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snapdragon1970 (snapdragon1970)
Mar 15 2017 at 18:21
1944 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".
mlawson71
Mar 18 2017 at 11:56
1487 posts
I used the EUR/GBP move to the downside on Friday. I think it will keep falling next week too.

snapdragon1970 (snapdragon1970)
Mar 18 2017 at 16:13
1944 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.

"They mistook leverage with genius".
getapamm (getapamm)
Mar 19 2017 at 08:03
7 posts
mlawson71
Mar 20 2017 at 12:46
1487 posts
I have a short too, even though it's clearly struggling to break below 0.8660.

snapdragon1970 (snapdragon1970)
Mar 20 2017 at 12:57
1944 posts
I see a date for Brexit 29th of this month, get ready for some volatility.

"They mistook leverage with genius".
BaldoN (BaldoN)
Mar 20 2017 at 12:58
522 posts
Hello,
EUR/GBP - I expect near resistance 0.8690/0.8700 to be broken and the price slightly to move up to 0.8715/20

snapdragon1970 (snapdragon1970)
Mar 20 2017 at 13:09
1944 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".
ct862
Mar 22 2017 at 07:34
10 posts
The EUR / GBP has lost 35 pips immediately following the release of UK inflation data, which has surpassed expectations, reaching maximum levels since 2013. The pair has fallen to a 2-week low of 0.8654.

mlawson71
Mar 22 2017 at 11:38
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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