EUR/GBP

Zeus888 posted:
listen to it all but analyse the what is said. they don't just take it as gospel

I never take anyone's analysis as gospel, not even my own. One should always be adaptive.

Looking for a short here on eur/gbp around 92220 just waiting for a good signal.

snapdragon1970 posted:
Looking for a short here on eur/gbp around 92220 just waiting for a good signal.

I actually closed a long before the market closed yesterday, took about 40 pips. There could be a pullback next week, so a short might be a good idea.

I wonder why you guys are having a hard time figuring this out , my least trainee banks 10,000 bucks every week.

I think we might see said pullback from 0.9300 next week.

Sure will be keeping an eye on it at the open,might see a pullback to climb higher.

My next holiday might be to the UK if it goes any higher.

30mins to the open Eur/GBP is lower in pre market by 20 points so far, I will close it as soon as 2nd market opens.

mlawson71 posted:

snapdragon1970 posted:
Looking for a short here on eur/gbp around 92220 just waiting for a good signal.

I actually closed a long before the market closed yesterday, took about 40 pips. There could be a pullback next week, so a short might be a good idea.

Nice trade, I'm short since Friday looking at pre market I'm up 20 pips,will close at open

Be aware its uk bank holiday tomorrow, just in case anyone thinking of shorting euro.

Eur-gbp got super trend running. Last Friday is 29 bull days. 34 is next fib number, or another 5 days run, till pound hit 1.26 and bounce up.

snapdragon1970 posted:
Be aware its uk bank holiday tomorrow, just in case anyone thinking of shorting euro.

Thank you for the reminder, I had no idea it was a holiday.

Nice move on Eur/gbp I will be waiting for a nice short

So far so good I'm short off 92946, first stop I see at 92.

on weekly, daily tf, eur-gbp has quite good correlated with eur-usd at momentum. Next 0.9550 or 0.9750, firstly to be run before any correction due to 'Brexit' still is a fundy driver on all algo.

Nice little profit on this trade,gonna close out at this level.

I shorted and I placed my TP at 0.9200. However, I think there might be a possibility to drop below that level.

I was away from pc so didnt have time to watch it go lower,just better to close,anyway your doing well mlawson ,92 is a sticky area we have that last peak around the 2/10/16 on the weekly to get through to go lower, looking at it now looks to be making a slight bottom,but not a strong enough support yet.I think I will take a long from here with a tight stop as close as possible.

We broke 92 level early this morning,getting some tests of support of 92 now,it might hold this time for a long.