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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!

eur/gbp is heading up to our tp 80 pips remaining happy tradin........... to all.
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bakare
Ofc it may not happen. But good chance, IMO

You think the big boys will let you ride the long train so easily?
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#EURGBP / Weekly, Daily & H4
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Quoting tehnoob
Ofc it may not happen. But good chance, IMO You think the big boys will let you ride the long train so easily? {image}
Interesting view.
Gone to a better place
Quoting Jugoslavija
{image} {image}
Looking at another point of view - priceless.
Gone to a better place
I think the wave count is done and we going for retracement
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On H4 there is an area, between 0.8829 and 0.8863 where we should find bulls, to push up the price again. I like 0.8857. Price action in the area will give the entry signal.

On D1 it would visit the area 0.9150/0.9215 were we may find bears, and donwtrend up to 0.8340/0.8400

This analisys is based just on the levels where the market will find demand and supply. In reality everything may happen. From BOE there are signals about possible negative rate, it can be a nice push in the market, as we know that EURGBP can be where slow....

Time will tell

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Quoting tehnoob
Ofc it may not happen. But good chance, IMO You think the big boys will let you ride the long train so easily? {image}
Posted daily chart on May 19th

and what the chart looks like now
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Quoting adexadams
eur/gbp is heading up to our tp 80 pips remaining happy tradin........... to all. {image}

Hello Adex,

as it transpired, this trade did not reach TP level and then it sank below the Stop loss. That's because it was bought at near the peak of what was actually an exhaustion warning candle on the 4-hour charts. This happens all the time, especially on hourly+ timeframes. In my experience, big, impressive bullish engulfers after an uptrend has already run, are best taken as signals of potential exhaustion of the uptrend, not as signals to buy. The opposite is the case for big bearish engulfers after a downtrend has already ran for a while

In my case, that candle was my signal to be prepared to short, which is why I did it later on.

I hope this chart explains my approach and post
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#EURGBP / Weekly, Daily, H4 & H1
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Daily chart, lets see...

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COT: The precious data ignored
#EURGBP / H4 & H1
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Quoting andoseg2
{quote} Update: success {image}
Future of UE and EURO - based on money flow of Market participants this is the most probable outcome IF some conditions will be fullfilled. If you do not understand the technical analysis, you can jump at the last picture for conclusion.
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Money moves the market, not an indicator.
I see this pair going up...my trade... rsd
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Quoting rsd886647
I see this pair going up...my trade... rsd {image}
Target hit
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Honestly I like trading EUR/GBP but my favorite EUR pair to trade is EUR/AUD. Yes those pull backs are supper killer, but if you wait and have patience. You can catch a lot of pips. Im current up on EUR/GBP I was hoping Id get a pull before i entered and I did get the pull back . #THANKYOUTRADINGGODS
E:0.8898
SL:0.8828
TP: 0.9097
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I can seee EG forming an H&S pattern.. but many seem to be looking at it bullish..
Quoting Jeremy1998
I can seee EG forming an H&S pattern.. but many seem to be looking at it bullish..
Its not bullish EG is a derivative created by EU (/) GU to create the price of EG and EU and GU are both over bought in a bad way only exception is
GU retested it level and EU did not I truly believe EU and drag EG down.

If EU drops and GU rises the we get chop
If EU and GU drop we get drop
If EU and GU rise we get rise
Quoting q_import
{quote} Its not bullish EG is a derivative created by EU (/) GU to create the price of EG and EU and GU are both over bought in a bad way only exception is GU retested it level and EU did not I truly believe EU and drag EG down. If EU drops and GU rises the we get chop If EU and GU drop we get drop If EU and GU rise we get rise
Yes mate.. spot on.. Placed an sell entry an hour ago.. just my opinion.. lets see how it plays out.
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