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EUR/GBP - What a great pair to trade!

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  • Post #4,241
  • Quote
  • Feb 5, 2022 4:01am Feb 5, 2022 4:01am
  •  Fibonacci.bd
  • | Joined Oct 2021 | Status: Member | 138 Posts
The pair produced two big bullish candles in the daily chart. The chart shows that the price had a bounce at the support twice. Thus, it is going to be considered as a Double Bottom. A corrective candle followed by a bullish reversal candle may push the price towards the North and make a new higher high. I am going to keep my eyes to go long in the pair next week.
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  • Post #4,242
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  • Feb 7, 2022 5:34am Feb 7, 2022 5:34am
  •  Ayax.TSS
  • Joined Apr 2019 | Status: Member | 2,387 Posts
#EURGBP / Daily
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  • Post #4,243
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  • Edited Feb 8, 2022 2:29am Feb 7, 2022 9:39pm | Edited Feb 8, 2022 2:29am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
Went short @50

Update: SL clos>65, TP 20-25

Update 2: SL @BE
 
 
  • Post #4,244
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  • Feb 8, 2022 3:20am Feb 8, 2022 3:20am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
Closed Short @TP +28
 
 
  • Post #4,245
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  • Feb 12, 2022 11:48am Feb 12, 2022 11:48am
  •  Fibonacci.bd
  • | Joined Oct 2021 | Status: Member | 138 Posts
The pair has been very bearish in the H4 chart. The price has been heading towards the South with strong bearish momentum. The pair closed its trading week right at a level where the price reacted earlier. The level has a potential to be a flipped level of support. A breakout below may add more bearish momentum. On the other hand, a bullish reversal pattern may attract the buyers to go long in the pair.
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  • Post #4,246
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  • Edited 5:00am Feb 14, 2022 4:00am | Edited 5:00am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
bought this for half a tank @75 sup

Update: closed @69, -3
 
 
  • Post #4,247
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  • Feb 17, 2022 1:42am Feb 17, 2022 1:42am
  •  ZeroLag
  • | Joined Jun 2020 | Status: Member | 808 Posts
this pair looks bearish as hell to me, feel like selling the farm...probably will blow up in my face
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Get the Lag out
 
 
  • Post #4,248
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  • Feb 23, 2022 6:59am Feb 23, 2022 6:59am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,166 Posts
Nice setup
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  • Post #4,249
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  • Feb 24, 2022 12:45am Feb 24, 2022 12:45am
  •  aahmad29
  • Joined Aug 2012 | Status: Love for all; Hatred for none | 2,179 Posts
Grid setup in place with values 8321 and 8295 with target of 10 pips profit. so lets see when i get my profit
Love for all; Hatred for none.
 
 
  • Post #4,250
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  • Feb 28, 2022 4:28am Feb 28, 2022 4:28am
  •  josip
  • Joined Dec 2015 | Status: Member | 1,166 Posts
MY VIEW
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  • Post #4,251
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  • Mar 5, 2022 3:54am Mar 5, 2022 3:54am
  •  Fibonacci.bd
  • | Joined Oct 2021 | Status: Member | 138 Posts
The price has been obeying a down trending trendline and heading towards the South. The level of 0.82300 has been working as a level of support, which produced a bullish reversal candle. The sellers are to wait for the price to make a bearish breakout at the support to go short in the pair. Alternatively, if the price makes a long bullish correction and produces a bullish reversal pattern at the trendline's resistance, the sellers may go short in the pair as well.
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  • Post #4,252
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  • Edited 3:08am Mar 11, 2022 2:04am | Edited 3:08am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
In long @figure, piv

Update: closed BE, gold bouncing
 
 
  • Post #4,253
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  • Edited 4:22am Mar 11, 2022 3:15am | Edited 4:22am
  •  deukae
  • Joined Jan 2022 | Status: Member | 412 Posts
Reversed to short, @98

Update: closed @03, -5

Update2: long 98

Update3: closed long 00, +2
 
 
  • Post #4,254
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  • Mar 29, 2022 5:39am Mar 29, 2022 5:39am
  •  hanzohas
  • | Joined Mar 2022 | Status: Member | 35 Posts
I think it's time for a little reversal
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  • Post #4,255
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  • May 4, 2022 11:29am May 4, 2022 11:29am
  •  AustinMB
  • | Commercial Member | Joined Apr 2022 | 26 Posts
EURGBP Trade Review.
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1
  • Post #4,256
  • Quote
  • May 5, 2022 9:26am May 5, 2022 9:26am
  •  Polimini
  • Joined Mar 2022 | Status: Member | 484 Posts
It has to come down after this rally caused by the BoE increase in interest rates.
Now the question is by how much, i still such at exit points
 
 
  • Post #4,257
  • Quote
  • May 5, 2022 9:36am May 5, 2022 9:36am
  •  T4Trade
  • Joined Sep 2017 | Status: Trend Following,Price Action,Grid | 2,090 Posts
This pair sucks so badly,i got rid of it today with a minimum loss.
 
1
  • Post #4,258
  • Quote
  • May 5, 2022 9:42am May 5, 2022 9:42am
  •  Polimini
  • Joined Mar 2022 | Status: Member | 484 Posts
Quoting T4Trade
Disliked
This pair sucks so badly,i got rid of it today with a minimum loss.
Ignored
it has been very flat that's true, but i'm still riding this correction, let's see.
 
 
  • Post #4,259
  • Quote
  • May 5, 2022 9:56am May 5, 2022 9:56am
  •  JackintheBox
  • Joined Sep 2008 | Status: Member | 1,278 Posts
Quoting T4Trade
Disliked
This pair sucks so badly,i got rid of it today with a minimum loss.
Ignored
Haha, due to other issues, I have to trade with it. I HATE IT, LOL. EUR/GBP ist going up without any retrace and going down afterwards without any retrace. It is horrible. I wish it would move like GBP/USD. Not sure why this pair ist most times so ugly. Other EUR or GBP currencies are not like that.

Very special.
 
 
  • Post #4,260
  • Quote
  • May 5, 2022 9:59am May 5, 2022 9:59am
  •  Polimini
  • Joined Mar 2022 | Status: Member | 484 Posts
still made 30$ thanks to the SL but i was not expecting change direction so soon. If this thing doesn't came back to 0.846 i definetly got to back to retink my strategy
 
 
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