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kieran (snapdragon1970)
Mar 22 2017 at 14:38
1948 posts
For now I'm Trading eur/usd and some stocks, Ill wait till we get closer to the 29th.
"They mistook leverage with genius".
bh61
Mar 23 2017 at 07:35
14 posts
Investors are still very short on the GBP, according to IMM's position report on March 20 and as the risk premium for GBP-discounted Brexit appears to have increased in recent weeks, we see little potential for A break above 0.90.
renev
Mar 23 2017 at 07:49
8 posts
The Eurodollar (EURUSD) price presses in the short term the important resistance that presents in the 1.0829.

<a href='' target='_blank'>EURUS23.gif</a>
kieran (snapdragon1970)
Mar 23 2017 at 13:06
1948 posts
Just closed out my eur/usd short position 08171-07883 ,went against what most were saying, that's trading.
"They mistook leverage with genius".
mlawson71
Mar 25 2017 at 10:36
1487 posts
Do you think EUR/GBP will continue rising next week, Kieran?
kieran (snapdragon1970)
Mar 25 2017 at 13:47
1948 posts
Looking at the net short positions and sentiment for GBP seems negative for pound going forward ,we should get some clues at the London open on Monday, what could happen is a bullish run up till Wednesday, some whipsaw of key levels to drain retail.
"They mistook leverage with genius".
gustabofx
Mar 26 2017 at 07:25
12 posts
The EUR / GBP extended the advance to 0.8660, reaching the highest level in two days. The price then declined slightly and was trading at around 0.8645 / 50, 35 pips higher than yesterday's close.
danuska
Mar 26 2017 at 07:31
8 posts
Despite this advance, the price is still moving within a bearish channel that has key resistance around 0.8685 / 90, which is where the upper limit of the channel is passing. If this level were broken and consolidated above, the euro would remove the bearish pressures, opening the doors to more rises. As long as it stays below, the bias could continue to favor the casualties.

From the current level, the supports can be located at 0.8640, followed by 0.8600 / 05 (day minimum) and then 0.8585 (lower limit of the said channel).



Baldo (BaldoN)
Mar 27 2017 at 10:02
522 posts
Hello,
EUR/GBP - seems the sterling have advantage today and most likely the price may go down to 0.8605/10 shortly.
kieran (snapdragon1970)
Mar 27 2017 at 11:07
1948 posts
We got a jump higher at the open ,Asia session didn't add to the bullish open ,with a decline overnight and this morning, so far it looks like we are going down to 86 or lower, a sell off before re entry I will be keeping an eye on levels and keep you updated if I see any good entry points, I will be playing a bullish trade as we get closer to exit date,short trades in my view will be risky so better to stick to long if we get a strong support level.
"They mistook leverage with genius".
kieran (snapdragon1970)
Mar 27 2017 at 12:33
1948 posts
Getting some support at 86300, I have a Long position in place ,I will let it run till I see some weakness, keeping check on 15min chart.
"They mistook leverage with genius".
kieran (snapdragon1970)
Mar 27 2017 at 13:56
1948 posts
Two other trades that caught my attention today Gamestop and Snap, Snap had a buy recommendation and price target of 30.
"They mistook leverage with genius".
bestools
besttools
Mar 27 2017 at 19:06
898 posts
Commerzbank near-term outlook for the cross is neutral, Initial resistance lies at 0.8744 (downtrend) and we suspect that this will cap for now. Above 0.8800, there is scope to tackle the 0.8852 January high. We look for the downside currently to be limited by the 200-day ma at 0.8566.
kieran (snapdragon1970)
Mar 28 2017 at 13:30
1948 posts
Eur/Gbp on the move higher, no profit limit set, viewing 86700 though for now.
"They mistook leverage with genius".
kieran (snapdragon1970)
Mar 28 2017 at 16:07
1948 posts
No change in direction at London close, still bullish for eur/gbp, reading some news about brexit suggesting it could be a non event.
"They mistook leverage with genius".
kieran (snapdragon1970)
Mar 29 2017 at 10:13
1948 posts
We have a speech by MP May at 11.30 ,hearing there is a leaked document already saying no free trade and a 3 year time limit.
"They mistook leverage with genius".
mlawson71
Mar 29 2017 at 10:36
1487 posts
snapdragon1970 posted:
We have a speech by MP May at 11.30 ,hearing there is a leaked document already saying no free trade and a 3 year time limit.

11:30 what time though? GMT?
kieran (snapdragon1970)
Mar 29 2017 at 13:13
1948 posts
You can watch it live here ,yes 11.30 GMT https://www.parliamentlive.tv/Event/Index/6373f9ec-bcca-4419-a848-41946fc07f4a
"They mistook leverage with genius".
kieran (snapdragon1970)
Mar 30 2017 at 13:11
1948 posts
We have a bit of a bottom here at 860 ,I will take a Long position from here, last time we were at this level was 03/03.
"They mistook leverage with genius".
mlawson71
Mar 31 2017 at 12:38
1487 posts
Did you manage to close that long position before it dropped even further? 😞
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