EUR/GBP
Member Since Sep 12, 2015
1948 posts
Dec 07, 2016 at 18:02
On the 4HR chart R1 85750 S1 at 83040,its just bounced off 85500,might be a quick short with low risk tight stop.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 08, 2016 at 13:55
No trades on Eur/Gbp during the ECB meeting , we saw a spike which almost hit 85700, next stop I see S1 84200,I will be watching to see activity around that area.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 08, 2016 at 14:19
Eur/Usd is getting closer to 0.6000 level that maybe a turning point to trade GBP , wait and see.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Dec 09, 2016 at 12:44
Do you think EUR/GBP could fall all the way to 0.8330 again?
Member Since Sep 12, 2015
1948 posts
Dec 09, 2016 at 14:25
I'm using EUR/USD as a guide which I think could go back down to .5000 level if we get a bounce off that level I would look at EUR/GBP then.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 09, 2016 at 14:45
Keeping an eye on Gopro which I bought at 9 two days ago.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 12, 2016 at 14:13
Still long on eur/gbp from last night , I moved up the stop loss to break even, I will hold this trade till it hits breakeven point.
"They mistook leverage with genius".
Member Since May 22, 2016
12 posts
Dec 13, 2016 at 07:41
Waiting for a daily close above 8572 for bullish confirmation.
Member Since Dec 11, 2015
1487 posts
Dec 13, 2016 at 12:24
I don’t think there will be a bullish confirmation today.
Member Since Sep 12, 2015
1948 posts
Dec 13, 2016 at 12:32
primefxtrading posted:I wouldn't use closing price for bullish confirmation , that was used in the past but its unreliable now.
Waiting for a daily close above 8572 for bullish confirmation.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 13, 2016 at 12:51
Two nice trades on eur/gbp, next Ill wait till we hit 83000 or a change in eur/usd and gbp/usd.
"They mistook leverage with genius".
Member Since May 22, 2016
12 posts
Dec 14, 2016 at 07:55
Long at 38.2% 8406 with SL 8304 TP 8572.
Member Since Dec 11, 2015
1487 posts
Dec 14, 2016 at 12:11
This is not a Dollar-related pair, but do you think that the FED interest rate news later today will have a big effect on it?
Member Since Sep 12, 2015
1948 posts
Dec 14, 2016 at 12:52
(edited Dec 14, 2016 at 12:54)
Everything is Dollar related, its a major trading currency, if eur/gbp does some crazy move before FED news you will know its being priced in by speculators , if it runs flat before hand I would expect whipsaw . If the market believes rates will go up, it wont be a shock so there shouldn't be much of a move.I will be listening on FJ.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 14, 2016 at 14:06
Data for the US was mixed , one other thing to consider today, how will algos react to the news , I'm sure some will be switched off and some left on through the event , is there enough manual traders to cover , I doubt it.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Dec 14, 2016 at 20:05
(edited Dec 14, 2016 at 20:12)
Would like to see eur/gbp completing its round trip back to the earlier spike down 83410,I went short from 83786 my first trade after the news,I let it play out as long as possible until what looks like a roll over.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Dec 18, 2016 at 10:59
If it does continue falling next target will be around 0.8250, I think.
Member Since May 22, 2016
12 posts
Dec 19, 2016 at 07:28
Possible pullback from 8305 to 8703-8949 area before resuming downtrend again to 7860
