EUR/GBP
Mitglied seit Sep 12, 2015
1948 Posts
Jun 28, 2017 at 13:19
A retest of 87900 looks to be in sight, some data out tomorrow from UK and EU
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jun 28, 2017 at 19:01
Happy to close this trade from earlier ,posted it in charts before hand, if only every trade was as easy.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Jun 30, 2017 at 10:26
snapdragon1970 posted:
A retest of 87900 looks to be in sight, some data out tomorrow from UK and EU
Good call. I thought it will keep rallying, but apparently it's too early for that.
Mitglied seit Sep 12, 2015
1948 Posts
Jun 30, 2017 at 11:18
Need to break above 0.88050 before I see a positive upward move.
"They mistook leverage with genius".
Mitglied seit Jun 02, 2017
13 Posts
Jun 30, 2017 at 12:14
when should the Brexit procedure will be completed ?
what time would be the best time to open a position EUR/GBP?
what time would be the best time to open a position EUR/GBP?
Mitglied seit Dec 11, 2015
1487 Posts
Jul 01, 2017 at 11:57
icepower72 posted:
when should the Brexit procedure will be completed ?
what time would be the best time to open a position EUR/GBP?
It will take years for the negotations to be completed. And during that time all GBP pairs will be very volatile, I think.
Mitglied seit Sep 12, 2015
1948 Posts
Jul 01, 2017 at 11:59
Both sides want it sorted as soon as possible,it all depends on negotiations, well if your late to the party wait for the next ECB /Mark Carney meeting ,its trying to break above 88 level but as you can see on the 4 hour chart its showing a down trend,better to wait for strong support ,the gap down at 87 still has to be closed yet, apart from that most traders remain dip buyers.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Jul 02, 2017 at 11:04
You're right about all of them wanting it sorted as soon as possible. I'm just sceptical that they'd actually be able to achieve it.
Mitglied seit Dec 11, 2015
1487 Posts
Jul 03, 2017 at 12:00
The pair is so choppy it's difficult to trade at all, unless one is scalping. I had a short position earlier today and closed it at a loss.
Mitglied seit Sep 12, 2015
1948 Posts
Jul 03, 2017 at 17:15
I'm just breaking even ,my first trade this morning on eur/usd went up a bit then sank, lucky I had a tight stop loss, took a second trade on eur/gbp 87650 looks to be holding.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jul 03, 2017 at 18:00
mlawson71 posted:icepower72 posted:
when should the Brexit procedure will be completed ?
what time would be the best time to open a position EUR/GBP?
It will take years for the negotations to be completed. And during that time all GBP pairs will be very volatile, I think.
That's good news for us Traders, the longer it drags out,we need volatility .
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jul 04, 2017 at 07:12
This mornings trade,Long at 87739 got knocked out last night,I was up 400e ,140e loss got distracted forgot to close my position before the 10pm spike.
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jul 04, 2017 at 07:20
GB PMI data out later followed by EUR PPI.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Jul 04, 2017 at 13:09
snapdragon1970 posted:mlawson71 posted:icepower72 posted:
when should the Brexit procedure will be completed ?
what time would be the best time to open a position EUR/GBP?
It will take years for the negotations to be completed. And during that time all GBP pairs will be very volatile, I think.
That's good news for us Traders, the longer it drags out,we need volatility .
That depends on whether the volatility is predictable or not, I think.
Mitglied seit Sep 12, 2015
1948 Posts
Jul 04, 2017 at 15:22
We wait for major support areas to be triggered then take a view of direction .
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jul 05, 2017 at 17:44
We are in consolidation since 10.30 ish ,assume a break out soon ,I smell a trade for the long side if it gets some support @ 87750
"They mistook leverage with genius".
Mitglied seit Sep 12, 2015
1948 Posts
Jul 06, 2017 at 12:26
Its finally broke above 88 now will it find support at that level ,will wait for retest to that level first before going long.
"They mistook leverage with genius".
Mitglied seit Dec 11, 2015
1487 Posts
Jul 06, 2017 at 13:27
All I am seeing is more and more range. Are you managing to trade this pair at all at the moment?
Mitglied seit Sep 12, 2015
1948 Posts
Jul 07, 2017 at 07:14
I went long at 87951, your right it has been range trading, I was waiting to see if there was any support around 88 so far doing well, looking to first r1 88300
"They mistook leverage with genius".
