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kieran (snapdragon1970)
Apr 26 2017 at 13:02
1948 posts
Tested 85300, not much news today so some profit taking down to 8480 as you mentioned ,ECB out tomorrow with some positive spin on the euro, for now Id say since we are closer to 085 it will probably stay close to this area.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 26 2017 at 13:10
1948 posts
Doubtful it will recover the gap today since nothing happening, whatever about tomorrow, sentiment seems positive from what I've been looking at.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 27 2017 at 12:02
1948 posts
Better than expected data for EUR area ,we should get some bullishness.
"They mistook leverage with genius".
BarryMoore
Apr 27 2017 at 12:18
10 posts
ECB announcement could cause some high volatility today
kieran (snapdragon1970)
Apr 27 2017 at 12:25
1948 posts
I will be closing my trades just before any news, I shorted the CAC40 yesterday ,short eur/usd until 1.30 and long eur/gbp I may keep this one open as I suspect positive outcome.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 27 2017 at 15:36
1948 posts
Looks like eur/gbp is starting to find a bottom after the sell off ,trend on the longer time frames still looks negative, but we might get some buyers as its after London close.
"They mistook leverage with genius".
kieran (snapdragon1970)
Apr 27 2017 at 15:39
1948 posts
Ha bullish move as I typed above, could be a fake out for awhile, still possible to catch a few points on low risk.
"They mistook leverage with genius".
mlawson71
Apr 28 2017 at 11:53
1487 posts
snapdragon1970 posted:
Ha bullish move as I typed above, could be a fake out for awhile, still possible to catch a few points on low risk.

I do think it's a fake out, but it may climb to 0.7470 again,
kieran (snapdragon1970)
May 11 2017 at 11:22
1948 posts
Bullish move just before Carney gives his speech at 12.30,slight dovish tone on the data earlier.3 attempts earlier to push higher was a bit of a clue.
"They mistook leverage with genius".
mlawson71
May 12 2017 at 13:34
1487 posts
It looks like it will climb to 0.8500. I opened a long at 0.8450.
kieran (snapdragon1970)
May 15 2017 at 13:09
1948 posts
Just taking a short on EUR/GBP from 85, later we have MP May speech at 8pm.
"They mistook leverage with genius".
kieran (snapdragon1970)
May 16 2017 at 10:53
1948 posts
EUR/GBP trade climbs higher on data, I got knocked out with a small loss even though my trading partner told me to move it higher best to stick to the plan, there is a possible peak at 86850 if we draw a line on the daily chart across both previous peaks 88530 and 87875 area.
"They mistook leverage with genius".
Baldo (BaldoN)
May 16 2017 at 14:53
522 posts
EUR/GBP - is testing 0.8590/0.8600 zone. I am expecting slowing down of the pressure coming out from the EUR now. Break above 0.8600 (not earlier then tomorrow, due to avoid fake break outs in the following hours) may open the way to 0.8645/50 resistance
kieran (snapdragon1970)
May 16 2017 at 16:19
1948 posts
Some weakness indeed, I went short earlier but expect that it will climb back up to line up with earlier peaks.


Attachments:

"They mistook leverage with genius".
Telltale20
May 17 2017 at 06:48
12 posts
I'm keeping away from EURGBP for the now. Euro and GBP are likely to fall IMHO so could be some messy price movement soon
kieran (snapdragon1970)
May 17 2017 at 09:26
1948 posts
Euro data is quite good for now that's why we getting this bullish move ,might be a technical pullback around 86900.
"They mistook leverage with genius".
mlawson71
May 21 2017 at 11:44
1487 posts
I think there might a pullback even from 0.8620 next week. I haven't shorted yet though.
kieran (snapdragon1970)
May 21 2017 at 16:01
1948 posts
GB house prices on Today at 11pm and on Tuesday German GDP at 6am ,PMI after that, its going to be an interesting day.

 

Attachments:

"They mistook leverage with genius".
mlawson71
May 22 2017 at 10:55
1487 posts
It's rallied above 0.8625, I think it won't stop rising before it reaches 0.8700.
kieran (snapdragon1970)
May 22 2017 at 11:05
1948 posts
If we draw a line across the last two peaks on the daily chart it should hit 86950, if we get a nice spike through it and a reversal.
"They mistook leverage with genius".
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