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EURGBP,H1 Chart Discussion

kieran
snapdragon1970 Nov 07 2017 at 13:17
I have half a position on here at 88 even though signals are zero, its a support level though going back.
kieran
snapdragon1970 Nov 07 2017 at 13:13
Those arrows are a signal for possible bottom,usually 3 then a curved priced action bottom ,ideally ,flat price action is no signal/sell.
skinnymike Nov 07 2017 at 00:36
what are your arrows indicating here, price signals?
kieran
snapdragon1970 Nov 06 2017 at 22:26
Sometimes this pattern occurs that's why it is so important to know what to look for .
kieran
snapdragon1970 Nov 06 2017 at 22:04
Unless there is some data release or news event ,quick scalp against the trend sometimes works
skinnymike Nov 06 2017 at 21:58
ya ive got to consider that
kieran
snapdragon1970 Nov 06 2017 at 21:54
Looking at the daily chart its still on a down trend,so wise not to fight against it till it hits a major support level
skinnymike Nov 06 2017 at 21:49
right i see. so youre thinking the .87500 region?
kieran
snapdragon1970 Nov 06 2017 at 21:39
No, I'm waiting for a lower low, went Long E/$ earlier,short oil
skinnymike Nov 06 2017 at 21:36
yes very true. do you have a position currently?