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- VM. replied Dec 7, 2020
Fix did not give any clues today. Sometimes it's non-stop buying before the fix, and you know you have to sell after. Today it's sort of undecided.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
If there will be an announcement today, then it will be no deal. But reading the news, I think we are not ready just yet. Some progress is made, and Johnson don't want be the one to pull the trigger. He want to be provoked so that he can say he had ...
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I don't expect GU to come back to 1.35, unless we have a Brexit deal. Which I also don't expect.
But you were right on gold, it seems.Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I watch similar set of instruments + Dow. I guess breakout is reasonable expectation, but may be a double top. Dow is being sold atm.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Well, I fear the known in this case.
I don't know enough about small/medium businesses to tell. Maybe some will benefit, or think they will. English commoner -- depends; pensioners yes, youth no, working class probably yes (and will be hit the ...Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Woke up early today as I expected Frankfurt and London to be selling hard. Yes, chances come pretty much every day. I lost money on revenge trading every time I felt that I missed a chance of a lifetime.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Well, I just translated what you said into layman's terms. I wonder how many people would vote for Brexit if this was clearly articulated by Leavers at the time of referendum. But you are right, no need for ridicule, I apologize. I am just very sad ...
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
That's the right attitude!
You buy dips, I sell spikes, but we both need dips and spikes, don't we? 
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Higher, please. You bulls have 2 hours until 4pm, make them count. I want to short from 1.34 again.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I myself will probably wait until London fix at 4 pm unless we get really high. Tried to reenter with tight stop at 1.328, but lost a few pips, that's fine. By the way, I really hate putting stop at BE (or BE + a few pips). It hits me almost every ...
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
"Here's your Magic Potion. You will be crippled for the next 5-10 years if you use it. But if you survive, after that you can continue as normal, maybe better."
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
UK wants to get rid of GBP. US wants to get rid of USD. Can you blame them?

Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Important: "Call now scheduled - 4pm UK time, 5pm Brussels" url Be very careful around this time and beyond. Possible results of the call: 1) we continue talks; 2) no deal. "Deal" is not a possible option.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I see where you are coming from, just do not have a conviction in this case. I also think shorting some particular companies (more domestic, and those that will be hit by export/import mayhem) may be a good idea; although they may have been hit ...
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I am a bit cautious on FTSE as it is inversely correlated with pound. After Brexit, FTSE actually went up substantially. But I am not an expert here.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I don't expect a deal, but another rumour of a breakthrough (as usual, unsubstantiated) may send GU into a frenzy. We have seen it so many times.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
I feel for you. Had many similar stories, although in my case I usually am not stopped out but close too early. And I did miss an entry at 1.35+, even though I waited for it for months as well.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
Yeah, it's always funny when I close my position and suddenly start rooting for the other team. Would be happy with 1.33 untouched, I just want to find a good place for a new entry.
Cable Update (GBPUSD)
- VM. replied Dec 7, 2020
As I closed my sell too early, I now hope bulls can make a good recovery.
But first, they have to break 1.328. Dollar starts to lose against other currencies, help may come in US session, before the final drop when no deal is declared after ...Cable Update (GBPUSD)