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EUR/GBP
Sep 12, 2015 zamanından beri üye
1948 iletiler
Mar 31, 2017 at 13:55
Sep 12, 2015 zamanından beri üye
1948 iletiler
Yeah I always have tight stops it place 2% at most, I was away for Lunch ,good thing I had my stop in place.
"They mistook leverage with genius".
Dec 11, 2015 zamanından beri üye
1487 iletiler
Apr 01, 2017 at 11:24
Dec 11, 2015 zamanından beri üye
1487 iletiler
snapdragon1970 posted:
Yeah I always have tight stops it place 2% at most, I was away for Lunch ,good thing I had my stop in place.
I'm glad then. This is why I always advocate for people to use stop loss.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 01, 2017 at 16:32
Sep 12, 2015 zamanından beri üye
1948 iletiler
Yeah you can look for other opportunities once you have your stop loss in place and you know exactly how much your willing to lose ,if it goes against you. I know some traders that trade without stop losses ,sometimes you can be very lucky and it will pull back if your entry is close to equilibrium ,unfortunately what we think is the right price isn't always what the banks think. If your looking to build wealth best to keep losses small.
"They mistook leverage with genius".
Dec 11, 2015 zamanından beri üye
1487 iletiler
Apr 02, 2017 at 11:15
Dec 11, 2015 zamanından beri üye
1487 iletiler
snapdragon1970 posted:
Yeah you can look for other opportunities once you have your stop loss in place and you know exactly how much your willing to lose ,if it goes against you. I know some traders that trade without stop losses ,sometimes you can be very lucky and it will pull back if your entry is close to equilibrium ,unfortunately what we think is the right price isn't always what the banks think. If your looking to build wealth best to keep losses small.
I couldn't agree more. Trading without a SL has always seemed like such an unnecessary risk to me. Unexpected spikes and pullbacks are always possible, often they're large enough to cause serious trouble if you don't have a SL set.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 02, 2017 at 12:04
Sep 12, 2015 zamanından beri üye
1948 iletiler
I was always taught to trade spikes on extremes or on pullbacks ,wait for them to occur then go long or short, BB is a useful indicator for this kind of trading, there is a good method for not getting caught out most of the time.
"They mistook leverage with genius".
forex_trader_338100
Jun 21, 2016 zamanından beri üye
898 iletiler
Apr 02, 2017 at 13:46
Jun 21, 2016 zamanından beri üye
898 iletiler
Soon the election in France and Germany, now he is talking about Frexit😕
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 02, 2017 at 17:24
Sep 12, 2015 zamanından beri üye
1948 iletiler
besttools posted:
Soon the election in France and Germany, now he is talking about Frexit😕
Le Pen will never get to run France, too much opposition.
"They mistook leverage with genius".
Mar 23, 2017 zamanından beri üye
36 iletiler
Apr 03, 2017 at 07:27
Mar 23, 2017 zamanından beri üye
36 iletiler
The three-day losing streak in the EUR/GBP appears to have come to a halt this Monday morning in Asia.
The cross was last seen trading around 0.8513 handle. The UK manufacturing number due later today is expected to show the pace of expansion in the activity ticked higher to 55.1 in March from the Feb figure of 54.6.
Currently, EUR/GBP is trading at 0.85075, up + 0.26%, having posted a daily high at 0.85214 and low at 0.84897.
EUR/GBP Technical Levels:
A break above 0.8555 (100-DMA) would expose 0.8582 (50-DMA + 5-DMA) and 0.86 (zero figure). On the other hand, a breakdown of support at 0.8485 (Friday’s low) would open doors for a sell-off to 0.8450 (Feb 13 low) and 0.8422 (Feb 23 low).
TREND INDEX:
Bullish
AVG SELL PRICE:
0.0000
AVG BUY PRICE:
0.8623
RECOMMENDATION:
BUY
The cross was last seen trading around 0.8513 handle. The UK manufacturing number due later today is expected to show the pace of expansion in the activity ticked higher to 55.1 in March from the Feb figure of 54.6.
Currently, EUR/GBP is trading at 0.85075, up + 0.26%, having posted a daily high at 0.85214 and low at 0.84897.
