Cable Update (GBPUSD)

EURNZD will turn bearish today Asia, unless RBNZ surprises with rate change.

Their is no value of your point if I don't get it.

Thank you for the clarification.

As I mentioned, I should stop looking for answers,as it is not going to help much, instead just following what it says and catch few and fill up the Account tracker.

Look at GU. It is turning bullish in my view.

I am not going to educate or further humiliate you in a public forum!

SO, please read some general knowledge (as most of us were, ALREADY, taught in primary school) before you call the Finance Capital of the planet United Kingdom - A SMALL COUNTRY (where seems to be your main losses buying GBP and all going wrong)

Just a hint! READ, where the colours of United Kingdom flag comes from and what would happen, if this the vote passes?

To remind you again this is what you commented:

Scotland Poll result: 53.9% Yes
http://www.forexfactory.com/news.php...58#post7729731

Since you are obviously not based in Scotland there is some excuse for your lack of awareness. My original post on this subject included a link to the Wee Blue Book. Here it is again as an attachment. Please read it. When you have finished it I would recommend you read Jim Sillars' book, 'In Place of Fear II' and 'Common Weal' from the Jimmy Reid Foundation.

Alternatively you could read the Scottish Government's White Paper at; http://scotgov.publishingthefuture.i...otlands-future

Even if you choose not to read all of this material at all, and in so doing accept that your knowledge and awareness makes your ability to argue your case very poor, I would simply refer you to pages 10-12 of the Wee Blue Book. Here;

The economy underpins every aspect of Scotland’s future. The choices that any independent Scottish Government makes, and whether those choices will be easier or harder than those faced by a devolved Scottish Government, will be dictated by how much money is available. For that reason, the UK government and the No campaign desperately want you to believe that Scotland would be poorer as an independent country, and that it would therefore have to raise taxes and/or cut public spending to protect services.
But that simply isn’t true. In fact, it’s not even close - the Financial Times stated unequivocally in February 2014:“An independent Scotland could expect to start with healthier state finances than the rest of the UK.” [5]
Scotland subsidises the UK by billions of pounds every year, and has done for many decades. On the rare occasions when it’s forced by Parliamentary rules to tell the truth, the UK government admits that fact plainly.
On 27 March 1997, the Herald newspaper reported:“Mr William Waldegrave, Chief Secretary to the Treasury, has been forced to concede figures in Commons questioning in recent months, which show that if Scotland’s share of North Sea revenues had been allocated since 1979, then the net flow in
favour of the Treasury from north of the Border ran to £27bn.” [6] The Herald went on in the same article to note that Mr Waldegrave (the 1997 ministerial equivalent of Danny Alexander) later admitted to the House that the real figure was even higher, at £31 billion over the 18-year period.
The extent of Scotland’s wealth after the discovery of North Sea oil in the 1970s was so great that successive Labour and Conservative governments hid it from the Scottish people for three decades. When a 1975 analysis for the UK government by economist Professor Gavin McCrone was finally made public in 2005 after a Freedom Of Information request, The Independent newspaper reported:“An independent Scotland’s budget surpluses as a result of the oil boom, wrote Professor McCrone, would be so large as to be ‘embarrassing’.
Scotland’s currency ‘would become the hardest in Europe, with the exception perhaps of the Norwegian Kronor.’ From being poorer than their southern neighbours, Scots would quite possibly become richer. Scotland would be in a position to lend heavily to England and ‘this situation could last for a very long time into the future.’
In short, the oil would put the British boot, after centuries of resentment, firmly on the foot standing north of the border.
Within days of its receipt at Westminster in 1974, Professor McCrone’s document was judged as incendiary and classified as secret. It would be sat upon for the next thirty years.” [7][8]

The pro-Union economist Professor Brian Ashcroft (husband of former Scottish Labour leader Wendy Alexander) calculated in July 2013 that had Scotland been independent since 1981, it would by now have an accumulated basic budget surplus of at least £68 billion [9].
The real figure, including interest and other benefits, would likely be an “oil fund” of well over £100 billion.But instead of that huge surplus, Scotland is part of a UK with a massive £1.4 trillion debt [10] - our population share of the debt is approximately £118 billion.
In short, membership of the UK for the last 32 years has left Scotland anywhere from £180 billion to £250 billion worse off than it would have been as an independent country. Thanks to Westminster we’re massively in debt, where we should have had money in the bank.
There’s no point crying over spilt milk - that’s all in the past. (Although the vast subsidy Scots have paid to the UK could still play a big part in reducing how much of the UK’s debt Scotland takes on in independence negotiations - see Chapter 5) But the fundamental economic facts making Scotland stronger than the UK are the same now as they’ve been for the last 40 years, as the Financial Times observed.
Unionists don’t care about that. In February 2014 the Labour MP for Lanark and Hamilton East, Jim Hood, stood up in the House Of Commons and said:
“If the Scottish people are going to be better off economically etc, I would still be against breaking away from the Union.” [11][12]
But Scottish Labour MPs can afford not to care. They’ve got safe jobs for life (Jim Hood has a 13,000 majority and has been in place for 27 years) and they get to decide their own salaries. If you’re living in Scotland and you DON’T have an MP’s lavish expense account and goldplated pension to fall back on, you probably do care whether you and your family would be better off or not.
Scotland can’t afford to keep paying tens of billions of pounds over and above its fair share. The simple fact is that by any reasonable calculation, and even BEFORE the effect of different policies (such as scrapping Trident) is taken into account, Scotland will have more money as an independent country than it does as part of the UK.

This just gives you a tiny flavour of why the Scottish people should want Independence. After all, the USA, Canada, Australia, India and Pakistan are all successful former colonies which have decided to govern themselves and not one of them has even begun to think about going back under British rule.

Is that your trade station in your profile pic?

It really puts mine to shame!

Nope going DOWN, This will not make a New HIGH, But if does then I am Wrong

Dint even let me finish typing

BwaaaaAAAA!

1.6234 Please...
"Gap MUST Be FILLED NAVIN"!

Maybe this is your Train Ride, Buddy!

Almost 100 Pips movement in EUR/GBP. That's the kind of volatility i was waiting since long...

so much for my short. down 50 pips in under 5 minutes. i guess im holding onto this short for a little longer lol

Entering stop buy order to open a position:

stop buy order @ 1.6202

if filled :

t/p : open

s/l : 1.6140


Cable now trading 1.6170

Just short the hell out of it.

Not now. Later.

I had pending sell orders @6180/90 levels , SL @6200 , it's funny how orders get filled as traders take every opprtunity of selling higher upon some poll news .

LOOOL you just made my day, and you think you did humiliate me. Scotland will separate soon, and if you think you know some history that no one else do that's your fault not mine.

United Kingdom is falling a parts like they did with the middle east countries before, in it will become a small countries. And the rest is coming with the other parts.
You can go to London and see from where the majority of Tourists are !!

You think you know more than everyone else, many users send me messages and send me answers and alot of good information to help us understand the system.
But people like you think the need to make fun of everyone and show themselves, but no one care about how much money you made or the way you think.
If you have good information you can help the new users like me say it, if not keep your words for yourself.
I will not replay to anything you will say, I need to learn.