EUR/GBP

I am not yet positive for EUR/GBP recovery like previous rally at October 2016. How about if Supreme Court verdict that expects within January comes to a second time government failure to trigger AR 50 without parliament ?

Another new high today. 8572 should be coming soon.

This is really a bad pair to trade at this time. Very unpredictable!

xielin posted:
This is really a bad pair to trade at this time. Very unpredictable!

Keep an eye on gbp/chf as an opposite indicator, use it as a guide, sometimes.

snapdragon1970 posted:

xielin posted:
This is really a bad pair to trade at this time. Very unpredictable!

Keep an eye on gbp/chf as an opposite indicator, use it as a guide, sometimes.

grabbed 50 pips and closed my long trade. Its ranging is so terrible and unpredictable. 😈 I think this pair is really really dirty.

Year end is a shaky time,Next week we will be looking for some good trades, re balancing of cash, I will be looking for Euro sell off direction.

What a nice spike just before Toyko session, my partner made a hundred bucks in 2 mins, the drinks are on her tomorrow.

Congratulations! I managed to catch at least part of it too.

mlawson71 posted:
Congratulations! I managed to catch at least part of it too.

Great, hope you catch even more in 2017.

snapdragon1970 posted:

mlawson71 posted:
Congratulations! I managed to catch at least part of it too.

Great, hope you catch even more in 2017.

Me too. I wish you a Happy and Successful New Year!

primefxtrading posted:
More upside for EURGBP as long price does not dip below 8432.

Long @8406 TP 8572 SL 8304 still in play

Target Profit Hit.

I think I might short once the pair recovers the gap.

Pending Sell 8610

Pending Buy 8443

I sold at 0.8500, TP is at 0.8450.

Hey guys, been busy this last few days, catching up on news, anyway Euro sentiment is still negative although this trade will probably close the earlier gap.

Some better than expected CPI in the Euro zone, mixed results from the UK side, 84785 on the lower side 87170 on the upper side 84950 looking like a pivot point.

I’m long on this pair, my TP is at 0.8610.

We have Italy unemployment figures at 9am

I deleted that TP, my long position remains open for now.