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Cable Update (GBPUSD)

  • #567,261
  • Dec 21, 2020 5:35am Dec 21, 2020 5:35am
daxi dropped over 600 points today
daxi your you are crazy sob
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yes yes yes
  • #567,262
  • Dec 21, 2020 5:36am Dec 21, 2020 5:36am
Quoting Bacco
{quote} Unfortunately,i have the same view as u. Does Boris needs to consult the cabinet before announcing no deal? even if im thinking that they will blame the time on 31st.
I think that they won't announce anything, the time will simply run out. Which makes it more difficult to trade, as negotiations will continue even after 31st, and there will be new hopes, and so on.
But if Boris is to announce anything, yes, he will need to get cabinet's backing in one way or another.
  • #567,263
  • Dec 21, 2020 5:37am Dec 21, 2020 5:37am
Quoting JayBag
{quote} DEAL! May we please have a few witness?
  • #567,264
  • Dec 21, 2020 5:39am Dec 21, 2020 5:39am
Quoting Kaysole
{quote} I think an assurance that talks will resume could be enough to push it back up temporarily.
at the very least - it wouldn't hurt.
--------------------------------------------

... price has breached the 23.6% of the day's current fall at the current pullback hi...4hr below shows the 1st 'main' upside obstacle if tested - that prev sw lo x 2 zone..
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Trader with an Edge.
  • #567,265
  • Dec 21, 2020 5:43am Dec 21, 2020 5:43am
I see a 1.29 by this week
  • #567,266
  • Dec 21, 2020 5:43am Dec 21, 2020 5:43am
Quoting Catempire
Jay are you still holding all of your lots?
I happen to manage an obese account..

Closed a few for swaps & co, but still holding major positions..

I usually can hold trades for months.. I appreciate the rest of mind it provides

SS
  • #567,267
  • Dec 21, 2020 5:43am Dec 21, 2020 5:43am
Quoting JayBag
{quote} '1.37146'
higher, long term 1.375-1.403
it should take 12 weeks from today.
  • #567,268
  • Dec 21, 2020 5:46am Dec 21, 2020 5:46am
Houston , i am in a profit .
after i was in a 180$ loss
Boris , your mama told me to tell you to phone home
where is mister twitter when he needed ? Donald , tweet home
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yes yes yes
  • #567,269
  • Dec 21, 2020 5:46am Dec 21, 2020 5:46am
Quoting gatenio
{quote} higher, long term 1.375-1.403
1.40 very possible bro.. Just going to clear 90% of my longs if/when we get to 1.37..

A lot could happen before Christmas
  • #567,270
  • Dec 21, 2020 5:47am Dec 21, 2020 5:47am
Quoting VM.
{quote} EU will adapt IF there is a real crisis. I hear that EU is about to collapse for almost two decades
I am not saying EU will collapse...I am saying EU is a socialistic dump! High taxes, high government intervention, high bureaucracy! Those things will never change...and yes, to many people they don't matter, those with a 8/5 job don't care...but those who employ them, they care...EU is the worst place on the planet to run a business.
Everyone can see the chart, but only a few can actually read it.
  • #567,271
  • Dec 21, 2020 5:48am Dec 21, 2020 5:48am
This has been a wonderful day to sell high and buy low for Cable.

Can't wait for NY session!
Subscribe to me and follow my trading!
  • #567,272
  • Dec 21, 2020 5:49am Dec 21, 2020 5:49am
Quoting JayBag
{quote} 1.40 very possible bro.. Just going to clear 90% of my longs if/when we get to 1.37.. A lot could happen before Christmas
daily above 1.33 and i think you right.
im only using ichimoku wave and time theory.
  • #567,273
  • Dec 21, 2020 5:50am Dec 21, 2020 5:50am
Quoting VM.
{quote} I think that they won't announce anything, the time will simply run out. Which makes it more difficult to trade, as negotiations will continue even after 31st, and there will be new hopes, and so on. But if Boris is to announce anything, yes, he will need to get cabinet's backing in one way or another.
v.m until Boris backs down there won’t be a deal.
Que Sera
  • #567,274
  • Dec 21, 2020 5:51am Dec 21, 2020 5:51am
Quoting OnlineAddict
{quote} I am not saying EU will collapse...I am saying EU is a socialistic dump! High taxes, high government intervention, high bureaucracy! Those things will never change...and yes, to many people they don't matter, those with a 8/5 job don't care...but those who employ them, they care...EU is the worst place on the planet to run a business.
I heave heard Uzbekistan isn’t to good either.
Que Sera
  • #567,275
  • Dec 21, 2020 5:52am Dec 21, 2020 5:52am
when price is above the band , take long
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yes yes yes
  • #567,276
  • Dec 21, 2020 6:00am Dec 21, 2020 6:00am
Quoting JayBag
{quote} I happen to manage an obese account.. Closed a few for swaps & co, but still holding major positions.. I usually can hold trades for months.. I appreciate the rest of mind it provides SS
So at 1.3623 you did not take profit only -77pips from target (1.3700) and now over -400 pips from target. ???????????
  • #567,277
  • Dec 21, 2020 6:01am Dec 21, 2020 6:01am
Quoting Catempire
{quote} v.m until Boris backs down there won’t be a deal.
Probably, but there may be no "no deal" announcement either. They will just continue talking.
  • #567,278
  • Dec 21, 2020 6:03am Dec 21, 2020 6:03am
Quoting VM.
{quote} Probably, but there may be no "no deal" announcement either. They will just continue talking.
True, pretty certain they can’t do a deal in time now anyways as it needs voting through in the EU.

Boris has already received permission from cabinet to no deal.
Que Sera
  • #567,279
  • Dec 21, 2020 6:04am Dec 21, 2020 6:04am
Quoting VM.
Bull market, they said. Soon to 1.4, they said. Fundamentals don't matter, they said.
Buy GBP they said, it will be fun

It takes a lot for me to IGNORE you, but you can try.
  • #567,280
  • Dec 21, 2020 6:06am Dec 21, 2020 6:06am
Quoting Catempire
{quote} True, pretty certain they can’t do a deal in time now anyways as it needs voting through in the EU. Boris has already received permission from cabinet to no deal.
Not entirely sure how people are still thinking 1.37 but I was saying this one month ago for 1.36 and was wrong.

just seems strikingly obvious that regardless of the tabloids anyone with a tiny amount of FA knowledge can see the U.K. will be in a far worse position economically in 6 trading days.
Que Sera
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