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EUR/GBP
Mitglied seit Sep 12, 2015
1933 Posts
Mar 12, 2018 at 19:20
mlawson71 posted:
I am so glad now I did not open that long on Friday. 😲
89 level was expensive ,needed to come down again to old levels,bouncing between 2 levels for now.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1462 Posts
Mar 13, 2018 at 16:32
Double bottom at 0.8850, maybe now is the time for that long. 😁
Mitglied seit Sep 12, 2015
1933 Posts
Mar 13, 2018 at 22:35
Trump imposing tariffs on 100 Jhina goods AND another sacking , will be interesting tomorrow at market open,one Trader reports no more cheap duck sauce.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1933 Posts
Mar 14, 2018 at 19:00
Looking for a break below 88500 again ,news will move this currency,at the moment its following technical's.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1462 Posts
Mar 16, 2018 at 16:43
snapdragon1970 posted:
Looking for a break below 88500 again ,news will move this currency,at the moment its following technical's.
The break happened, did you manage to short?
Mitglied seit Sep 12, 2015
1933 Posts
Mar 16, 2018 at 16:51
No I'm waiting till it hits 88 Level for a Long position,its best not to trade at the midpoint 89/88, 88500 in the middle, support levels usually broken when its been tested a few times.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1462 Posts
Mar 17, 2018 at 14:20
snapdragon1970 posted:
No I'm waiting till it hits 88 Level for a Long position,its best not to trade at the midpoint 89/88, 88500 in the middle, support levels usually broken when its been tested a few times.
Good point. It should reach that level next week.
Mitglied seit Sep 12, 2015
1933 Posts
Mar 18, 2018 at 16:34
Some revision work fixed and floating exchange rates .
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1462 Posts
Mar 20, 2018 at 07:47
It looks like it may stay below 0.8800 this time.
Mitglied seit Sep 12, 2015
1933 Posts
Mar 22, 2018 at 09:58
Touched off 87 level,stronger data on the UK side and weaker for EU area ,continue to keep an eye for strong support.
"They mistook leverage with genius".
Mitglied seit Mar 22, 2018
13 Posts
Mar 22, 2018 at 12:35
Approaching 0.8690 sup/res line. I'm going long if there is resistance here
Mitglied seit Sep 12, 2015
1933 Posts
Mar 23, 2018 at 19:11
On the 4hr chart its looking good for Longs for next week,I will be keeping track of support/resistance areas,on another topic I have been taking a looking at Sentdex analysis.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1933 Posts
Mar 27, 2018 at 22:58
A place for Trading Reg info updates is the ESMA site.
"They mistook leverage with genius".
Mitglied seit Mar 13, 2018
13 Posts
Mar 28, 2018 at 11:53
Did you see the new regs on leverage etc in the EU? Could cause a lot of problems
Mitglied seit Sep 12, 2015
1933 Posts
Mar 28, 2018 at 17:47
Yes ,making it more difficult for Traders to find opportunities,I used to trade stocks on a regular basis until they lowered leverage,increasing margin ,widening spreads etc,used to get dividends on certain stocks,closing positions etc.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1933 Posts
Mar 30, 2018 at 15:02
Pandapaws posted:
Do you think it will push people into other trading areas? I'm not sure what else is a good as forex
Yes for sure Traders are always seeking better returns and less restrictions,new markets usually means more volatility too,problem with forex the more that trade the majors the less volatility.
"They mistook leverage with genius".
