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kieran (snapdragon1970)
Sep 18 2017 at 17:47
1948 Posts
On the 1hr chart we can see this kind of curved bottom,sometimes this is a strong signal of support by large investors.
"They mistook leverage with genius".
mlawson71
Sep 20 2017 at 14:50
1487 Posts
snapdragon1970 posted:
On the 1hr chart we can see this kind of curved bottom,sometimes this is a strong signal of support by large investors.

True. It might form a double bottom before it starts climbing again though. I've closed my short for now.
kieran (snapdragon1970)
Sep 21 2017 at 10:34
1948 Posts
MP May has her speech tomorrow in Florence,I'm sure we won't be hearing anything new,still just be aware of it.
"They mistook leverage with genius".
mlawson71
Sep 23 2017 at 14:05
1487 Posts
It did form a double bottom. Next week we might see a rally again.
kieran (snapdragon1970)
Sep 23 2017 at 17:06
1948 Posts
Down graded by moody plus a softer tone by May on brexit ,next week could be interesting, as long as Kim Jung doesn't start dropping bombs
"They mistook leverage with genius".
mlawson71
Sep 24 2017 at 12:48
1487 Posts
snapdragon1970 posted:
Down graded by moody plus a softer tone by May on brexit ,next week could be interesting, as long as Kim Jung doesn't start dropping bombs

If he starts doing that Forex will be the least of anyone's problems, I think. :(
kieran (snapdragon1970)
Sep 24 2017 at 20:52
1948 Posts
Long as they keep it a war of words ,little rocket man might see his next birthday.
"They mistook leverage with genius".
mlawson71
Sep 25 2017 at 12:54
1487 Posts
EUR/GBP is stubbornly testing the support at 0.8780, do you think it might break out below it after all?
CrazyTraderfx (CrazyTrader)
Sep 25 2017 at 13:23
1718 Posts
Trying Long @ 0.8785
SL 1 pips below the low.
kieran (snapdragon1970)
Sep 25 2017 at 18:38
1948 Posts
Its tested this 87900 level a few times ,if in doubt check the longer time frames for clearer direction, at the moment we are in limbo until we get some news event on the shorter time frames.
"They mistook leverage with genius".
kieran (snapdragon1970)
Sep 25 2017 at 18:47
1948 Posts
The mention of war has pushed some commodities higher ,Gold is doing pretty good
"They mistook leverage with genius".
kieran (snapdragon1970)
Sep 26 2017 at 09:35
1948 Posts
Sellers still having a bash at Eur/gbp dip demand holding it back from further declines ,87500 would be an area of major support.
"They mistook leverage with genius".
CrazyTraderfx (CrazyTrader)
Sep 26 2017 at 10:23
1718 Posts
Back to 0.84 as soon as we break below 0.8750



Anhänge:

kieran (snapdragon1970)
Sep 26 2017 at 17:58
1948 Posts
Its doubtful it will break much lower than it is for now, keep an eye on eur/usd its making a shot at 18, Eur/gbp is usually slow to follow ,are sellers ready to switch to buyers yet? wait and see in a few mins.
"They mistook leverage with genius".
CrazyTraderfx (CrazyTrader)
Sep 27 2017 at 11:13
1718 Posts
Daily and especially H4 look very bearish.
Shorted 0.8755
Too many Long traders since weeks (now over 65%)
kieran (snapdragon1970)
Sep 27 2017 at 14:53
1948 Posts
I'm long from 87500 ,yes the trend does look negative on the higher time frames,I'm looking to catch a few pips on the daily London close,stop loss is close by even if I have the timing wrong.
"They mistook leverage with genius".
mlawson71
Sep 27 2017 at 15:28
1487 Posts
The trend is still negative but there are signs it's getting exhausted. Maybe there will be a reversal soon.
kieran (snapdragon1970)
Sep 27 2017 at 16:24
1948 Posts
On the 15 min chart we are seeing an up trend taking place ,will it hold though we just have to keep an eye ,spiked up earlier to take out the shorts at 87700 buyers sitting above,eur/usd is leading the way.

 
"They mistook leverage with genius".
CrazyTraderfx (CrazyTrader)
Sep 27 2017 at 16:56
1718 Posts
Hope you enjoyed the rally... I try again short this time @ 0.8780
kieran (snapdragon1970)
Sep 27 2017 at 17:07
1948 Posts
I'll let it play out for another hour if that trend line holds while I have a coffee.
"They mistook leverage with genius".
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