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mw108 replied Dec 8, 2020After entering the trade, the Pound indeed saw some minor downside. Then some positive Brexit comments hit the wires. This saw some minor upside in the Pound. Other than that, the market didn't react more and is still in a wait-and-see mode. I think ...
Real Trading
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mw108 replied Dec 8, 2020EURGBP Buy @ 0.90695 GBPUSD Sell @ 1.33505 Brexit negativity again. The market reaction was very mute to this comment. Maybe the hopes are still in the meeting between PM Johnson and UVDL (probably taking place tomorrow). So the risks to this trade ...
Real Trading
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mw108 replied Dec 8, 2020EURGBP Buy @ 0,90763 GBPUSD Sell @ 1,33551 Brexit negativity again. With the downbeat day yesterday and literally no progress made and time is running out, news like these could sour the market's positive Brexit bias. Edit: On the other hand, there ...
Real Trading
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mw108 replied Dec 7, 2020Some mixed comments from the Brexit front throughout the day. At the beginning of the London / UK session we had a quite some negative comments, that suggested that still no progress has been made on the three main issues (fishery, governance, lpf). ...
Fundamental Trading
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mw108 replied Dec 7, 2020A lot of negative Brexit headlines hitting the news wires this morning. The chance of a "no-deal" is looking more and more possible. If there is no "last minute" agreement and the UK walks away from the talks, there will be a massive selling ...
Fundamental Trading
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mw108 replied Dec 7, 2020Closed both positions. EURGBP @ 0.91260 GBPJPY @ 138.200 Low punch to the Brexit negotiations: If PM Johnson pulls out of the talks, there is way more downside to be expected in the Pound.
Real Trading
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mw108 replied Dec 6, 2020EURGBP Buy @ 0.90451 GBPJPY Sell @ 139.592 More Brexit negativity. The market might price in a possible "no-deal" outcome.
Real Trading
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mw108 replied Dec 6, 2020Some more negativity around Brexit and maybe another opportunity to short the Pound.
Fundamental Trading
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mw108 replied Dec 6, 2020Not really. Especially Forex trading, can be both long- and med-term aswell as short-term and intraday. There are a lot of opportunities, especially when you are subscribed to a real-time squawk. Statements from central bank members, geopolitical ...
Fundamental Trading
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mw108 replied Dec 3, 2020I was on the pessimistic side today, short the Pound, which didn't pay out in the end. Market was again in an optimistic mood throughout the day and further priced in a deal outcome. Brexit tones turned more sour in the afternoon though, which ...
Fundamental Trading
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mw108 replied Dec 3, 2020Closed with little profit, or actually more B/E. Overstayed my welcome. Haven't been on the screen / listening to the Squawk. Brexit tones soured in the afternoon again, which caused a significant pullback. And then mixed with some positivity ...
Real Trading
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mw108 replied Dec 3, 2020Closed the EURGBP positions aswell at 0,90219, -0,1% loss. More Brexit optimism hitting the wires. url Don't want to enforce my bias. EURGBP Sell @ 0.90216 GBPUSD Buy @ 1.34669
Real Trading
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mw108 replied Dec 3, 2020Both GBPUSD positions got stopped out at 1.34618, -0.2% loss. USD weakness pushing GBPUSD higher, aswell as the market sentiment still pricing in a deal outcome. EURGBP still running. I'm still skeptical though. I doubt they come to an agreement on ...
Real Trading
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mw108 replied Dec 3, 2020Added a position to EURGBP (Buy 0.90312) and GBPUSD (Sell 1.34165) So they are trying to resolve the issues, which they couldn't agree on for months and where neither sides wants to budge, by tomorrow. I don't buy it.

Real Trading
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mw108 replied Dec 3, 2020So they are trying to resolve the issues, which they couldn't agree on for months, by tomorrow. Makes sense.

Fundamental Trading
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mw108 replied Dec 3, 2020Regarding Brexit: The tone is getting more sour. But the market is still optimistic that they will get a deal done in the next days, which is reasonable though, because both sides want a deal. So the question is: Who gives in first and is making ...
Fundamental Trading
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mw108 replied Dec 3, 2020No follow through from the market so far on the building negative tensions. Some more optimistic tones hitting the wires: Also Market is still optimistic that they will get a deal done in the next days, which is reasonable though, because both sides ...
Real Trading