firstly - all my shorts will give me some Xmas bonus.
Secondly - I know people who voted for Brexit. They will NEVER learn what damage they've caused UNLESS life gives them a real kick in their butts. The harder the kick, the better. If UK economy collapses, if GBP sinks for the next few years, if prices in shops rise drastically, if there will be shortage in employment sector - THOSE WILL BE THE LESSONS for Brits.
WT
  • #564,540
  • Dec 9, 2020 6:38am Dec 9, 2020 6:38am
Quoting Ehsank78
{quote} you are expecting deal or no deal today?
Honestly very hard to say, i will wait for the fire works to shoot and then take a position accordingly
429 traders viewing now, 1 is registered:
Ahsan