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Cable Update (GBPUSD)

  • #650,821
  • Feb 3, 2022 8:52am Feb 3, 2022 8:52am
my projection 1.3850, if price break high, not break low
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  • #650,822
  • Feb 3, 2022 8:52am Feb 3, 2022 8:52am
Quoting gespiri
{quote} I live here as an American and it's not as easy/great as you think. 1) Very expensive....you need to make at least 80kchf just to be "comfortable" 2) You buy your own health insurance 3) Owning a car is a luxury in many cases here so the native Swiss are comfortable with trains; forget taxis 4) Language can be an issue if you want to integrate although there are many foreigners coming and going all the time 5) Housing is not that cheap. In the past 10 years, house prices have exploded here. A ordinary apartment can send your back 2kchf/month...
Interesting. Apartment cost is similar to London, renting here is from £1,200 - £2,500/month. To buy a house is difficult for the first time buyers, much higher income is required. House prices are high. Banks will loan you 4 times your salary, while house price in London's least popular areas are from £500K and hard to find decent one. This is London, where every square meter is valued.

Swiss salaries are high and that compensates towards the cost of living.
In London younger persons salary approx from £20,000/month before tax;
Higher earners from 50K (managers job), £80K (company director). On 40K - 50K one can live comfortably .
Lowest income tax is 20% on low income (£12,550 a year is tax free).
You forgot to mention good taste of Swiss chocolate and fondue

Language would not be an issue. I speak German only need to refresh.
Have you learned french or german?

All the best.
  • #650,823
  • Feb 3, 2022 8:58am Feb 3, 2022 8:58am
Quoting kuroro001
{quote} I'm french but out of my country and Europe where everything is so expansive and people suck Better life in south america for me, cost of life is waaaayy better (if you have euros or dollars) and people wayyyy nicer But we all love different stuffs

Wow. Beautiful part of the world.
What made you move this far, quiet a distance from France?
Glad you enjoy
  • #650,824
  • Feb 3, 2022 9:13am Feb 3, 2022 9:13am
slow motion break up ?
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,825
  • Feb 3, 2022 9:19am Feb 3, 2022 9:19am
stupide of me to take short at a bullish trend
last weekly high had broke up , gu stayed most of the day above the pivot line
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yes yes yes
  • #650,826
  • Feb 3, 2022 9:26am Feb 3, 2022 9:26am
Quoting Jolita
{quote} For sure cost of living rising, mortgage rates will increase, taxes rise, National Insurance increased already. Where is our work - life balance? Do you feel the same? How is like where you are? Need to move to Bahamas, Switzerland, Monaco or Scandinavian countries life is great out there. Just checked out top 10 for expats - 1. Switzerland: financial wellbeing and a safe environment (my top) 2. Germany: the leader for job security (lived for 1 year, not bad) 3. Australia: where you work to live 4. Canada: somewhere between Europe and the...
I am from Hong Kong and planning to move to Taiwan. Now in Singapore for a long vacation because of good business last 2 years.

Not sure if you plan to work in the new place. If not I would recommend against Singapore. Housing is an challenge for foreigners. High living cost, and not too much leisure activities (esp nature things). Just did the hidden “Jurong rail” today, its like the one of the only 2or3 rural hiking trails in the country!

HK is almost as expensive as living in SG but with more things to do. Taiwan is my plan because of cheap living, especially when I will be able to keep my job in HK. And even more entertainment

