EUR/GBP
Mitglied seit Dec 11, 2015
1487 Posts
Oct 14, 2016 at 11:41
It looks like it's retracing back to 0.8970.
Mitglied seit Sep 12, 2015
1948 Posts
Oct 15, 2016 at 11:16
Looks like we could be heading down to .89500,I'm keeping an eye on Eur/Usd levels as well.09500 looks like a good entry point.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Oct 17, 2016 at 11:40
It even reached 0.9057, but that doesn't mean yet that the sideways consolidation has ended.
Mitglied seit Dec 11, 2015
1487 Posts
Oct 18, 2016 at 11:38
@kieran You were right after all, it did continue falling. Great prediction!
Mitglied seit Sep 12, 2015
1948 Posts
Oct 18, 2016 at 15:37
Long from 89200 looks like a support area ,small trade just off London close,lets see if it switches direction,its chopping around looking for a breakout.
"They mistook leverage with genius".
Mitglied seit Sep 15, 2016
24 Posts
Oct 19, 2016 at 08:57
I am having positive view on EURGBP, recently it has strengthened a lot so there could be some correction but overall trend remain positive and in next few months I am expecting a target of 1
Mitglied seit Sep 12, 2015
1948 Posts
Oct 19, 2016 at 10:33
(bearbeitet Oct 19, 2016 at 10:41)
I closed out at 89500,if we get back down too 89200 I would consider making another trade, saying that shorts are looking more favourable for the short term , unless we get positive EU news or more negative news from UK.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 19, 2016 at 13:25
No positions yet looks like 89000 would be the next support area , mixed signals news wise so we will sit on the side lines till we reach a major support.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 19, 2016 at 15:04
Just what we were waiting for negative news on the Brexit front ,EU is taking a tough stance ,earlier leaked report was a clue.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Oct 20, 2016 at 10:32
The pair is still testing the support at 0.8900. I doubt it will move before the ECB press-conference.
Mitglied seit Sep 12, 2015
1948 Posts
Oct 20, 2016 at 12:27
I'm long from 89045,took patience to hold it from that level,I was expecting a move before ECB meeting on speculation,4 mins to the speech,I think there wont be much change to policy.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 20, 2016 at 15:05
(bearbeitet Oct 20, 2016 at 15:18)
what a move on Eur/Gbp ,worth the wait over a 1000 point move , Eur/Usd looking like a good trade off of 09000 level.Eur/Gbp hasn't moved down far enough yet to go long again , watch out for false moves.If it goes back down to 89000 maybe worth going long.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 20, 2016 at 16:09
The false moved played out as expected , we got a bounce off 89160 climbed higher then fell like a knife down to 89145.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Oct 21, 2016 at 10:09
I opened a long position when it reached 0.8900, due to the spinning top and inverted hammer that it has formed on the daily time frame.
Mitglied seit Dec 11, 2015
1487 Posts
Oct 24, 2016 at 10:07
That long position was apparently a premature idea. I am still keeping it open, but I might cut my losses and close it.
Mitglied seit Sep 12, 2015
1948 Posts
Oct 24, 2016 at 16:27
(bearbeitet Oct 24, 2016 at 16:29)
As you well know its always a gamble putting your trust in a candle configuration, news is bouncing from negative to positive, that's why we getting range trading, until I see something major Ill sit on the side lines. 89400 -888 on the 1hr.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Oct 25, 2016 at 09:54
I find candles to be mostly reliable, but when there's so little volume on the market no signals can be particularly trustworthy.
Mitglied seit Sep 12, 2015
1948 Posts
Oct 26, 2016 at 17:33
I'm short from 89480 break even,looking to close out at 89000 or 88800.
Two other positions I have on are a call option on Apple and Southwest airlines ,all positive .
Two other positions I have on are a call option on Apple and Southwest airlines ,all positive .
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 31, 2016 at 12:55
I'm short from 90000 breakeven, at the moment I think its trying to break 90050 again ,Ill hold my short position for awhile see how it plays out,my Southwest airlines trade is going very well,the call option is negative at the moment SWA is covering it,just wait for the US open.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Oct 31, 2016 at 22:19
My eur/gbp short worked out well ,I set a take profit at 89670 as I was away from my pc.
"They mistook leverage with genius".
