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EUR/GBP
Member Since Sep 12, 2015
1948 posts
Mar 13, 2017 at 12:42
(edited Mar 13, 2017 at 12:45)
Member Since Sep 12, 2015
1948 posts
I just closed my short positions at 87310, nice trade from Friday ,had a feeling it might weaken so I kept buying.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 13, 2017 at 17:37
Member Since Sep 12, 2015
1948 posts
Wednesday is the Dutch election, we wont know the results till Thursday, plus the FOMC and the freeze on borrowings.
We had some buyers up at 87450 but not enough to sustain ,at the moment its still in decline, I have no trades on it not till we get a reasonable bottom, seeing some posts that it might bottom at 86, anything is possible at the moment.
We had some buyers up at 87450 but not enough to sustain ,at the moment its still in decline, I have no trades on it not till we get a reasonable bottom, seeing some posts that it might bottom at 86, anything is possible at the moment.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 13, 2017 at 17:42
Member Since Sep 12, 2015
1948 posts
Just took a look at the daily chart ,some support at 86500 ,plus it would match up with the BB midpoint, not to say it would actually hold.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 14, 2017 at 11:26
Member Since Dec 11, 2015
1487 posts
With all the news coming out this week I too have closed all my positions for now and I'm waiting. Better to be safe than sorry.
Member Since Sep 12, 2015
1948 posts
Mar 14, 2017 at 12:24
Member Since Sep 12, 2015
1948 posts
Not a bad idea ,I have been talking to other traders doing the same.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 14, 2017 at 12:29
Member Since Sep 12, 2015
1948 posts
MP May wont be attending the European meeting on the 25th ,so it looks like a possible exit before that date.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 14, 2017 at 20:19
Member Since Sep 12, 2015
1948 posts
Looking at Gold ,it has popped under 1200 ,its looking like it wants to go higher, maybe at Asia open.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 15, 2017 at 11:36
Member Since Dec 11, 2015
1487 posts
snapdragon1970 posted:
Looking at Gold ,it has popped under 1200 ,its looking like it wants to go higher, maybe at Asia open.
With the FOMC news coming out today nothing is certain, if you ask me.
Member Since Sep 12, 2015
1948 posts
Mar 15, 2017 at 13:24
Member Since Sep 12, 2015
1948 posts
That's why I'm trading Gold, until I see something more interesting.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 15, 2017 at 18:21
Member Since Sep 12, 2015
1948 posts
Nice move on Gold that's my profit for the week,25bps is what I was expecting, time for a beer.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 18, 2017 at 11:56
Member Since Dec 11, 2015
1487 posts
I used the EUR/GBP move to the downside on Friday. I think it will keep falling next week too.
Member Since Sep 12, 2015
1948 posts
Mar 18, 2017 at 16:13
Member Since Sep 12, 2015
1948 posts
The shorts in the GBP increased by 26K in the current week to short 107K. That is a record short level for the GBP.
Last week shorts were increased by 15K, always be careful though when you see these figures as they are lagging and possible turn around if its maxed out. EUR short 41K vs 59K short last week. Shorts trimmed by 18K.
Last week shorts were increased by 15K, always be careful though when you see these figures as they are lagging and possible turn around if its maxed out. EUR short 41K vs 59K short last week. Shorts trimmed by 18K.
"They mistook leverage with genius".
Mar 19, 2017 at 08:03
Member Since Dec 27, 2014
7 posts
Member Since Dec 11, 2015
1487 posts
Mar 20, 2017 at 12:46
Member Since Dec 11, 2015
1487 posts
I have a short too, even though it's clearly struggling to break below 0.8660.
Member Since Sep 12, 2015
1948 posts
Mar 20, 2017 at 12:57
Member Since Sep 12, 2015
1948 posts
I see a date for Brexit 29th of this month, get ready for some volatility.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 20, 2017 at 13:09
Member Since Sep 12, 2015
1948 posts
With this 9 days away we could see range bound activity as large players will set their sights on this main event, expect some testing of major levels the day before exit.
"They mistook leverage with genius".
forex_trader_388839
Member Since Jan 02, 2017
10 posts
Member Since Dec 11, 2015
1487 posts
Mar 22, 2017 at 11:38
Member Since Dec 11, 2015
1487 posts
snapdragon1970 posted:
With this 9 days away we could see range bound activity as large players will set their sights on this main event, expect some testing of major levels the day before exit.
True. The closer we get to that, the tighter the range becomes. I am not trading this pair right now, it's too risky.
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