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Cable Update (GBP/USD) without Idiots 23 replies

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Cable Update (GBPUSD)

I can't find any news on this. 1000 pip spike on GU and 1500 on GJ. A lot of big traders just got wiped holding longs after the massive down move.
LOL....

What is happening

LOL
nice stop hunt lmfao.. low 1.2029 on my platform..
Well... we were below the lowest low in decades for the pound. There was zero demand/support to be found below so i guess it can be compared to the eur/chf floor below its fixed floor level. There simply was no reason there either to have any long positions... I guess they knew it could spike like this...
Quoting sebas1987
LOL.... What is happening LOL

1. thats why we trade with s/l
2. why in the world are people buying or selling into this -- structure is broken...wait, wait till the humans can regain composure...this is all algo and panic. -- feel bad for the tokyo office this morning for most banks.
bottoms in ?
This is a testament to the notion that markets are completely random and make no sense! I just lost about $7000 today haha. Time to get some escorts and take the night off. Hope none of you were margin called.
Funny I was just telling my wife the pound could hit 1.2 ... but I was thinking in march when May hits the exit button not now.
Quoting F0reverForex
This is a testament to the notion that markets are completely random and make no sense! I just lost about $7000 today haha. Time to get some escorts and take the night off. Hope none of you were margin called.
It just so happens that i modified EA's to take care of black swans a couple of weeks ago @[email protected]; close call.. Sorry for your loss
French President Hollande said Britain must suffer the consequences of leaving the EU to save it from an existential crisis -Financial Times
The ironic things is NFP is meant to probably going disappoint tomorrow
fuck,,, what's happening...
buy buy buy now
460 retail traders viewing the thread to know why but no one knows ! Don't worry, they will tell us tomorrow...
Don't give up on your dreams. Keep sleeping.
Looks like the Bank of England might be buying here to support the GBP.
I just lost $5000
WTF??? 
Wtf.....I lost 58000$ in one minute
Quoting Nabz
{quote} Not likely, but bounces upward should be expected in this range, unless it breaks this channel, in that case. We are heading to parity zone.
Maybe it was technical afterall.
Quoting pursuit_21
{quote} 1. thats why we trade with s/l 2. why in the world are people buying or selling into this -- structure is broken...wait, wait till the humans can regain composure...this is all algo and panic. -- feel bad for the tokyo office this morning for most banks.
A stop loss would not work in that case. Look up stop loss @ black swan
MY SITTING, NEVER MY THINKING!
Quoting nightpipper7
French President Hollande said Britain must suffer the consequences of leaving the EU to save it from an existential crisis -Financial Times
seriously this is why? combined that with alot of peoples orders past 12600?
Quoting timos
900 f*cking pips in the Sidney session.... Talk about manipulation!!
yeah I wonder what they went down there for
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