EUR/GBP Technical Levels:
A break above 0.8555 (100-DMA) would expose 0.8582 (50-DMA + 5-DMA) and 0.86 (zero figure). On the other hand, a breakdown of support at 0.8485 (Friday’s low) would open doors for a sell-off to 0.8450 (Feb 13 low) and 0.8422 (Feb 23 low).
TREND INDEX:
Bullish
AVG SELL PRICE:
0.0000
AVG BUY PRICE:
0.8623
RECOMMENDATION:
BUY
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 03, 2017 at 10:45
Sep 12, 2015 zamanından beri üye
1948 iletiler
I took a quick Long at the open last night and closed out at 1.25, it has retested the 85100 level which to me is a bullish sign ,I'm Long until I see weakness.
"They mistook leverage with genius".
Dec 11, 2015 zamanından beri üye
1487 iletiler
Apr 03, 2017 at 11:49
Dec 11, 2015 zamanından beri üye
1487 iletiler
I took a long too, right after the market opened and closed it once it recovered the gap it opened with, at 0.8520.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 03, 2017 at 12:48
Sep 12, 2015 zamanından beri üye
1948 iletiler
That's a logical trade you did, just need to break 85400 last high 85350.
"They mistook leverage with genius".
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 04, 2017 at 05:57
Sep 12, 2015 zamanından beri üye
1948 iletiler
Early move on Eur/gbp
"They mistook leverage with genius".
Dec 11, 2015 zamanından beri üye
1487 iletiler
Apr 04, 2017 at 10:07
Dec 11, 2015 zamanından beri üye
1487 iletiler
I took out another long just now, I think it will climb back to 0.8570.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 04, 2017 at 22:28
Sep 12, 2015 zamanından beri üye
1948 iletiler
86200 looks favourable ,so much for all the negative posts for Euro.
"They mistook leverage with genius".
Feb 12, 2016 zamanından beri üye
522 iletiler
Apr 05, 2017 at 08:57
Feb 12, 2016 zamanından beri üye
522 iletiler
EUR/GBP - The pound rises after the UK news and most likely will continue to lead the pair down to 0.8515/20.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 05, 2017 at 09:45
Sep 12, 2015 zamanından beri üye
1948 iletiler
Nice short trade over night ,see some support at 85400 to take it back up to 85900 ceiling.
"They mistook leverage with genius".
forex_trader_338100
Jun 21, 2016 zamanından beri üye
898 iletiler
Apr 06, 2017 at 13:24
Jun 21, 2016 zamanından beri üye
898 iletiler
Momentum above 0.8570 level could get extended towards 0.8595-0.8600 region (200-day SMA), above which a bout of short-covering has the potential to lift the cross back towards mid-0.8600s horizontal hurdle. On the downside, 0.8540 level now becomes immediate support, which if broken is likely to accelerate the slide back towards the 0.85 handle, en-route 0.8480-75 support area.
Sep 12, 2015 zamanından beri üye
1948 iletiler
Apr 07, 2017 at 10:50
Sep 12, 2015 zamanından beri üye
1948 iletiler
Went Long on EUR/GBP this morning helped by the negative data out of the UK, we are beginning to see how weak pound is on any negative Data.
"They mistook leverage with genius".
Dec 11, 2015 zamanından beri üye
1487 iletiler
Apr 08, 2017 at 10:57
Dec 11, 2015 zamanından beri üye
1487 iletiler
snapdragon1970 posted:
Went Long on EUR/GBP this morning helped by the negative data out of the UK, we are beginning to see how weak pound is on any negative Data.
I agree, I think it will rally back up to 0.8600 next week.
forex_trader_354005
Aug 22, 2016 zamanından beri üye
183 iletiler
Apr 09, 2017 at 06:07
Aug 22, 2016 zamanından beri üye
183 iletiler
Bulls would be eyeing for a sustained momentum beyond 0.8570 immediate resistance, above which the cross is likely to extend the up-move towards 0.8595-0.8600 region (200-day SMA) before darting back towards mid-0.8600s horizontal hurdle. Meanwhile, weakness back below 0.8530 level is likely to accelerate the slide back towards the 0.85 handle, en-route 0.8480-75 support area.
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