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Catempire replied Dec 22, 2020Understanding fundamentals is depressing & mind bending. Agreed.
Cable Update (GBPUSD)
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Catempire replied Dec 22, 2020Smarty money aren’t positioning themselves on the chart. shi t worthless companies still go up in value.. smart money still sells. because smart money isn’t stupid & buys off... fundamentals ? stupid money buys off f a other than a whim ?? pre ...
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Catempire replied Dec 22, 2020I’m not a day trader. Don’t want to be a day trader. been trading for 12 years. Not currencies very often. know what it’s called. traded a few. Markets. fundamentals > psycology > technicals in that order. People clued up do not buy a business that ...
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Catempire replied Dec 22, 2020More ? brexit & the rona? unless they want civil unrest or complete disregard for the system?
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Catempire replied Dec 22, 2020Yes until no. when markets crash technical analysis traders are all stood round scratching their heads wondering why the charts lie. sometimes the elephant is too fooking obvious to ignore. Take note!
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Catempire replied Dec 22, 2020Agree with what you’re saying & I would be wrong to knock it. fundamentals drive the price. Technicals shape the road. those calling for new highs? 5 days to go. lorries already stacked up at Dover, businesses will struggle, U.K. losing 20% of its ...
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Catempire replied Dec 22, 2020Noted & respected Headland. I do feel we are on the same page, just reading a different book. Mine being fundamentals, yours being technicals, eventually they will both lead to the same outcome.
Cable Update (GBPUSD)
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Catempire replied Dec 22, 2020Fundamentals is a waste of time of course because people buy and sell billions of pounds worth of something based on, fu*k all ? Everyone just decides to do it at exactly the same time.. based on. Nothing. follow the money ? okay.
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Catempire replied Dec 22, 2020Volatile market. we all know what’s coming ? some of us do ? or fundamentals have no relation to price action whatsoever ?

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Catempire replied Dec 22, 2020Don't mind as long as she goes to 1.22 before 1.37
Fundamentally falsely inflated market will only ever hold up for so long before people start cashing out. 5 trading days, U.K. economy has shot itself. It will come.Cable Update (GBPUSD)
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Catempire replied Dec 22, 2020Is the market finally having a reality check?? getting with the program GBP ?? about bloody time. Hope so !! screw the money I’m more concerned about losing the bet and not posting.
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Catempire replied Dec 21, 2020"2/3rds of the UK’s fish quota goes to just 3 multinationals; boats under 10m long get just 4% though they account for 77% of fishers. Greenpeace found a 1/4 of Britain’s quota was owned by five families, all in the Sunday Times rich list."
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Catempire replied Dec 21, 2020This market will have chewed up and spat out a few traders over the last month.
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Catempire replied Dec 21, 2020I am on the side of the fundamentals. I am also of the view the effects of brexit will be way beyond what anyone imagine today. I am also more inclined to support the view that brexit “could” cause £ / $ parity. Anyone with sense won’t be holding ...
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Catempire replied Dec 21, 2020I tend to agree with you but I feel like giving Jay a fighting chance, I do believe he will need it
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Catempire replied Dec 21, 2020Not entirely sure how people are still thinking 1.37 but I was saying this one month ago for 1.36 and was wrong. just seems strikingly obvious that regardless of the tabloids anyone with a tiny amount of FA knowledge can see the U.K. will be in a ...
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Catempire replied Dec 21, 2020True, pretty certain they can’t do a deal in time now anyways as it needs voting through in the EU. Boris has already received permission from cabinet to no deal.
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Catempire replied Dec 21, 2020v.m until Boris backs down there won’t be a deal.
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