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BaldoN (BaldoN)
Mar 07 2017 at 09:48
522 posts
Hello,
It seems for this market need to stay from the long side :)
Maybe soon we will go up to 0.8700.

snapdragon1970 (snapdragon1970)
Mar 07 2017 at 12:46
1944 posts
The range is thinning out, we should get a breakout soon, Its looking like it wants to head lower for a pull back.

"They mistook leverage with genius".
mlawson71
Mar 07 2017 at 12:58
1487 posts
I agree, it’s time for longs. I think it may climb way above 0.8700.

snapdragon1970 (snapdragon1970)
Mar 07 2017 at 15:22
1944 posts
It looks like we are swinging either side of 86700, I will sit on the side for now.

"They mistook leverage with genius".
BaldoN (BaldoN)
Mar 08 2017 at 10:49
522 posts
Hello,
EUR/GBP - seems for me will go further up - around 0.8700/10 due to GBP weakness against the US dollar. EUR is also losing ground against the US dollar, but somehow stay a bit stronger :)

snapdragon1970 (snapdragon1970)
Mar 08 2017 at 11:26
1944 posts
If you look at the 4hr chart you can see we are bouncing between extremes with eur/usd 0500 and 06200, data from Europe is quite good same as US, with the elections in sight we will get some swings, pound should be a nice trade as we get closer to exit date.

"They mistook leverage with genius".
mlawson71
Mar 08 2017 at 12:12
1487 posts
snapdragon1970 posted:
If you look at the 4hr chart you can see we are bouncing between extremes with eur/usd 0500 and 06200, data from Europe is quite good same as US, with the elections in sight we will get some swings, pound should be a nice trade as we get closer to exit date.


We don’t even know when the exit date will be though. Or did they set it?😕

snapdragon1970 (snapdragon1970)
Mar 08 2017 at 12:14
1944 posts
Its suppose to be the 15th ,but god knows if that will actually happen its clear as mud!!!

"They mistook leverage with genius".
snapdragon1970 (snapdragon1970)
Mar 09 2017 at 13:18
1944 posts
We had a sudden drop on the FTSE100 yesterday evening, I was sharing with some other traders the possible bounce we would get on eur/gbp at London open as a result, well it hit 87 then I did a short great start to the day, happy trading!!!

"They mistook leverage with genius".
mlawson71
Mar 10 2017 at 13:21
1487 posts
snapdragon1970 posted:
We had a sudden drop on the FTSE100 yesterday evening, I was sharing with some other traders the possible bounce we would get on eur/gbp at London open as a result, well it hit 87 then I did a short great start to the day, happy trading!!!


It’s well above 0.87 now, I think it will reach 0.88 with ease.

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