May 15 2017 at 13:09
Just taking a short on EUR/GBP from 85, later we have MP May speech at 8pm.
"They mistook leverage with genius".
May 16 2017 at 10:53
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".
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
May 16 2017 at 16:19
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".
May 17 2017 at 06:48
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
May 17 2017 at 09:26
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".
May 21 2017 at 11:44
I think there might a pullback even from 0.8620 next week. I haven't shorted yet though.
May 21 2017 at 16:01
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".
May 22 2017 at 10:55
It's rallied above 0.8625, I think it won't stop rising before it reaches 0.8700.
May 22 2017 at 11:05
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".
