Do or die.
May die trying to get this right... but never give up... 31 replies
trying to make a multipair buy and sell script 6 replies
David savage account: live or die trying 3 replies
Trying to make it! 23 replies
DislikedMission #34 Begins Fundamentally, I believe the trend for the eurgbp is down. But because I am extra wary of the gbp crosses, I have entered with a smaller lot size for this mission. {image}Ignored
Disliked{quote} what are your reasons for believing that the trend for eur/gbp is down on a fundamental basis?Ignored
Disliked{quote} According to the economic indicators, the British economy is doing slightly better than the Eurozone economy. Also, there has been a flurry of media coverage over how well the country is doing. Another thing to consider is that when looking at the price trends of the gbp and eur pairs, you can see that the gbp is showing a stronger bullish signs. This said, the gbp is now showing signs of a slowdown and we may see a correction soon.Ignored
Disliked{quote} Can't really see that. And not sure if other people in the market have a particular bias when it comes to eur/gbp. There are much better opportunities in the market. And from what I saw in your last posts, you are not very successful with your approach. I believe it is due to the fact that you are taking way too many trades. You are not waiting for the golden opportunities, when fundamentals and technicals line up. Imagine you would have held any jpy cross since november with a big position. Talks of monetary easing in japan have catapulted...Ignored