EUR/GBP

Jul 05, 2016 at 10:14
23,140 Views
1,259 Replies
Member Since Sep 12, 2015   1948 posts
Nov 21, 2017 at 17:50
mlawson71 posted:
0.8840 is clearly a good support, but I am not sure whether I should close my short or I should wait. I am still waiting for now.
Where are you short from?
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 21, 2017 at 18:26
FastMatch opens access to real time FX data 40e/Month.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 22, 2017 at 15:12
88600 finding support for long positions ,we need a break out of the trend or scalp within the range, like I have mentioned earlier its testing higher.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 22, 2017 at 16:13
snapdragon1970 posted:
mlawson71 posted:
0.8840 is clearly a good support, but I am not sure whether I should close my short or I should wait. I am still waiting for now.
Where are you short from?

I was short from 0.8873 and I closed it at 0.8850. I got just twenty-something pips but that's better than nothing or losing.
Member Since Sep 12, 2015   1948 posts
Nov 22, 2017 at 16:26
Good work ,not easy shorting Eur/GBP at the moment ,it tested 88900 on the last spike so we know there are buyers at that level ,its due a break out of this range soon ,daily chart.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 23, 2017 at 07:57
6 mins to London open Eur is on buying list, 88900 in sight .
"They mistook leverage with genius".
Member Since Nov 24, 2017   14 posts
Nov 24, 2017 at 11:51
I'm long EUR/GBP . I only see GBP weakness and EUR strength. Brexit has determined that
Member Since Sep 12, 2015   1948 posts
Nov 24, 2017 at 12:58
89 was mentioned as a peak by some of the banks ,its acting as a support at the moment my stop was at 88937,Long from 88765.

"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 24, 2017 at 13:04
TribalBoc posted:
I'm long EUR/GBP . I only see GBP weakness and EUR strength. Brexit has determined that

Long term yes, intra day keep a close eye on news related 4th Dec/15 Dec next could take it in either direction.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 24, 2017 at 16:27
I'm long on EUR/GBP too, my TP is at 0.8860. Do you think it could rise above that?
Member Since Sep 12, 2015   1948 posts
Nov 24, 2017 at 16:34
8860? I think you mean 8960, I would be surprised if it passes 89500 ,a lot of resistance at that level on the daily chart , I would close out at this level if I was long
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 24, 2017 at 16:37
Anytime your not sure of closing out a trade or keeping it, look to the longer time frames for support/resistance
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 25, 2017 at 15:33
snapdragon1970 posted:
8860? I think you mean 8960, I would be surprised if it passes 89500 ,a lot of resistance at that level on the daily chart , I would close out at this level if I was long

Yes, I meant 0.8960, I keep conflating them when I type, sorry about that. Either way, I kept the position open over the weekend, too late to close it now. :(
Member Since Sep 12, 2015   1948 posts
Nov 25, 2017 at 16:38
Traders trading the same pair know what you mean if they have any brains, what we always do is close out near a major resistance as the risk increases, unless we know something and the market hasn't digested it yet.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 26, 2017 at 14:46
snapdragon1970 posted:
Traders trading the same pair know what you mean if they have any brains, what we always do is close out near a major resistance as the risk increases, unless we know something and the market hasn't digested it yet.

Well, it's embarrassing to make such a mistake, but I'm glad it was obvious what I meant either way.
Member Since Sep 12, 2015   1948 posts
Nov 26, 2017 at 17:42
Bitcoin just hit 9400 I took a short position my stoploss is 12e of a loss if I'm wrong which is fine.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 27, 2017 at 13:21
Trades I put on since the 24th, two trades still running Snap and Gopro in profit.

Attachments:

"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 27, 2017 at 15:55
snapdragon1970 posted:
Bitcoin just hit 9400 I took a short position my stoploss is 12e of a loss if I'm wrong which is fine.

The bitcoin rally is fascinating to me. I wouldn't be surprised if it reaches 10,000 some time soon.
Member Since Sep 12, 2015   1948 posts
Nov 27, 2017 at 16:52
10k was predicted awhile back by many Crypto Traders,buying dips makes the most sense or shorting with small stops,I watch the % daily changes in all the Cryptos, remember that guy I was telling you about trading onecoin well hes trading it online now cutting out his broker fees ,saving himself 2 and 20.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 27, 2017 at 17:06
Eur/GBP setting up for a break out ,Long side looks favorable, min stop because we are on the high side.
"They mistook leverage with genius".
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