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snapdragon1970 (snapdragon1970)
Jul 20 2017 at 15:39
1944 posts
Short now on eur/gbp ,I might be a bit early, looks more like a temporary pullback 124pips on eur/usd so its been a good day.

"They mistook leverage with genius".
Costarican96 (Costarican96)
Jul 20 2017 at 16:19
30 posts
What's your TP for EUR/GPD. Do you see this as a pullback or complete reversal

snapdragon1970 (snapdragon1970)
Jul 20 2017 at 16:32
1944 posts
There's major support down at 88600, we got a bit of a sell off at 3.45 ish which is normal day closing of positions/profit taking ,not much though, usually followed by false buy signals, most news is euro positive so doubtful a reversal.

"They mistook leverage with genius".
Costarican96 (Costarican96)
Jul 20 2017 at 16:44
30 posts
Thanks. It looks like its turning over for the end of the New York Session. It has a positive swap short as well so I believe it will make a good intraday trade with a moderate trailing stop.

snapdragon1970 (snapdragon1970)
Jul 20 2017 at 17:17
1944 posts
Just had a algo spike at 6.09 ,not good trading when the algo's are out still short but ill close this trade just before 7, not often Id use a trailing stop unless I'm away from pc.

"They mistook leverage with genius".
Costarican96 (Costarican96)
Jul 20 2017 at 18:30
30 posts
Banked 15 pips off that double top

snapdragon1970 (snapdragon1970)
Jul 20 2017 at 19:12
1944 posts
Well done, think Ill let both these trades sit for now until 10, eur/gbp looking more bearish of the two.

"They mistook leverage with genius".
mlawson71
Jul 21 2017 at 13:34
1487 posts
I got about 50 pips from the rally yesterday and I am pleased. I won't be trading this pair any more for this week.

snapdragon1970 (snapdragon1970)
Jul 21 2017 at 13:42
1944 posts
mlawson71 posted:
I got about 50 pips from the rally yesterday and I am pleased. I won't be trading this pair any more for this week.


Great work, Ill be away from pc for the rest of the day, just set an alert for 90 to my cell phone.

"They mistook leverage with genius".
mlawson71
Jul 22 2017 at 11:27
1487 posts
I just hope that next week we can see such good moves in a single direction that can be used to trade this pair, and not more choppiness.

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