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Zeus888
Aug 31 2017 at 14:38
15 Posts
Over extended in my view. Best to wait for NFP
kieran (snapdragon1970)
Aug 31 2017 at 16:09
1948 Posts
Managed to pick up some pips on this trade,looks like a range bound trade for now,best to wait for another re test to confirm, NFP will effect euro but more so against USD, end of month so be careful.
"They mistook leverage with genius".
mlawson71
Sep 02 2017 at 13:37
1487 Posts
It looks like the upward movement is exhausted and a more long-term drop is about to begin.
kieran (snapdragon1970)
Sep 03 2017 at 16:53
1948 Posts
Ill have a look at the data and sentiment today on Lexs monthly update.
"They mistook leverage with genius".
kieran (snapdragon1970)
Sep 03 2017 at 19:25
1948 Posts
Euro still bullish against GBP,slightly less though, USD is one to watch looking stronger, CAD leading the way and Yen picking up pace,this info is not much use when North Korea are firing off missiles and Trump looking at cutting ties with countries that support it,lets hope we can trade on Monday morning.
"They mistook leverage with genius".
mlawson71
Sep 04 2017 at 13:59
1487 Posts
If it breaks out below 0.9150 it may drop to 0.9000, I think. Apart from that, I agree that the trend is still bullish.
kieran (snapdragon1970)
Sep 04 2017 at 18:38
1948 Posts
Nice trade on Eur/GBP this morning 34 pips from 91732, could be awhile before we see 0.90 again.
"They mistook leverage with genius".
Baldo (BaldoN)
Sep 05 2017 at 09:12
522 Posts
Looks the price may test again 0.9147/50 as the bearish sentiment prevails.
 
mlawson71
Sep 05 2017 at 13:30
1487 Posts
BaldoN posted:
Looks the price may test again 0.9147/50 as the bearish sentiment prevails.
 

I agree. I think it may possibly break out below that level too.
kieran (snapdragon1970)
Sep 06 2017 at 08:41
1948 Posts
Some sell off earlier,good buying dip some profit on the long side so far.
"They mistook leverage with genius".
Mohammadi
Sep 06 2017 at 14:46
886 Posts
I am a new, currently I’m learning about EURUSD. So, far on demo account , I always make s good profit so this week I decided to try on real account , unfortunately the result is bad . Hoping someone can give me tips.
mlawson71
Sep 06 2017 at 16:00
1487 Posts
snapdragon1970 posted:
Some sell off earlier,good buying dip some profit on the long side so far.

Good point. The overall bullish trend isn't over despite the correction. I'll open a new long once it ends.
kieran (snapdragon1970)
Sep 06 2017 at 20:25
1948 Posts
Mohammadi posted:
I am a new, currently I’m learning about EURUSD. So, far on demo account , I always make s good profit so this week I decided to try on real account , unfortunately the result is bad . Hoping someone can give me tips.

Start with the minimum amount of risk with high probability of reward
"They mistook leverage with genius".
kieran (snapdragon1970)
Sep 06 2017 at 21:51
1948 Posts
Eur/gbp made a right spike down at 22HR gmt ,I've made a buy on low risk
"They mistook leverage with genius".
TheWatcher
Sep 07 2017 at 14:53
12 Posts
I am long too now with a tight stop loss. Looking for good RR on this trade
kieran (snapdragon1970)
Sep 07 2017 at 21:43
1948 Posts
If 91700 holds we should see more buyers coming in
"They mistook leverage with genius".
mlawson71
Sep 08 2017 at 14:57
1487 Posts
I don't think the correction will end before the pair reaches the support at 0.9070.
kieran (snapdragon1970)
Sep 09 2017 at 13:17
1948 Posts
Eur longs highest since May 2011 as of Friday,GBP up 2k shorts on the week ,still going the direction of sentiment.
"They mistook leverage with genius".
38steps (38steps)
Sep 10 2017 at 07:05
2 Posts
Check out the Weekly chart for eurgbp. The weekly resistance around the 0.90000 area has yet to be tested as support. On the daily chart there is a clear level just above this area which is about 50% of the recent leg higher. This is a level I will be looking to exit shorts and potential try to enter long. Basically, I think there is still about another 100 pips of downside before looking for signs that we will bounce.

Anhänge:

There are no shortcuts - not a single one, no matter how clever you think you are.
Mohammadi
Sep 10 2017 at 07:07
886 Posts
I really want to trade with Exotic pairs but it seems the spreads of them is unthinkable high, it is range from 4-30 pips. If only the spread is lower I will do it , but right now I still prefer EUR/USD and GBP/USD or JPY/USD which have better spreads it is usually less than 3 pips.
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