EUR/GBP

Jul 05, 2016 at 10:14
23,116 Views
1,259 Replies
Member Since Dec 11, 2015   1487 posts
Nov 01, 2016 at 11:58
I just closed a long position that I opened after the pair couldn't break below 0.8960. It's too early to tell whether it will continue rising.
Member Since Sep 12, 2015   1948 posts
Nov 01, 2016 at 13:47
Good trade mlawson,I've just gone short from 90200,should have waited for 90250 to get in as it was a resistance area,small trade looking to trace back down to 89500
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 01, 2016 at 15:12 (edited Nov 01, 2016 at 15:14)
My short was squashed , There were no buy backs today on gilts in the Uk,re entered at 90350,looking for weakness into European close.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 02, 2016 at 11:15
I have a short again, but my target is at 0.9000, so I will be closing it soon.
Member Since Sep 12, 2015   1948 posts
Nov 02, 2016 at 17:10 (edited Nov 02, 2016 at 17:11)
My short is still running,it didn't hit 89600 where I had placed my take profit,bounced off 89800.I may have to wait awhile for it to play out to 89600 level.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 02, 2016 at 18:21
No change at FOMC,may see some dollar strength and Euro weakness,weather or not euro will be weak against gbp remains to be seen.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 03, 2016 at 11:31
My short position finally hit 89000,worth waiting for,down from 90350.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 03, 2016 at 12:16
UK Parliament vote could really put a spanner in the works.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 03, 2016 at 17:30 (edited Nov 03, 2016 at 17:33)
This is looking more like we are heading back down to 88600,if it don't push through this MA on BB, on the eur/usd 1hr chart its hit the upper BB.


Attachments:

"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 09, 2016 at 07:53
The pair moved sharply up as a reaction to the election results.
Member Since Sep 12, 2015   1948 posts
Nov 09, 2016 at 16:05
I just bought eur/gbp from 87850,just a small trade into European close.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 09, 2016 at 16:28
well that didn't work out 87200 is looking like the next place to go long unless it changes direction at 4.30
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 09, 2016 at 16:39
A slight bounce off 87650 at the close , lets see if buyers come back in with strength and close this gap again.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 10, 2016 at 12:31
87500 we have a slight bounce,need some euro buying here or pound weakness.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 11, 2016 at 08:55
Euro got crushed,flat trading was a red flag of orders building ready for a breakout .I see more downside risk with the elections in Europe.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 11, 2016 at 10:23
85000 looking like the next target ,we might see some slight bounce around 11am or European close.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 11, 2016 at 10:32
I have a short position now, but the pair is so bearish I am not even sure where the target is.
Member Since Sep 12, 2015   1948 posts
Nov 11, 2016 at 12:17
Its almost flat since 10.50am that's a red flag for HFTs ,Ill sit on my hands for now.
"They mistook leverage with genius".
Member Since Sep 12, 2015   1948 posts
Nov 11, 2016 at 12:43
mlawson71 posted:
I have a short position now, but the pair is so bearish I am not even sure where the target is.
Its news dependent for now, keep your ears and eyes open, from what I've been reading it looks negative for euro , I have an alert at 8500.
"They mistook leverage with genius".
Member Since Dec 11, 2015   1487 posts
Nov 12, 2016 at 11:32
I always keep my eyes and ears open, but thank you for the heads up.
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