EUR/GBP
Member Since Sep 12, 2015
1948 posts
Sep 18, 2017 at 17:47
On the 1hr chart we can see this kind of curved bottom,sometimes this is a strong signal of support by large investors.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Sep 20, 2017 at 14:50
snapdragon1970 posted:
On the 1hr chart we can see this kind of curved bottom,sometimes this is a strong signal of support by large investors.
True. It might form a double bottom before it starts climbing again though. I've closed my short for now.
Member Since Sep 12, 2015
1948 posts
Sep 21, 2017 at 10:34
MP May has her speech tomorrow in Florence,I'm sure we won't be hearing anything new,still just be aware of it.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Sep 23, 2017 at 14:05
It did form a double bottom. Next week we might see a rally again.
Member Since Sep 12, 2015
1948 posts
Sep 23, 2017 at 17:06
Down graded by moody plus a softer tone by May on brexit ,next week could be interesting, as long as Kim Jung doesn't start dropping bombs
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Sep 24, 2017 at 12:48
snapdragon1970 posted:
Down graded by moody plus a softer tone by May on brexit ,next week could be interesting, as long as Kim Jung doesn't start dropping bombs
If he starts doing that Forex will be the least of anyone's problems, I think. :(
Member Since Sep 12, 2015
1948 posts
Sep 24, 2017 at 20:52
Long as they keep it a war of words ,little rocket man might see his next birthday.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Sep 25, 2017 at 12:54
EUR/GBP is stubbornly testing the support at 0.8780, do you think it might break out below it after all?
Member Since Nov 21, 2011
1718 posts
Sep 25, 2017 at 13:23
Trying Long @ 0.8785
SL 1 pips below the low.
SL 1 pips below the low.
Member Since Sep 12, 2015
1948 posts
Sep 25, 2017 at 18:38
Its tested this 87900 level a few times ,if in doubt check the longer time frames for clearer direction, at the moment we are in limbo until we get some news event on the shorter time frames.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Sep 25, 2017 at 18:47
The mention of war has pushed some commodities higher ,Gold is doing pretty good
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Sep 26, 2017 at 09:35
Sellers still having a bash at Eur/gbp dip demand holding it back from further declines ,87500 would be an area of major support.
"They mistook leverage with genius".
Member Since Nov 21, 2011
1718 posts
Sep 26, 2017 at 10:23
Back to 0.84 as soon as we break below 0.8750
Attachments:
Member Since Sep 12, 2015
1948 posts
Sep 26, 2017 at 17:58
Its doubtful it will break much lower than it is for now, keep an eye on eur/usd its making a shot at 18, Eur/gbp is usually slow to follow ,are sellers ready to switch to buyers yet? wait and see in a few mins.
"They mistook leverage with genius".
Member Since Nov 21, 2011
1718 posts
Sep 27, 2017 at 11:13
Daily and especially H4 look very bearish.
Shorted 0.8755
Too many Long traders since weeks (now over 65%)
Shorted 0.8755
Too many Long traders since weeks (now over 65%)
Member Since Sep 12, 2015
1948 posts
Sep 27, 2017 at 14:53
I'm long from 87500 ,yes the trend does look negative on the higher time frames,I'm looking to catch a few pips on the daily London close,stop loss is close by even if I have the timing wrong.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Sep 27, 2017 at 15:28
The trend is still negative but there are signs it's getting exhausted. Maybe there will be a reversal soon.
Member Since Sep 12, 2015
1948 posts
Sep 27, 2017 at 16:24
On the 15 min chart we are seeing an up trend taking place ,will it hold though we just have to keep an eye ,spiked up earlier to take out the shorts at 87700 buyers sitting above,eur/usd is leading the way.
"They mistook leverage with genius".
Member Since Nov 21, 2011
1718 posts
Sep 27, 2017 at 16:56
Hope you enjoyed the rally... I try again short this time @ 0.8780
Member Since Sep 12, 2015
1948 posts
Sep 27, 2017 at 17:07
I'll let it play out for another hour if that trend line holds while I have a coffee.
"They mistook leverage with genius".
