EURGBP set up ideas
Aug 16, 2022 at 19:33
EURGBP Sell Opportunity
Currently this pair is still trading bearish on the daily and 4 hour set ups. We have taken profit from our last trade and now looking to see what price will do. Currently apart for a small FVG marked out in the sell entry and market structure these are the many confirmations to the sell idea. There are no news drivers for EUR or GBP today there for a continuation move would make sense.
With this idea I would suggest a 1/2 risk trade and move SL early.
Let me know if you catch this trade and your set ups in the next week.
Currently this pair is still trading bearish on the daily and 4 hour set ups. We have taken profit from our last trade and now looking to see what price will do. Currently apart for a small FVG marked out in the sell entry and market structure these are the many confirmations to the sell idea. There are no news drivers for EUR or GBP today there for a continuation move would make sense.
With this idea I would suggest a 1/2 risk trade and move SL early.
Let me know if you catch this trade and your set ups in the next week.
Attachments:
Aug 23, 2022 at 19:38
EURGBP
EUR being driven down currently against USD, this is also shown on EURGBP From here we have pushed down in to a daily order block, Today we have also taken out the daily low of the week and held, currently we are looking for the 79% fib level and a reaction from the FVG. This set up looks good and i will be looking for this to hold over night break down at London open and then show bullish momentum.
If we dont get this move and we break to the down side I will be watching the 0.83800 level for the next reaction zone.
Remember we only enter if we see lower TF entry set ups in out trading times.
Will be looking for BOS in 5/15 min TF, Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
EUR being driven down currently against USD, this is also shown on EURGBP From here we have pushed down in to a daily order block, Today we have also taken out the daily low of the week and held, currently we are looking for the 79% fib level and a reaction from the FVG. This set up looks good and i will be looking for this to hold over night break down at London open and then show bullish momentum.
If we dont get this move and we break to the down side I will be watching the 0.83800 level for the next reaction zone.
Remember we only enter if we see lower TF entry set ups in out trading times.
Will be looking for BOS in 5/15 min TF, Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
Attachments:
Member Since Jul 20, 2020
399 posts
Aug 28, 2022 at 09:59
Pezza posted:
EURGBP
EUR being driven down currently against USD, this is also shown on EURGBP From here we have pushed down in to a daily order block, Today we have also taken out the daily low of the week and held, currently we are looking for the 79% fib level and a reaction from the FVG. This set up looks good and i will be looking for this to hold over night break down at London open and then show bullish momentum.
If we dont get this move and we break to the down side I will be watching the 0.83800 level for the next reaction zone.
Remember we only enter if we see lower TF entry set ups in out trading times.
Will be looking for BOS in 5/15 min TF, Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
Looks like a nice trade, imbalance is nicely filled and a solid area for TP with the liquidity resting above them highs
Member Since Apr 09, 2019
538 posts
Sep 05, 2022 at 10:42
Needs to make a HH for me to confirm bullishness. Otherwise it's stuck in a range for now.
If you can't spot the liquidity then you are the liquidity.
Member Since Jul 20, 2020
399 posts
Sep 05, 2022 at 17:14
sebking1986 posted:
Needs to make a HH for me to confirm bullishness. Otherwise it's stuck in a range for now.
It has been on a the higher timeframes for a while now. Really hard to see where it will go from here but ill be looking at the HTFs to guide me for sure
Member Since Jul 20, 2020
399 posts
Sep 12, 2022 at 16:31
Be interesting to see how it goes with hiking interest rates again. Surely something has to give with this pair soon
Sep 13, 2022 at 20:18
EURGBP trending up
This pair has been steadily trading upwards, Yesterday we pushed up and set relative equal highs. I will be looking for this pair to retrace back to the FVG but not take out the low that formed.
From here will will be looking for time and price to match up over London or New York trading session.
Will be looking for BOS in 3/5 TF, Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
If we break the low continuation to the down side will be expected and trade invalid.
Let me know what you think of the idea.
This pair has been steadily trading upwards, Yesterday we pushed up and set relative equal highs. I will be looking for this pair to retrace back to the FVG but not take out the low that formed.
From here will will be looking for time and price to match up over London or New York trading session.
Will be looking for BOS in 3/5 TF, Keep a close eye on market structure and remember key entry and price action will be needed.
Let me know what you think of this set up.
If we break the low continuation to the down side will be expected and trade invalid.
Let me know what you think of the idea.
Attachments:
Member Since Jul 20, 2020
399 posts
Sep 19, 2022 at 16:10
sharabela posted:Ive been looking at this area too. Its just in such a range i cant enter until i have more confirmations
The pair seems to be bearish upon finding its resistance at 0.86800. The sellers may look to go short in the pair. The level of 0.87700 may hold the price as a level of next support in the H4 chart.
Member Since Apr 09, 2019
538 posts
Sep 20, 2022 at 14:27
Break of structure this week could indicate some bullishness on this pair.
If you can't spot the liquidity then you are the liquidity.
Sep 20, 2022 at 19:28
EURGBP FOMC ideas
This pair has been pulling up nice over the last few weeks. Still looking for the buy set ups over the 2 options but with FOMC tomorrow we may see a reaction pop up and then break back down with the news. pushing back down and dropping back in to the FVG and bullish order block recharging before we continue the up move. With Events like these we do not trade the news but wait to see where price gets driven the reaction off the news and then down to a target area.
Both of these set ups would yield around 6% account growth so looking for a good entry is important also.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
What do you think of this pair at the moment?
This pair has been pulling up nice over the last few weeks. Still looking for the buy set ups over the 2 options but with FOMC tomorrow we may see a reaction pop up and then break back down with the news. pushing back down and dropping back in to the FVG and bullish order block recharging before we continue the up move. With Events like these we do not trade the news but wait to see where price gets driven the reaction off the news and then down to a target area.
Both of these set ups would yield around 6% account growth so looking for a good entry is important also.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
What do you think of this pair at the moment?
Attachments:
Member Since Apr 09, 2019
538 posts
Sep 22, 2022 at 12:20
I would say quite the opposite. Recent high broken so it is now retracing. Zoom out on daily and you will see HH and HL forming on this pair.
If you can't spot the liquidity then you are the liquidity.
Member Since Jul 20, 2020
399 posts
Sep 25, 2022 at 15:16
sebking1986 posted:
I would say quite the opposite. Recent high broken so it is now retracing. Zoom out on daily and you will see HH and HL forming on this pair.
Higher time frames are like the secret sauce, really gives such a good insight into bias and that can lead to good trades
Member Since Apr 09, 2019
538 posts
Sep 28, 2022 at 13:24
Some massive volume came in he last week or so
If you can't spot the liquidity then you are the liquidity.
Member Since Mar 31, 2021
229 posts
Sep 30, 2022 at 11:57
For now I might to say there is a downward correction on EURGBP. It was starting bullish movement, but pair did not break out the support level and now started falling.
Think thrice before opening an order
