EUR/GBP
Miembro desde Sep 12, 2015
posts 1948
Aug 31, 2017 at 16:09
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".
Miembro desde Dec 11, 2015
posts 1487
Sep 02, 2017 at 13:37
It looks like the upward movement is exhausted and a more long-term drop is about to begin.
Miembro desde Sep 12, 2015
posts 1948
Sep 03, 2017 at 16:53
Ill have a look at the data and sentiment today on Lexs monthly update.
"They mistook leverage with genius".
Miembro desde Sep 12, 2015
posts 1948
Sep 03, 2017 at 19:25
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".
Miembro desde Dec 11, 2015
posts 1487
Sep 04, 2017 at 13:59
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.
Miembro desde Sep 12, 2015
posts 1948
Sep 04, 2017 at 18:38
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".
Miembro desde Dec 11, 2015
posts 1487
Sep 05, 2017 at 13:30
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.
Miembro desde Sep 12, 2015
posts 1948
Sep 06, 2017 at 08:41
Some sell off earlier,good buying dip some profit on the long side so far.
"They mistook leverage with genius".
Miembro desde Dec 11, 2015
posts 1487
Sep 06, 2017 at 16:00
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.
Miembro desde Sep 12, 2015
posts 1948
Sep 06, 2017 at 20:25
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".
Miembro desde Sep 12, 2015
posts 1948
Sep 06, 2017 at 21:51
Eur/gbp made a right spike down at 22HR gmt ,I've made a buy on low risk
"They mistook leverage with genius".
Miembro desde Aug 10, 2017
posts 12
Sep 07, 2017 at 14:53
I am long too now with a tight stop loss. Looking for good RR on this trade
Miembro desde Sep 12, 2015
posts 1948
Sep 07, 2017 at 21:43
If 91700 holds we should see more buyers coming in
"They mistook leverage with genius".
Miembro desde Dec 11, 2015
posts 1487
Sep 08, 2017 at 14:57
I don't think the correction will end before the pair reaches the support at 0.9070.
Miembro desde Sep 12, 2015
posts 1948
Sep 09, 2017 at 13:17
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".
Sep 10, 2017 at 07:05
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.
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There are no shortcuts - not a single one, no matter how clever you think you are.
Sep 10, 2017 at 07:07
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.
