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Attachments: EUR/GBP - What a great pair to trade!
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EUR/GBP - What a great pair to trade!

This is a weekly chart. Maybe we will test .8550 again, level which we have struggled with for the past few weeks.

Attached Image (click to enlarge)
Click to Enlarge Name: EurGbp200206w1.png Size: 42 KB
Gone to a better place
Quoting smikester
Thought I'd bring some life back to this thread. This chart shows strong break and re-test of a significant level. This is a line I can trade off. {image}

Well, it worked out great. There was an engulfing, bearish H4 candle off the level. Did I trade it? Completely forgot!
Attached Image (click to enlarge)
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Gone to a better place
Quoting smikester
{quote} Well, it worked out great. There was an engulfing, bearish H4 candle off the level. Did I trade it? Completely forgot!{image}
Let's have a second bite of the cherry, looks like bar number 2 will do the job.
Gone to a better place
Can you post a big picture of this pair for long term... not short move.
Quoting Fari-Logical
Can you post a big picture of this pair for long term... not short move.

Yes, there's a weekly chart above, post 4,001. Here's a monthly chart. It looks bearish to me, but I can't trade off the monthly very easily, you see there may be a bounce at .8320 and it could go as high as .8600 or even .8900 - that sort of thing. Not much point having capital tied up like that.
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Gone to a better place
great. Got it
buy limit 0.8343
Quoting Ziko9o8
buy limit 0.8343
Brave. Any stop loss in mind?
Gone to a better place
My SL depends on what the market will do

I've multiple orders there, I'll scalp some & hold some

If the market break through my support zone as if it didn't exist I'll close with loss.

+ when GU hit 1.3050 I'll watch EG reaction

- Watching now 0.8310 & 0.8330
Quoting Ziko9o8
My SL depends on what the market will do I've multiple orders there, I'll scalp some & hold some If the market break through my support zone as if it didn't exist I'll close with loss. + when GU hit 1.3050 I'll watch EG reaction - Watching now 0.8310 & 0.8330
Thanks for the reply. This area does look pivotal. Would you say the same for GbpUsd at 1.3050? I'm thinking short around there...
Gone to a better place
By the way, I remember you from way back! ;-)
Gone to a better place
Quoting smikester
{quote} Thanks for the reply. This area does look pivotal. Would you say the same for GbpUsd at 1.3050? I'm thinking short around there...
then we have to short it to see the supply around this area

+ Edit:- watching 1.3065 to short
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EG:- buy limit 0.8268 & sell limit 0.8363

GU:- buy limit 1.2975 & sell limit 1.3115 - 1.3100 area
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Click to Enlarge Name: eg m15.png Size: 25 KB
watching 0.8811 to short
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#EURGBP / Weekly
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Let's have some more analysis on this "great pair"!
Gone to a better place
Quoting smikester
Let's have some more analysis on this "great pair"!
I just start buying
Attached Image
Quoting Squiggles
{quote} I just start buying{image}
Thanks Squiggles. Nice looking chart, too. I don't understand any of it. Care to explain what kind of chart I'm looking at?
Gone to a better place
Quoting smikester
{quote} Thanks Squiggles. Nice looking chart, too. I don't understand any of it. Care to explain what kind of chart I'm looking at?
Hi smikester, I agree that chart said little but I’m glad you liked it, thank you. I don't have much time atm but zoomed out on these three charts so you can make more sense of it
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