EUR/GBP

snapdragon1970 posted:
Thanks for posting, your minor R1 is in the wrong place, its around 85 ,next is 85200 its doubtful that GBP will reach that bottom of 83326 anytime soon, nothing wrong with drawing trend lines they do give some clues, but if everyone is using them where is the edge.

My friend, I can assure you that my Support & Resistant are perfect. Most price action traders just put it in wrong place. and I didn't mind you say that, you would not have if you taken this course https://fxtemper.com/core-price-action-course/

Anyway, My trade setups will take max 2 weeks more, And I am happy with that. Being a swing trader in Daily candle I know this a long time ago.

Here in chart I point out the support and resistant with more clearly by 'hand direction' check it here

I am bearish at EURGBP due to a downtrend. I believe EURGBP is going to make a Resistant between .85718-.86262 .

We are very much news dependant at the moment so the normal rules are sketchy , technical will be secondary, https://www.reuters.com/article/us-germany-security-merkel-euro-idUSKBN15X07C

Things have been this dependent on news at least for the past year, if not always. We just have to learn to deal with it, unfortunately.😞

Just looking at a possible long on EUR/USD and EUR/GBP off 06150 and 85250, looks like it is making an attempt to go higher.

My Eur/Usd position is doing well just need to break the next R1 06250.

Its 2 years away at least, enjoy the swings in the meantime.

Long Eur/Gbp , break even at 084843 hope to hit 85, Eur/Usd looks interesting at 05200 Long

My EURGBP view remains same. We would still see downward pressure. Article 50 will be trigger at March till then I will follow the price action.

EUR is too much over valued. Most of the EU nations need much lower EUR.

Ahead of March I will leave GBPUSD as it is and stay with other weaker currency against GBP. Follow price action on naked chart avoid indicators and autochartist (which is total B.S).
  

Had a nice trade this morning ,just took another Long breakeven 84390 Eur/Gbp and Eur/Usd 05310 breakeven.

If anyone is interested in a Demo challenge I can send details

Just taken a short 84442 its not long till 1.30 so I will close just before hand , 1% risk of a loss if it goes against me.

I opened a long at 0.8420, my TP is at 0.8460.

I will take my next Long position if I see any sudden movements around 3.30 -3.45 we had engulfing bars at 3.07 suggesting some more downside which is playing out already, breaking 84300 the next whole number we will see what happens.

Possible round trip down to 84050, I will sit on my hands for now till I see something interesting

Omg eur/usd has gone nuts nice buy off the bottom and eur/gbp wow.

mlawson71 posted:
I opened a long at 0.8420, my TP is at 0.8460.

Hope you scalped well my friend.

I took out of my positions at .8410 , was nice short from .8620 zone

Yes I had a great day, easy when you get the right direction, I just took a Long off the bottom 84293, my stop 84180 TP 84500

snapdragon1970 posted:
Yes I had a great day, easy when you get the right direction, I just took a Long off the bottom 84293, my stop 84180 TP 84500

Great