EUR/GBP

Looking at the chart 90 would be my TP area but that all depends on how it moves on the chart, that takes experience.

I did close my long at 0.8950. I could have - probably should have - kept it open for longer, but it's too late now. Do you think this was the end of the rally?

Doubt it, looking at the daily chart no engulfing candle yet ,still looking bullish long term, a break of 88600 could see it go lower, might get a clearer picture around 15.30-15.45 GMT ,Friday not the best day for trading ,I usually close positions before London close.

snapdragon1970 posted:
Doubt it, looking at the daily chart no engulfing candle yet ,still looking bullish long term, a break of 88600 could see it go lower, might get a clearer picture around 15.30-15.45 GMT ,Friday not the best day for trading ,I usually close positions before London close.

The daily candle didn't end up as an engulfing one once it closed after all, even though there was a sharp pullback from 0.9020. We'll see how it will develop on Monday.

We are back to the same levels as Aug support level, all eyes on Spanish news and Japanese election later, midweek with UK and EU data, I will be buying dips till then, both eur/gbp and usd/chf correlation of interest.

It looks like EUR/GBP will rebound from 0.8900. There is a very strong support there, I think I might open a long again.

I will wait for support at 89200 on a re test for a Long ,89400 would be better though on the 1hr chart.

I have just gone short. Looking for around 30 pips for an intra day trade

This close to a whole number it can go either way,random trading so far, I'll wait for strong support bias is bullish for EU.

Eur/USD break out move ,interesting trade at this level 17600 support would be a bonus

Don't get too excited but Eur/£ is ticking up from 88900

snapdragon1970 posted:
Don't get too excited but Eur/£ is ticking up from 88900

Too late, I am already excited about it. 😁
In all seriousness, I think it will rally back to 0.9000.

Its made a nice curve as a floor usually a sign of buyers coming in, 89400 first hurdle, Eur/USD making attempts towards 1.17700,tested it twice so far.

I put a small short on Eur/NZD with minimum stop ,it might flip over as US open begins.

mlawson71 posted:

snapdragon1970 posted:
Don't get too excited but Eur/£ is ticking up from 88900

Too late, I am already excited about it. 😁
In all seriousness, I think it will rally back to 0.9000.

Nice profit today mlawson, now you can be excited!

And now it's back to 0.8900. I am starting to get tired of this range. Any ideas what could finally end it?

Did you check out the chart I posted earlier in the charts section.

ECB news in 3 mins, watch out for swings and take your time at taking a position.

Probably back to 0.8750 area
SL above current pinbar