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kieran (snapdragon1970)
Apr 11 2017 at 11:22
1948 posts
Eur/Gbp short ,this pair has been doing some random moves lately ,heavily news dependant for now, UK inflation higher ,less spending in the high streets in the retail sector, I am more focused on eur/usd trade for now.
"They mistook leverage with genius".
mlawson71
Apr 11 2017 at 13:10
1487 posts
snapdragon1970 posted:
Eur/Gbp short ,this pair has been doing some random moves lately ,heavily news dependant for now, UK inflation higher ,less spending in the high streets in the retail sector, I am more focused on eur/usd trade for now.

The range is getting tighter and tighter, there should be a breakout and a big move soon.
kieran (snapdragon1970)
Apr 11 2017 at 13:31
1948 posts
I'm keeping an eye on the daily chart, still looking negative for eur/gbp down to 8500.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 11 2017 at 15:18
1948 posts
Getting close to our target ,I will close this short at 4.30 unless I see some interesting move.
"They mistook leverage with genius".
mlawson71
Apr 15 2017 at 11:37
1487 posts
I think next week it will fall back to 0.8400 but I decided not to short before the holidays.
kieran (snapdragon1970)
Apr 18 2017 at 11:17
1948 posts
Trading EUR/USD long ,waiting for pound to bottom then I will look for a good entry point.
"They mistook leverage with genius".
mlawson71
Apr 19 2017 at 12:14
1487 posts
I am waiting for the same, it's still a little too early for a long right now but it has to start retracing sooner or later.
kieran (snapdragon1970)
Apr 19 2017 at 15:38
1948 posts
I took a long off 83527 my stop loss is at 83412 ,I think it will close the gap down of yesterday, why did I make this trade, two reasons, first since the spike down yesterday it has been pretty flat, today we are seeing more swings from the MA which we are slightly above now which is a positive, this does slightly tip the odds in favour of Long positions for now.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 20 2017 at 13:13
1948 posts
Eur/Gbp is moving up slowly, making an attempt to break 084, my stop loss is at 83877 first target is 84500.
"They mistook leverage with genius".
mlawson71
Apr 21 2017 at 10:47
1487 posts
I haven't opened any positions yet, it's consolidating and I don't see any good signals.
kieran (snapdragon1970)
Apr 21 2017 at 11:04
1948 posts
We got a sell off from 11am now moving either side of 83620, no strong signal yet ,slight move higher on the negative gbp retail earlier, we might get some direction at 1.30.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 21 2017 at 11:19
1948 posts
kieran (snapdragon1970)
Apr 22 2017 at 13:34
1948 posts
Not much excitement on the close on eur/gbp , I set up two trades in opposite direction for the open ,small risk ,close on any gap up or down.
"They mistook leverage with genius".
Rebecca Pettersson (kerstin71)
Apr 22 2017 at 21:15
40 posts
I am waiting to break the major support .83326, price action already broke the higher low trendline as you can see. Next target would be .81165 which is acting as another support.
On the other hand, a break above recent minor resistant .84019 would open door towards .86262 or even higher to the lower high trendline.

Don’t forget any surprise from French Election could be the reason for a marget gap.
(Important: My chart and prices are from FCA Tickmill, your broker might have a little different price)




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Helping new traders
kieran (snapdragon1970)
Apr 23 2017 at 19:12
1948 posts
LePen is through to the 2nd round with Macron, that should be negative for the Euro.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 23 2017 at 20:15
1948 posts
Pre market 085 , 45mins to wait till I'm in profit .
"They mistook leverage with genius".
csc2009
Apr 23 2017 at 23:31
834 posts
snapdragon1970 posted:
Pre market 085 , 45mins to wait till I'm in profit .

Good call. Rally still intact.
kieran (snapdragon1970)
Apr 25 2017 at 15:34
1948 posts
Eur/usd breaking out ,expect a retest of 085 on eur/gbp
"They mistook leverage with genius".
mlawson71
Apr 26 2017 at 12:08
1487 posts
Do you think it will attempt to recover the gap? So far it's just testing 0.8480.
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