Asia is a good place to live and visit, really good food in every countries

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  • #650,827
  • Feb 3, 2022 9:27am Feb 3, 2022 9:27am
Quoting Jolita
{quote} Interesting. Apartment cost is similar to London, renting here is from £1,200 - £2,500/month. To buy a house is difficult for the first time buyers, much higher income is required. House prices are high. Banks will loan you 4 times your salary, while house price in London's least popular areas are from £500K and hard to find decent one. This is London, where every square meter is valued. Swiss salaries are high and that compensates towards the cost of living. In London younger persons salary approx from £20,000/month before tax; Higher earners...
I can get by with French but no German (although my wife is Swiss German).
That basic apartment is about 70-80 sq/m in size (approx. 1bdrm).
Taxes is a little lower here but you do pay a virtual income tax if you own your house.
Tax on investments (forex, stocks, etc) may not apply depending on declaration (number of trades per month/year).
Lastly, I had to sadly quit chocolates/sugar when I passed 40 but an occasional fondue is always welcome.
I actually see more and more Germans/French/Italians/Portuguese trying to move in but its every difficult. There were a lot of Brits/Americans before due to the multinationals....slowly going back as the 10year tax advantages for these companies have slowly expired.
Lost....
  • #650,828
  • Feb 3, 2022 9:28am Feb 3, 2022 9:28am
Have not posted on this site for long. Hope you are all well. Currently long gbpusd
  • #650,829
  • Feb 3, 2022 9:32am Feb 3, 2022 9:32am
now it's time to take short
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yes yes yes
  • #650,830
  • Feb 3, 2022 9:54am Feb 3, 2022 9:54am
Quoting Houtbay
Have not posted on this site for long. Hope you are all well. Currently long gbpusd
Welcome my brother longest time how are you doing and how is your amiable family? Long time boss
GREATEST WISDOM AND POSITIVE ENABLEMENT COMES FROM ALMIGHTY GOD
  • #650,831
  • Feb 3, 2022 10:03am Feb 3, 2022 10:03am
Wicked moves on Eurgbp today with the dollar tanking. Haven't seen this much movement in Eg for a while.
Cheers.
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Trade to trade another day
  • #650,832
  • Feb 3, 2022 10:09am Feb 3, 2022 10:09am
Quoting Jolita
{quote} For sure cost of living rising, mortgage rates will increase, taxes rise, National Insurance increased already. Where is our work - life balance? Do you feel the same? How is like where you are? Need to move to Bahamas, Switzerland, Monaco or Scandinavian countries life is great out there. Just checked out top 10 for expats - 1. Switzerland: financial wellbeing and a safe environment (my top) 2. Germany: the leader for job security (lived for 1 year, not bad) 3. Australia: where you work to live 4. Canada: somewhere between Europe and the...
For me it is enough a warm girl and weather, low living prices too.
  • #650,833
  • Feb 3, 2022 10:10am Feb 3, 2022 10:10am
Quoting tommydoginti
{quote} I am from Hong Kong and planning to move to Taiwan. Now in Singapore for a long vacation because of good business last 2 years. Not sure if you plan to work in the new place. If not I would recommend against Singapore. Housing is an challenge for foreigners. High living cost, and not too much leisure activities (esp nature things). Just did the hidden “Jurong rail” today, its like the one of the only 2or3 rural hiking trails in the country! HK is almost as expensive as living in SG but with more things to do. Taiwan is my plan because of...

Hi Tommy,

For some reason I thought you are from Italy (your profile name tells me).

We do need a lot of nature and Singapore sounds more suitable for business.
Great food and good living cost in Taiwan. I hope all goes to plan for you.

Britain certainly got some of the most beautiful scenery. Every hiker will have their favourite hiking trails in the UK.

You must visit UK one day. Here is some hiking trail info:
Best Hikes in the UK: 10 of the Most Adventurous Routes (muchbetteradventures.com)
  • #650,834
  • Feb 3, 2022 10:12am Feb 3, 2022 10:12am
short 1.40xx to target 1.25xx is a good RR
  • #650,835
  • Feb 3, 2022 10:14am Feb 3, 2022 10:14am
Quoting Jolita
{quote} Hi Tommy, For some reason I thought you are from Italy (your profile name tells me). We do need a lot of nature and Singapore sounds more suitable for business. Great food and good living cost in Taiwan. I hope all goes to plan for you. Britain certainly got some of the most beautiful scenery. Every hiker will have their favourite hiking trails in the UK. You must visit UK one day. Here is some hiking trail info: Best...
I really like hiking so really need a place with good nature. Thanks for the recommendation

BTW, I wanna do Via Ferrata trails

many of them in EU like Swiss. And the one on my bucket list
https://www.google.com.hk/amp/s/www....ng-via-ferrata

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  • #650,836
  • Feb 3, 2022 10:17am Feb 3, 2022 10:17am
Quoting Wavegarrick
Wicked moves on Eurgbp today with the dollar tanking. Haven't seen this much movement in Eg for a while. Cheers. {image}

Why EG is rising, should do the opposite, no?
Is Euro stronger then GBP?
  • #650,837
  • Feb 3, 2022 10:20am Feb 3, 2022 10:20am
Quoting Jolita
{quote} Why EG is rising, should do the opposite, no? Is Euro stronger then GBP?
the European central bank just let a lot of traders down
all we can do is wait see how they feel about that ?
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,838
  • Feb 3, 2022 10:25am Feb 3, 2022 10:25am
if only there was someone who been around long enough to say, theres a lot of newbies in these threads
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #650,839
  • Feb 3, 2022 10:26am Feb 3, 2022 10:26am
Quoting tommydoginti
{quote} I really like hiking so really need a place with good nature. Thanks for the recommendation BTW, I wanna do Via Ferrata trails many of them in EU like Swiss. And the one on my bucket list https://www.google.com.hk/amp/s/www....ng-via-ferrata {image}

Beautiful picture, place.
French alps has lots of good activities.
I would recommend Mont Blanc trails too. Chamonix situated close to Swiss border.
I cant do highs at all. I will fall only by looking down.


Add to your bucket list too
The 10 Greatest Hikes in Chamonix, France - 10Adventures
  • #650,840
  • Feb 3, 2022 10:30am Feb 3, 2022 10:30am
Quoting tommydoginti
{quote} I really like hiking so really need a place with good nature.
New Zealand has some wonderous tracks.
I had a blast there. Especially South Island.
in wondering about yourself, you forgot what you came here to be part of
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