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Cable Update (GBPUSD)

  • #565,301
  • Dec 13, 2020 11:14am Dec 13, 2020 11:14am
Quoting emannnn
{quote} long story.... Bloomberg data is valid
I've used bb terminal long enough to know they aren't always correct either and even fail miserably depending on the data in question.

If you're speaking of their white labeled website data than it's not really a point

There's plenty of fine cheap and free data providers out there for you guys to "analyze"

I think that's overdone to death though and isn't really conducive to trading they way the people here seem to gravitate towards
  • #565,302
  • Dec 13, 2020 11:18am Dec 13, 2020 11:18am
IG weekend index has it at 1.33.
  • #565,303
  • Dec 13, 2020 11:20am Dec 13, 2020 11:20am
Quoting gespiri
{quote} Yeah, it is quite pricey here especially if you don't earn like the Swiss bankers. I doubt the EU will back down on certain things. They already backed down on the budget with Poland and Hungary which angered one of their owners (GeorgeSoros). This will keep on going until the US presidency is officially finalized on Jan 20. We'll see.
TBH with you... even tho i am short and I will make a minor fortune I still hope we don't leave.

A deal will still be sh*t for uk

And a no deal will affect far too many people.

Not a fan of capitalist greed. I would prefer us to stay and I will suck up a loss.

Still think it's unlikely. But we'll see, your speculation about Biden makes sense. Never thought about that.
Que Sera
  • #565,304
  • Dec 13, 2020 11:29am Dec 13, 2020 11:29am
Quoting Steamroller
IG weekend index has it at 1.33.
Weekend trading is not a valid PA and represents no valid price.

https://www.xe.com/currencyconverter...rom=GBP&To=USD
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #565,305
  • Dec 13, 2020 12:08pm Dec 13, 2020 12:08pm
For me it was very very obvious that it was a media manipulation on Friday to drive the prices lower... EU didnt move from the peak, and all other currecies were pretty much at the same level... Technically, it went to the extreme low and touched the major support and bounced back. Now, the actual news is out as its positive, and GU will fly hihger maybe 300 pips... So, good luck and happy green pips if you are long....
  • #565,306
  • Dec 13, 2020 12:36pm Dec 13, 2020 12:36pm
By the way.... XE.COM shows now 1.3350
  • #565,307
  • Dec 13, 2020 12:55pm Dec 13, 2020 12:55pm
It is up 130 pips and guys were expecting hundreds of pips down lol
Make money by doing the opposite of Giveachance aka loser
  • #565,308
  • Dec 13, 2020 1:07pm Dec 13, 2020 1:07pm
Amazing work from Paris..

(26) Fkj Live at La Fée Electricité, Paris - YouTube
Que Sera
  • #565,309
  • Dec 13, 2020 1:17pm Dec 13, 2020 1:17pm
Quoting turnip15
{quote} If you read past news about Greece and Italy you find both countries, being tied to the Euro, could not alter interest rates when financial problems struck. EU is a political union, sharing a common currency (Euro) but NOT a fiscal union(of states) like the USA.
Hi Turnip,
Yes I know about the Crisis of Greece and Italy, hence my question.
My question was not out of a thirst for knowledge, but to provoke thought on what you said in your post.

"If they make it easy for the UK to leave, others may want to leave also".
Compulsions can be hard to resist
  • #565,310
  • Dec 13, 2020 1:18pm Dec 13, 2020 1:18pm
Quoting nessus94
It is up 130 pips and guys were expecting hundreds of pips down lol
GBPUSD shows 1.3230 right now on ex.com.
Don’t get over-excited boys and girls. The PA before opening is usually rubbish. There still can be a gap either way, but it will most probably open exactly where it closed on Friday.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #565,311
  • Dec 13, 2020 1:21pm Dec 13, 2020 1:21pm
lol. 1.3370 now
I need to grab a coffee...

This might blow up to 500 pips upward, many accounts will be blown up...
85% of the open positions over the weekend are short
  • #565,312
  • Dec 13, 2020 1:35pm Dec 13, 2020 1:35pm
Quoting NotAtrader
{quote} GBPUSD shows 1.3230 right now on ex.com. Don’t get over-excited boys and girls. The PA before opening is usually rubbish. There still can be a gap either way, but it will most probably open exactly where it closed on Friday.
Have a second look

we are in for 150 pips minimum

good Brexit lol
Make money by doing the opposite of Giveachance aka loser
  • #565,313
  • Dec 13, 2020 1:35pm Dec 13, 2020 1:35pm
Quoting NotAtrader
{quote} GBPUSD shows 1.3230 right now on ex.com. Don’t get over-excited boys and girls. The PA before opening is usually rubbish. There still can be a gap either way, but it will most probably open exactly where it closed on Friday.
Xe is currently showing 1.3370
  • #565,314
  • Dec 13, 2020 1:36pm Dec 13, 2020 1:36pm
Quoting RazorFitch
lol. 1.3370 now I need to grab a coffee... This might blow up to 500 pips upward, many accounts will be blown up...
1.3366 on Saxo pre-market now.
A fool and his money are easily parted
  • #565,315
  • Dec 13, 2020 1:56pm Dec 13, 2020 1:56pm
I think NotAtrader have opened short positions and don’t want to accept the big gap, just guessing..... so who will take short at the open for gap closing, or half gap closing?
  • #565,316
  • Dec 13, 2020 2:01pm Dec 13, 2020 2:01pm
Quoting achv
I think NotAtrader have opened short positions and don’t want to accept the big gap, just guessing..... so who will take short at the open for gap closing, or half gap closing?
As 90% of the Brexit people lol

easy to make money knowing that
Make money by doing the opposite of Giveachance aka loser
  • #565,317
  • Dec 13, 2020 2:04pm Dec 13, 2020 2:04pm
I will add to my shorts above 1.33. Friday close I hedged half of my position just in case of shanigans like this.
A fool and his money are easily parted
  • #565,318
  • Dec 13, 2020 2:04pm Dec 13, 2020 2:04pm
Quoting achv
I think NotAtrader have opened short positions and don’t want to accept the big gap, just guessing..... so who will take short at the open for gap closing, or half gap closing?
1.3350 - 1.34 is worth a sell for me, ofcourse i will not sell blindly
  • #565,319
  • Dec 13, 2020 2:08pm Dec 13, 2020 2:08pm
Quoting MozzChops
I will add to my shorts above 1.33. Friday close I hedged half of my position just in case of shanigans like this.
then I will hold till 1.45
  • #565,320
  • Dec 13, 2020 2:11pm Dec 13, 2020 2:11pm
Price now is 1.33598 GAP UP !
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