EUR/GBP

Jul 05, 2016 at 10:14
23,126 Views
1,259 Replies
Member Since Dec 11, 2015   1487 posts
Nov 28, 2017 at 15:10
snapdragon1970 posted:
Eur/GBP setting up for a break out ,Long side looks favorable, min stop because we are on the high side.

I think so too. But it could also form a double top at 0.8966.
Member Since Sep 12, 2015   1948 posts
Nov 28, 2017 at 19:25
Warned about this hand over today GBP will establish a better position ,when the news fades by tomorrow we can think about Longs again.
"They mistook leverage with genius".
Member Since Aug 23, 2016   30 posts
Nov 29, 2017 at 07:36
I'm long with a 30 pip stop. Looking for a retest of 0.892, small position sizing
Member Since Sep 12, 2015   1948 posts
Nov 29, 2017 at 11:52
I have a price alert at 88 for a Long position, unless I see some major support before that best to wait.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 29, 2017 at 16:13
I haven't decided yet whether I would be opening longs at 0.8800, it may drop below that level.
Member Since Sep 12, 2015   1948 posts
Nov 29, 2017 at 16:33
Sticky around 88200, I think if we break 88 it could go a lot lower but 88 is major resistance.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 29, 2017 at 16:46
88600 first major ceiling for my Long position ,support at that level would be encouraging, indecision until we get some interesting news.
"They mistook leverage with genius".
Member Since Nov 21, 2011   1718 posts
Nov 30, 2017 at 09:23
Heading to 0.86
Member Since Sep 12, 2015   1948 posts
Nov 30, 2017 at 12:08
If it doesn't pull back to 88,we have to go back to 2013 March to find 86 level, 85 support was April 2017,any positive Euro news will keep us above 88.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 30, 2017 at 16:35
I don't think we will see it fall below 0.8700 for the time being.
Member Since Sep 12, 2015   1948 posts
Nov 30, 2017 at 17:39
Anything is possible ,its getting rejected at 88140 so far ,all we can do is use the longer time frames to trade.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Dec 01, 2017 at 13:25
Eur/GBP showing some support at 88100 level ,I took a long position yesterday evening still holding.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Dec 01, 2017 at 16:40
I closed all positions and I'll wait for Monday to open new ones.
Member Since Sep 12, 2015   1948 posts
Dec 01, 2017 at 17:35
Good discipline mlawson , I was away most of the day at a meeting, most of the chat was about Bitcoin during breaks.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Dec 02, 2017 at 15:12
snapdragon1970 posted:
Good discipline mlawson , I was away most of the day at a meeting, most of the chat was about Bitcoin during breaks.

Even I exercise occasional good judgement. 😁

All joking aside, the bitcoin situation is fascinating to me. No one believed in it just a few years ago.
Member Since Sep 12, 2015   1948 posts
Dec 02, 2017 at 21:15
I used to trade it back in 09 back then it was difficult to get any information on it and the swings were one extreme to another or dead flat for ages,I traded Litecoin too, which was less boring to trade.I had to stop trading though because of FCA rules when your employed in the business.It is getting really interesting now with futures contracts coming on board, banks are dead in the water if they don't move with the times.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Dec 03, 2017 at 14:52
snapdragon1970 posted:
I used to trade it back in 09 back then it was difficult to get any information on it and the swings were one extreme to another or dead flat for ages,I traded Litecoin too, which was less boring to trade.I had to stop trading though because of FCA rules when your employed in the business.It is getting really interesting now with futures contracts coming on board, banks are dead in the water if they don't move with the times.

The swings still seem pretty extreme to me. Look what happened earlier this week.
Member Since Sep 12, 2015   1948 posts
Dec 03, 2017 at 15:34
Yes for sure,buy the dips with little risk and high reward ,protect your capital, volatility is good if we play safe.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Dec 03, 2017 at 23:02
UK treasury looking to impose regulations on Bitcoin, Telegraph reports.
Talks tomorrow for MP May with EU, some progress over the weekend according to reports, Irish source.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Dec 04, 2017 at 13:21
Irish Taoiseach (prime minister) will make a statement soon at 13.30GMT.
"They mistook leverage with genius".
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