Feb 26 2017 at 20:56
'In the days ahead, a few upcoming data releases are likely to catch traders’ collective attention and drive the Euro. The second reading of Q4’16 French GDP, due out on Tuesday, could be fodder for the elections. Perhaps more directly related to policy, preliminary February German inflation and Euro-Zone inflation data, due out on Wednesday and Thursday respectively, may serve to cushion the Euro. Signs that inflation is returning to the region’s largest economy (and the region more broadly) may serve as support for the idea that the European Central Bank won’t loosen its policy further at said time'.
"They mistook leverage with genius".
Feb 27 2017 at 12:26
snapdragon1970 posted:
'In the days ahead, a few upcoming data releases are likely to catch traders’ collective attention and drive the Euro. The second reading of Q4’16 French GDP, due out on Tuesday, could be fodder for the elections. Perhaps more directly related to policy, preliminary February German inflation and Euro-Zone inflation data, due out on Wednesday and Thursday respectively, may serve to cushion the Euro. Signs that inflation is returning to the region’s largest economy (and the region more broadly) may serve as support for the idea that the European Central Bank won’t loosen its policy further at said time'.
Hopefully that will finally end the EUR/GBP range, it’s very frustrating.😕
Feb 27 2017 at 13:33
I'm only trading extremes and some scalping, more volatility to come with a possible Scottish vote and EU citizens rights on Brexit.
"They mistook leverage with genius".
Feb 28 2017 at 11:49
I have another short-term long, TP is at 0.8550.
Feb 28 2017 at 12:09
mlawson71 posted:
I have another short-term long, TP is at 0.8550.
Looks like we still in the up trend for now, 85250 mean price
"They mistook leverage with genius".
Feb 28 2017 at 14:16
Just gone short eur/gbp on sign of weakness ,TP at 85100 with further downside possible
"They mistook leverage with genius".
Mar 01 2017 at 13:27
I'm short at 85500 it looks like we may get some weakness.
"They mistook leverage with genius".
Mar 01 2017 at 15:11
Got knocked out of that last trade, to busy typing on another blog missed the dip, looks like an up trend at the moment although we had large engulfing bars at 2.35 ,we might get some downside coming close to London close or 3.30.
"They mistook leverage with genius".
Mar 05 2017 at 12:49
The market closed at a very distinct double top at 0.8640, I think next week it will drop again. The range isn’t over yet.
Mar 05 2017 at 16:00
Finished the week with a nice profit on eur/usd and eur/gbp ,might go short on eur/usd depending on news some German PMI on Monday. On eur/gbp 086280 needs to hold to go higher , yes it did test the previous high 86400 which is encouraging ,I try to ignore closing prices as they can give a deceptive view.
"They mistook leverage with genius".
