Cable Update (GBPUSD) | Page 22164 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Cable Update - Continued 118 replies

Cable Update (GBP/USD) without Idiots 25 replies

cable short for gbpusd? 10 replies

Why is GBPUSD called cable? 76 replies

Cable (GBPUSD) vs Euro (EURUSD) 31 replies

Attachments: Cable Update (GBPUSD)
Exit Attachments

Cable Update (GBPUSD)

  • #443,261
  • Oct 10, 2016 9:37am Oct 10, 2016 9:37am
im in gbpusd from 1.2604, i think i will hold the position, i think it can touch 1.20.

My reasons, Europe doesnt like an easy brexit for gbp, if they do that more can do the same, so its going to be hard i beleive. Hollande its angry about Brexit and he said it will be a Hard one. So i think it will be hard, and on the other hand Clinton will win the elections and the rate will be increased.

So thats my analysis, but we have to hold the position to a very good profit on short.
Im a Crocodile, Im a Sniper. Patience is everything.
  • #443,262
  • Oct 10, 2016 10:24am Oct 10, 2016 10:24am
Quoting cspip
{quote} {quote} No, really........ I was aiming for that price ~1.2050 Check this post from 2 years ago :- {quote} That was Aug 2014, after that post it never looked back and kept dropping. Back then there was no Brexit, the Scottish Referendum hadn't even taken place yet. Everyone was still bumming over the Greek economy......(And notice that 1.2764 has become a recent major resistance...) That is from 1.6780 in Aug 2014 to 1.2030 in Sep 2016.......... I was out by just 20 pips and so close to the time frame. Total drop, 4,730 pips, .........must...
I always knew you had a sense of humour cspip - just didnt know it was that far .. here u go champ first prize goes too ..
  • #443,263
  • Oct 10, 2016 10:31am Oct 10, 2016 10:31am
Gearing up to go long once again ..
  • #443,264
  • Oct 10, 2016 11:02am Oct 10, 2016 11:02am
Quoting dean1star
{quote} I always knew you had a sense of humour cspip - just didnt know it was that far .. here u go champ first prize goes too ..
now i see he is a joker not you man.
  • #443,265
  • Oct 10, 2016 11:02am Oct 10, 2016 11:02am
Im buy from 1.2366, waiting pulback to 1.2725 just my opinion..will see how the market goes
  • #443,266
  • Oct 10, 2016 11:17am Oct 10, 2016 11:17am
when should i trade a heavily uncertain, totally news driven currency? when news comes up.
  • #443,267
  • Edited Oct 11, 2016 1:40am Oct 10, 2016 11:46am | Edited Oct 11, 2016 1:40am
lol its funny ,but off the mark government can't be at fault if it all goes pear shape
all their doing is carrying out a instruction against their original advise
theres no way your pie in the sky view could ever happen no way to start process with opt out later somehow
no way you can start negotiations with the other side thinking if the deals bad for UK could be re vote in
good job your not in business

Quoting cliffedwards
{quote} Yeah.. hes going to announce a new simple 3 step government strategy for Brexit.. 1. Safety catch OFF 3. Aim carefully at Foot. 3. Pull Trigger. ROFL
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,268
  • Oct 10, 2016 12:37pm Oct 10, 2016 12:37pm
weird thing on my data regarding the low I wonder its been updated to higher over 500p over weekend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 6 month USD (DFB).png Size: 30 KB
Click to Enlarge Name: 1,6 month USD (DFB).png Size: 34 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,269
  • Oct 10, 2016 12:40pm Oct 10, 2016 12:40pm
Quoting 4xforfun
{quote} Yes but if I add another 10k will that help total balance would be 29K can I save if it goes to 1.14 I may close my gold. I really don't need this money I am just playing for fun I am not active all the time but of course I don't want to lose money
If it is REAL money and you don´t need it, please, don´t deposit. Use it to take homeless people to a restaurant and buy them a good pair of foot wear.
Please add more indicators, I still see the real price! Thanks!
  • #443,270
  • Oct 10, 2016 12:50pm Oct 10, 2016 12:50pm
Quoting 4xforfun
{quote} Yes but if I add another 10k will that help total balance would be 29K can I save if it goes to 1.14 I may close my gold. I really don't need this money I am just playing for fun I am not active all the time but of course I don't want to lose money
At the moment, the market is going down. I'd rather you get out and sell. There is no point holding on to a loser when you could be making money
I'm high on trading, cant you tell?
  • #443,271
  • Oct 10, 2016 1:46pm Oct 10, 2016 1:46pm
Guys
There might a trade deal talk going on with Aus & UK .Keep it tracked this might bring some spike if the deal is done
Happy Pips
  • #443,272
  • Edited 7:41pm Oct 10, 2016 2:23pm | Edited 7:41pm
the truth is there is no free trade to the EU for a contributing countries,I would think UK is much more likely to strike deals outside

