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Cable Update (GBPUSD)

  • #568,881
  • Dec 28, 2020 5:49am Dec 28, 2020 5:49am
Quoting goldencalf
{quote} I expect this from people who manage milions, bill gates could read 2 books a day...anyway, did you earn money shorting pound today with this FA, cause we earned some without this funnie mentals, just TA and price action
Over the Christmas holiday break? Anyway. analysis of a change on economics of the 6th largest economy in the world is a tad harder than reading 2 story books.

Well done you, keep it up.
Que Sera
  • #568,882
  • Dec 28, 2020 5:50am Dec 28, 2020 5:50am
Quoting KiwiTrada
swissy and uj a couple pips away from gap close right now???
both closed and looks like usd going to keep on trucking north :-)
If you are new to Forex? Say Goodbye to your account!!
  • #568,883
  • Dec 28, 2020 5:51am Dec 28, 2020 5:51am
Quoting Catempire
{quote} Which 2 ? did you expect the market to read & analyse every detail of the deal in 24 hours ? it was always going to take time to digest the details more than just the headlines.
OK
you thought this agreement could have any positive effect on the value of the pound.
you didn't have to read the agreement to do that.
at least in the medium term.
  • #568,884
  • Dec 28, 2020 5:53am Dec 28, 2020 5:53am
Quoting Waveskierrob
{quote} arrrrrh was enjoying that little skirmish

You unsuspended after tyrants tried to sush and oppress you

. Hold up bud.
The Truth wins.....
Beware of robber banks (RB), bad advisors.
  • #568,885
  • Dec 28, 2020 5:57am Dec 28, 2020 5:57am
Quoting tiborf71
{quote} OK you thought this agreement could have any positive effect on the value of the pound. you didn't have to read the agreement to do that. at least in the medium term.
I’ve never thought brexit or any agreement would have had a positive effect on the pound. Not sure if you have been reading this forum very much. I’m here for a big move or no move, made my MO very clear throughout.
Que Sera
  • #568,886
  • Dec 28, 2020 6:01am Dec 28, 2020 6:01am
Quoting KiwiTrada
{quote} both closed and looks like usd going to keep on trucking north :-)
swissy is @ very important resistance 4hr zoom out 8918 -20ish possibly nearing the end of a scallop shell bottom??? if not should be this week
If you are new to Forex? Say Goodbye to your account!!
  • #568,887
  • Dec 28, 2020 6:03am Dec 28, 2020 6:03am
...

As to pound forecasts and the jokers here that pretend to "guess" the way......



1.3485



Jokers forget it's Christmas and spikes of 259 pips are nothing .

Then nerves get high and blaming starts.. ..


Apparently I'm to blame



That my bud is the sign of veeeery poor traders

Poor timing, small pockets , high ego


Just saying.
This thread is great and all traders are great
Beware of robber banks (RB), bad advisors.
  • #568,888
  • Dec 28, 2020 6:04am Dec 28, 2020 6:04am
GBPUSD will continue down? Looking for down opportunity again.
Always Positive
  • #568,889
  • Dec 28, 2020 6:04am Dec 28, 2020 6:04am
TP 1.34750
Attached Image (click to enlarge)
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yes yes yes
  • #568,890
  • Dec 28, 2020 6:04am Dec 28, 2020 6:04am
Quoting Catempire
{quote} Over the Christmas holiday break? Anyway. analysis of a change on economics of the 6th largest economy in the world is a tad harder than reading 2 story books. Well done you, keep it up.
money never sleeps, no holiday for money
  • #568,891
  • Dec 28, 2020 6:05am Dec 28, 2020 6:05am
That's why I trade euro



Sue me



I make 20-30 pips a day and don't lose my marbles for fake spikes





Where aerage pound trader be like





.
Attached Image
Beware of robber banks (RB), bad advisors.
  • #568,892
  • Dec 28, 2020 6:06am Dec 28, 2020 6:06am
Quoting Leongang
GBPUSD will continue down? Looking for down opportunity again.
Yeah, 100 pips down today, during the bank holidays, there's a trend change for you

Load up and hang on, yeehaa

It takes a lot for me to IGNORE you, but you can try.
  • #568,893
  • Dec 28, 2020 6:07am Dec 28, 2020 6:07am
Quoting Not-KPMG
That's why I trade euro Sue me I make 20-30 pips a day and don't lose my marbles for fake spikes Where aerage pound trader be like .
for some people spike lee makes sense
  • #568,894
  • Dec 28, 2020 6:08am Dec 28, 2020 6:08am
Quoting Ilvez
JB, I truly admire your confidence in the TA only. I am at the camp who believes that combining both the TA and FA will give reasonable outcome for a short term trading outlook e.g. 1-5 days. Yes, ultimately price moves first BUT price moves because of the expectations on the the FA events. With all due respect - when scientists are unable to forecast with 21st century supercomputers and statistical modelling weather reliably longer than 3 days, then I tend to take any the long-term forecasts with a pinch of salt. The fact that GU is sitting at...
I appreciate all you just said mate.. I will not wait for when things heads north to respond hence I am responding now..

I was expecting a quote like this on this scalp move. Needles to say, I wasn’t surprised to see your quote.

I do not have to lock any profit because we not even there yet.. I did mention that scalp is possible but there is more pips to bank northward than south. Let’s talk more around end of day and I hope you’ll finally understand my thought process.

Stick around bud, you’ll learn a lot than you could imagine.

StaySafe
  • #568,895
  • Dec 28, 2020 6:11am Dec 28, 2020 6:11am
Quoting goldencalf
{quote} money never sleeps, no holiday for money
That may be so..

If the headlines say one thing and the details another expect it to move accordingly.

as I said the otherday it is the same as untold news releases on the stock market.

if a company releases a headline saying “found 100b barrels of sweet oil” expect the share price to do 100/400% in hours...

if in the small print it says.... “oil not commercial” expect it to get sold off and end down with many poor dick heads holding the spike.
Que Sera
  • #568,896
  • Dec 28, 2020 6:15am Dec 28, 2020 6:15am
So how many people are short?
How many are long?

Lets know now.
we can’t afford to start seeing I am long and BE
or I am short and on BE

lets be upfront now

I am long and most people on here knows
  • #568,897
  • Dec 28, 2020 6:16am Dec 28, 2020 6:16am
Quoting Erebus
{quote} Yeah, 100 pips down today, during the bank holidays, there's a trend change for you Load up and hang on, yeehaa
yeah. I managed grab some pips in my acc during Asia and London open hour. Waiting for next good opportunity now. Cheers
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Always Positive
  • #568,898
  • Dec 28, 2020 6:23am Dec 28, 2020 6:23am
great price action this morning for easy trades
- triple bottom
- engulfing to fail of a key level
- pinbar in a bearish drop
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  • #568,899
  • Dec 28, 2020 6:24am Dec 28, 2020 6:24am
Quoting Mcbeaners
shorts building here, not to say they will hold it down. at this point in time they are in control.
another possible leg south coming. the setup isn't perfect
In tea leaves we trust!
  • #568,900
  • Dec 28, 2020 6:26am Dec 28, 2020 6:26am
Quoting Not-KPMG
{quote} You unsuspended after tyrants tried to sush and oppress you . Hold up bud. The Truth wins.....
Just waiting to go back inside the cooler for replying to or liking your posts, don't you just love democracy
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