EURGBP set up ideas

Mar 16, 2022 at 06:42
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109 Replies
会员从Jul 20, 2020开始   399帖子
Jun 25, 2022 at 16:08
Thats a nice uptrend you have spotted. Ill be looking on lower time frames for entries next week
会员从Oct 17, 2018开始   103帖子
Jun 28, 2022 at 19:40
EURGBP Update

Still no big push but slow steady drive up.
As you can see I have added tomorrows news events to the chart to remind us of whats to come.

I see the sell coming in to play and would like to push up to the top of the yellow box tomorrow and then news drive price above the highs and then look to sell off.

But this is only the idea and we know news pushes price so we dont trade news just the after effects.

We will see what this event brings and look for opportunity's to use it in our favour.

When looking at charts there are many things to take in to account but I like to look where is the liquidity. Here it is above the equal highs and below the break of the trendline.
So I will be waiting on my hands to see which if these gets taken first and then look for the move to the opposite side.

Let me know what you think and good trading.

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会员从Dec 09, 2013开始   139帖子
Jul 07, 2022 at 20:04
Today's price action has been very bearish. The daily candle may close as a bearish candle. The daily chart shows that it may end up making a very significant bearish breakout. It means the Bear may dominate in the pair for some days.
会员从Jul 20, 2020开始   399帖子
Jul 11, 2022 at 11:48
Will be looking to the UK this week to see what's happening. Might enter come the end of the week
会员从Dec 09, 2013开始   139帖子
Jul 13, 2022 at 06:25
The pair looks very bearish in the daily chart. The price made a daily breakout at consolidation support. Thus, the sellers may drive the price towards the South. The level of 0.83600 may work as a next level of support.
会员从Oct 17, 2018开始   103帖子
Jul 13, 2022 at 17:47
EURGBP Update idea recap
The trend line mapped out last month has been significantly broken on 4 hour and daily.

Using the fib we place and marked out areas of interest you can see we have retraced significantly. Looking for a set up I have adjusted my entry area as I feel we could still see a final push to take out relative equal lows.
We have see the EUR drop to a huge low for many years and hit 1.000 against USD.
Breaking the trend line and taking out buyers liquidity for the short term i will be looking to target the highs but take partials along the way if we get a good entry set up.
Keep a close eye on market structure and remember key entry and price action will be needed.

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会员从Jul 20, 2020开始   399帖子
Jul 17, 2022 at 15:28
I like the look of this to sweep the lows and fill that imbalance
会员从Apr 09, 2019开始   538帖子
Jul 20, 2022 at 10:18
Have you closed off some profit as I think it could drop from here.
If you can't spot the liquidity then you are the liquidity.
会员从Dec 09, 2013开始   139帖子
Jul 26, 2022 at 07:47
The pair has been heading towards the South by obeying a trend line. The pair produced a bearish reversal candle right at the trend line's resistance. Thus, the sellers may drive the price towards the South further.
会员从Oct 17, 2018开始   103帖子
Jul 26, 2022 at 19:16
EURGBP trade idea
EUR has fallen hard to day over GBP and is in discount for buying opportunities.
From here I well be looking for the 70% and 79% fib levels. Looking for a liquidity run on the lows in to an area of interest. I have 2 marked out but I would prefer the grey box as my entry zone. Currently we are are market close so not the best time to be trading. Will be watching in London open for the opportunity for the set up.

Let me know what you think of this and I will get back to you with an update later on.

附件:

会员从Apr 09, 2019开始   538帖子
Jul 27, 2022 at 11:39
I can see why you have placed your entry there with the FVG starting but I too would want the deeper retracement to the 79 level.
If you can't spot the liquidity then you are the liquidity.
会员从Oct 20, 2018开始   300帖子
Jul 30, 2022 at 10:04
Pezza posted:
EURGBP trade idea
EUR has fallen hard to day over GBP and is in discount for buying opportunities.
From here I well be looking for the 70% and 79% fib levels. Looking for a liquidity run on the lows in to an area of interest. I have 2 marked out but I would prefer the grey box as my entry zone. Currently we are are market close so not the best time to be trading. Will be watching in London open for the opportunity for the set up.

Let me know what you think of this and I will get back to you with an update later on.
Interesting fib levels you’re using.
momchil_slavov@
会员从Jul 20, 2020开始   399帖子
Jul 31, 2022 at 14:50
momo3HC posted:
Pezza posted:
EURGBP trade idea
EUR has fallen hard to day over GBP and is in discount for buying opportunities.
From here I well be looking for the 70% and 79% fib levels. Looking for a liquidity run on the lows in to an area of interest. I have 2 marked out but I would prefer the grey box as my entry zone. Currently we are are market close so not the best time to be trading. Will be watching in London open for the opportunity for the set up.

Let me know what you think of this and I will get back to you with an update later on.
Interesting fib levels you’re using.

Do you use fibs in your own trading too?
会员从Dec 09, 2013开始   139帖子
Jul 31, 2022 at 18:29
The pair is traded below 0.84250. As long as it stays below the level, the sellers may look to go short in the pair as far as the H4 chart is concerned. I assume the pair may remain bearish at the beginning of the next week.
会员从Oct 17, 2018开始   103帖子
Aug 02, 2022 at 15:48
EURGBP Buy idea

My current look for EURGBP this pair has pulled back massive over the last few weeks after everyone seen it turning bullish.
With the break of the trend line and the retracement back to the 79% and in to an area of interest this pair is on my watch list.
This is a daily chart and marked out are 2 key areas I will be watching on the lower TF in London open.
Looking for BOS in 5/15 min TF to show willing to break up for the daily session with my first target back to the 50% level and partials taken there.
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.

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会员从Apr 09, 2019开始   538帖子
Aug 03, 2022 at 09:19
Nice deep retracement which has created a low resistance liquidity run if the overall profile remains bullish. Looking for a reaction here makes sense and allows for discount buys in this range. If price breaks the low then bias changes on this pair.
If you can't spot the liquidity then you are the liquidity.
会员从Jul 20, 2020开始   399帖子
Aug 07, 2022 at 15:53
Just to volatile for me atm. Ill be using this pair to see which is stronger to trade EURUSD and GBPUSD
会员从Oct 17, 2018开始   103帖子
Aug 09, 2022 at 19:14
EURGBP trade update and outlook

EURGBP traded up nicely of the area I marked out last week and is running for 6% at the moment and not far from my TP. This pair has now retraced and nearly back up to the sell side of this pair. I have moved SL up to lock in 4%. Marked up above the TP is 2 areas where I will be watching price the lower of the zones are back in to a daily OB and consolidation range so could be more reactive.
 Looking for a short term sell option back down to the 0.8400 level but we will have to wait to see what price will do this week.

Let me know if you caught the trade and your set ups in the next week.

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会员从Dec 09, 2013开始   139帖子
Aug 16, 2022 at 07:39
The H4 chart shows that the pair has been heading towards the South. The level of 0.84175 has held the price as a level of support. A bearish breakout at the level may drive the price towards the South further.
会员从Apr 09, 2019开始   538帖子
Aug 16, 2022 at 10:38
Yeah still bearish bias on this pair but on lower time frames there are opportunities to trade the retracements as the OP is doing.
If you can't spot the liquidity then you are the liquidity.
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