Is our net 10 billion contribution to the EU a price worth paying for tariff-free access to the EU market? If we left the EU with no trade deal inconceivable given the tariff-free zone from Iceland to Turkey our exports would face EU tariffs averaging just 2.4 per cent.
But our net contribution to the EU budget is equivalent to a 7 per cent tariff. Paying 7 cent to avoid 2.4 per cent costs is miss-selling that dwarfs the PPI scandal!
Does EU membership help us negotiate free trade deals with the rest of the world? Tariff-free access to the fast growing, protected markets of Asia, Africa and Latin America would be worthwhile. Unfortunately, EU membership prevents us negotiating free trade deals and the EU has negotiated few deals for us: none with China, India, Australia, Brazil.
Does the EUs size mean it gets better deals than we could alone? This is the reverse of the truth. The more countries involved in a trade deal the harder, slower and worse the result.
All 28 EU members have a veto on their negotiations which is why EU deals take so long and exclude so much. Bilateral deals are simpler, quicker and more comprehensive.
Hence Chile has deals covering countries with collective GDP five times the EUs deals. Even Iceland population less than Croydon has a trade agreement with China as does Switzerland.

It gets worse if you count
trade deficit between UK & EU assuming 2.4% on EU imports
looks like the cost of leaving is additional 2.4% of the 18 billion to the UK Government with no export tariff to me ,so whats the downside economically

Overseas Trade Statistics. In August 2016 the value of exports (EU and Non-EU) decreased to 23.3 billion, and imports (EU and Non-EU) increased to 41.4 billion, compared with last month. Consequently the UK is a net importer this month, with imports exceeding exports by 18.0 billion.




Quoting jsphshi
Guys There might a trade deal talk going on with Aus & UK .Keep it tracked this might bring some spike if the deal is done Happy Pips
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,273
  • Oct 10, 2016 2:50pm Oct 10, 2016 2:50pm
data change makes the thing look more plausible
I ask my broker what is the low ,why the change
but also it changes my perspective that we seen the low this Q
monthly open is a major bullish issue


Quoting Bones
weird thing on my data regarding the low I wonder its been updated to higher over 500p over weekend {image} {image}
Attached Image(s) (click to enlarge)
Click to Enlarge Name: d1 USD (DFB).png Size: 32 KB
Click to Enlarge Name: d1 example USD (DFB).png Size: 22 KB
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #443,274
  • Oct 10, 2016 3:01pm Oct 10, 2016 3:01pm
Quoting Crackpot
{quote} If it is REAL money and you dont need it, please, dont deposit. Use it to take homeless people to a restaurant and buy them a good pair of foot wear.
Or he could help some of us fund our accounts
  • #443,275
  • Oct 10, 2016 3:05pm Oct 10, 2016 3:05pm
Quoting USD-charts
{quote} Or he could help some of us fund our accounts
I agree with you totally. I for one really need a boost.
  • #443,276
  • Oct 10, 2016 8:32pm Oct 10, 2016 8:32pm
Quoting USD-charts
{quote} Or he could help some of us fund our accounts
 
+1
​
Don't trust me. I'm still newbie
  • #443,277
  • Oct 10, 2016 9:34pm Oct 10, 2016 9:34pm
Quoting Badem
{quote} Worst daily close since 1985 - bottom pickers be ware. I'm with you - short the shit out of it below 1.2790. 161.8 ext at 1.2385
I repeat: BOTTOM PICKERS BEWARE.

Amazing how many are still trying it ... fool me once etc
  • #443,278
  • Oct 10, 2016 10:11pm Oct 10, 2016 10:11pm
--
Attached Image
  • #443,279
  • Oct 10, 2016 11:39pm Oct 10, 2016 11:39pm
Quoting chiny-fx
{quote} Thats not happening
Well we reached there in a big hurry ....
  • #443,280
  • Oct 11, 2016 12:43am Oct 11, 2016 12:43am
Looking for shorting opportunity today, around 2360

Yesterdays trade panned out
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM30mn.png Size: 42 KB
I'm high on trading, cant you tell?
959 traders viewing now, 1 is registered: