EUR/GBP
Member Since Sep 12, 2015
1948 posts
Mar 22, 2017 at 14:38
For now I'm Trading eur/usd and some stocks, Ill wait till we get closer to the 29th.
"They mistook leverage with genius".
forex_trader_387595
Member Since Dec 27, 2016
14 posts
Mar 23, 2017 at 07:35
Investors are still very short on the GBP, according to IMM's position report on March 20 and as the risk premium for GBP-discounted Brexit appears to have increased in recent weeks, we see little potential for A break above 0.90.
forex_trader_365504
Member Since Oct 02, 2016
8 posts
Mar 23, 2017 at 07:49
The Eurodollar (EURUSD) price presses in the short term the important resistance that presents in the 1.0829.
<a href='https://www.myfxbook.com/files/renev/EURUS23.gif' target='_blank'>EURUS23.gif</a>
<a href='https://www.myfxbook.com/files/renev/EURUS23.gif' target='_blank'>EURUS23.gif</a>
Member Since Sep 12, 2015
1948 posts
Mar 23, 2017 at 13:06
Just closed out my eur/usd short position 08171-07883 ,went against what most were saying, that's trading.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 25, 2017 at 10:36
Do you think EUR/GBP will continue rising next week, Kieran?
Member Since Sep 12, 2015
1948 posts
Mar 25, 2017 at 13:47
Looking at the net short positions and sentiment for GBP seems negative for pound going forward ,we should get some clues at the London open on Monday, what could happen is a bullish run up till Wednesday, some whipsaw of key levels to drain retail.
"They mistook leverage with genius".
forex_trader_368320
Member Since Oct 12, 2016
12 posts
Mar 26, 2017 at 07:25
The EUR / GBP extended the advance to 0.8660, reaching the highest level in two days. The price then declined slightly and was trading at around 0.8645 / 50, 35 pips higher than yesterday's close.
forex_trader_370040
Member Since Oct 19, 2016
8 posts
Mar 26, 2017 at 07:31
Despite this advance, the price is still moving within a bearish channel that has key resistance around 0.8685 / 90, which is where the upper limit of the channel is passing. If this level were broken and consolidated above, the euro would remove the bearish pressures, opening the doors to more rises. As long as it stays below, the bias could continue to favor the casualties.
From the current level, the supports can be located at 0.8640, followed by 0.8600 / 05 (day minimum) and then 0.8585 (lower limit of the said channel).
From the current level, the supports can be located at 0.8640, followed by 0.8600 / 05 (day minimum) and then 0.8585 (lower limit of the said channel).
Member Since Sep 12, 2015
1948 posts
Mar 27, 2017 at 11:07
We got a jump higher at the open ,Asia session didn't add to the bullish open ,with a decline overnight and this morning, so far it looks like we are going down to 86 or lower, a sell off before re entry I will be keeping an eye on levels and keep you updated if I see any good entry points, I will be playing a bullish trade as we get closer to exit date,short trades in my view will be risky so better to stick to long if we get a strong support level.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 27, 2017 at 12:33
Getting some support at 86300, I have a Long position in place ,I will let it run till I see some weakness, keeping check on 15min chart.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 27, 2017 at 13:56
Two other trades that caught my attention today Gamestop and Snap, Snap had a buy recommendation and price target of 30.
"They mistook leverage with genius".
forex_trader_338100
Member Since Jun 21, 2016
898 posts
Mar 27, 2017 at 19:06
Commerzbank near-term outlook for the cross is neutral, Initial resistance lies at 0.8744 (downtrend) and we suspect that this will cap for now. Above 0.8800, there is scope to tackle the 0.8852 January high. We look for the downside currently to be limited by the 200-day ma at 0.8566.
Member Since Sep 12, 2015
1948 posts
Mar 28, 2017 at 13:30
Eur/Gbp on the move higher, no profit limit set, viewing 86700 though for now.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 28, 2017 at 16:07
No change in direction at London close, still bullish for eur/gbp, reading some news about brexit suggesting it could be a non event.
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 29, 2017 at 10:13
We have a speech by MP May at 11.30 ,hearing there is a leaked document already saying no free trade and a 3 year time limit.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 29, 2017 at 10:36
snapdragon1970 posted:
We have a speech by MP May at 11.30 ,hearing there is a leaked document already saying no free trade and a 3 year time limit.
11:30 what time though? GMT?
Member Since Sep 12, 2015
1948 posts
Mar 29, 2017 at 13:13
You can watch it live here ,yes 11.30 GMT https://www.parliamentlive.tv/Event/Index/6373f9ec-bcca-4419-a848-41946fc07f4a
"They mistook leverage with genius".
Member Since Sep 12, 2015
1948 posts
Mar 30, 2017 at 13:11
We have a bit of a bottom here at 860 ,I will take a Long position from here, last time we were at this level was 03/03.
"They mistook leverage with genius".
Member Since Dec 11, 2015
1487 posts
Mar 31, 2017 at 12:38
Did you manage to close that long position before it dropped even further? 😞
