Most people who voted leave were from poorer and disadvantaged backgrounds, many from deprived Northern towns. It is a myth that the vote was just down to some old people wanting out. This is more about class and social status. For alot of the ...

Cable Update (GBPUSD)

This is the problem as far as I understand. The democratic referendum vote was not legally binding but more of the countries opinion and recomendation. Parliament members would then have to vote on the motion using the referendum as a guide. Brexit ...

Cable Update (GBPUSD)

This is big news. If court rules for the people then brexit is likely to be off as I would be suprised if it gets voted through in parliament.

Cable Update (GBPUSD)

Mrs May being strong on article 50 saying it will be done by March 2017. Makes you wonder will a lengthly legal challenge be an excuse for not triggering article 50 by this date? Hmm

Cable Update (GBPUSD)

New to these harmonic patterns so my first attempt. Forgive the bad drawing Weekly E/G bearish butterfly.

Mr. Scott's Crayon Thread

Just a rumour that went round which looks to be untrue but caused a spike.

EURUSD

Im looking at EUR/GBP short. Im waiting for more news on Deutshe Bank. This could be the catalyst.

Cable Update (GBPUSD)

Its absolutely fascinating stuff Id love to be a fly on the wall at the negotiations.

Cable Update (GBPUSD)

Yep both sides playing hard ball purely to have a good stance at the negotiating table. It wouldnt surprise me if further down the line the Tories with regards to Brexit will make comparisons of May to Thatcher. A woman not for turning.

Cable Update (GBPUSD)

Yes other countries have intelligence but UK intelligence is one of the best in the world.

Cable Update (GBPUSD)

It was a veiled threat within Mrs Mays speech.

Cable Update (GBPUSD)

Mrs May going for hard line stance and posturing from a position of 'strength' ready for Brexit negotiations. A new bargaining chip has come into play. If Britain are denied access to the single market then there is a threat of MI5/MI6 British ...

Cable Update (GBPUSD)

All new large moves retraced 61.8%. I should add however I ignore any retraces of 38% in a move as invalid.

Cable Update (GBPUSD)

This was a pattern of behaviour I noticed and wanted to investigate in cable. The result in every large move using 4 hour charts is eventually 61.8% retrace at least must be hit. Sometimes the retrace would do full 100% + but the key thing is every ...

Cable Update (GBPUSD)

Something a little different and interesting regarding Fib moves in cable. The spreadsheet shows just over a years worth of data. 1st column shows the size of large moves in cable before price retraces at least 61.8%. This is based on daily charts ...

Cable Update (GBPUSD)

Yes but is approaching the yearly low so good chance of a retrace.

Cable Update (GBPUSD)

Anger leads to hate which leads to the dark side.

EURUSD

Rumours of people buying out or supplying cash to Deutshe bank which is why we are seeing big Euro moves in last hour or so.

Cable Update (GBPUSD)

It may not collapse but there is a lot of similarity to Lehman Brothers so investors are leaving in droves. The bigger worry is will it have a knock on affect on other banks in Germany and around the world. With the risk I would be short Euro for ...

Cable Update (GBPUSD)

url Worth a read with German bank crisis.

Cable Update (GBPUSD)