EUR/GBP

Eur/USD picking up some buyer interest just below 17

snapdragon1970 posted:
Eur/USD picking up some buyer interest just below 17

I hope you haven't opened a long, it kept falling after that. I opened one and I quickly closed it at a small loss, but I very much wish I hadn't opened it.

Was no break above 1680 so stayed out ,was trading Eur/NZD short just closed it too soon ,lucky you got out with a small loss.

I don't have any positions over the weekend, we'll see what will happen next week and I'll decide then. Have a good weekened, Kieran.

Yeah you never know if there will be an exchange come Monday morning,cheers might have a few beers later,have a good one too.

You guys should make a EUR/GBP skype group

Most are on different time zones to the European session, could run a trial shortly.

Hi, I am new to trading, have learnt to study the MACD and Awesome Oscillator indicators which has helped me tremendously, and at this stage on the 1D it tells me this is going down, so far so good, fingers crossed I did my research right and I make a profit.

Could be a real break this time: target 0.84 ?

CrazyTrader posted:
Could be a real break this time: target 0.84 ?

Perhaps, if it also breaks out below 0.8740. I did short earlier today, I haven't decided yet where to place the TP.

Be careful with indicators. They lag by definition

Keep an eye on economic events coming up ,they will be the main driver of price, indicators are of little use apart from knowing where retail might be entering or exiting.

Yes, I have learnt fundamentals play a big part in the market, I certainly keep an eye on the economic calendar for upcoming events, I have spent a lot of time working out how to do this successfully, I don't plan on gambling anything lol FYI I got my profit :) Any advice you have for an newbie like me would be greatly appreciated, i don't tend to participate in forums as I have learnt people don't like newbies too much and I have felt rather intimidated by them all so I am one for just reading what is posted. Thank you for not being intimidating lol

Welcome on board Annie77, the best advice I can give is get professional training ,I've posted some videos that you might find interesting if you look through my past posts.

Hello, Annie77, welcome to the forum!
I hope that you'll feel comfortable here. After all, we were all newbies once, no one was born knowledgeable.

Friend of mine sent a link to there new platform for monitoring trades, you can enter the contest for you guys/girls brave enough.
@chasingreturns.com

Carney speech coming up at 12.30 GMT, CLOSE trades!

I shorted at 0.8810 and I am now considering whether to close it or set a TP at 0.8740.

You had a nice short mlawson , I was away from pc.