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EUR/GBP - What a great pair to trade!

  • #3,601
  • Jul 6, 2017 4:32am Jul 6, 2017 4:32am
Quoting Stillearnin
{quote} Can i ask what is in your pics? It looks like a web of some sort, it's very pretty. Not joking, would seriously like to know.
Do you mean that's Indicator on the Platfom's Trade ?

I use cTrader PLatform's & that Indicator (+ Setting) found in Post #452,856 & Post #452,858 in Cable Update (GBPUSD) thread's
Always looking the GREAT, never left GOOD Point...
  • #3,602
  • Jul 6, 2017 4:49am Jul 6, 2017 4:49am
Quoting Tsar
{quote} Do you mean that's Indicator on the Platfom's Trade ? I use cTrader PLatform's & that Indicator (+ Setting) found in Post #452,856 & Post #452,858 in Cable Update (GBPUSD) thread's
Nice thanks!
  • #3,603
  • Jul 9, 2017 11:03pm Jul 9, 2017 11:03pm
Quoting smikester
It is an "up" month, so a couple of buy orders have been triggered just now off that 8 day support level of .876x and they may only make it to the top of the consolidation - maybe .8850? Not the most exciting trades, admittedly.
Well, the price made it, but my trades did not. Isn't that always the way? We are at the top of this six week range again. Let's see if we can go higher and retest .9100.
Gone to a better place
  • #3,604
  • Jul 20, 2017 2:26pm Jul 20, 2017 2:26pm
I'm long here. British Government hasn't got a clue how to handle Brexit. The only reason Theresea May is still in her post is that she is seen as capable and no one else wants to hold the poisoned chalice.

If it were a bookie bet, I'd put it at 10/1 on.
Gone to a better place
  • #3,605
  • Aug 27, 2017 7:52pm Aug 27, 2017 7:52pm
Strong bullish trend continues, both technicals and fundamentals point to further gains.
  • #3,606
  • Aug 28, 2017 7:19am Aug 28, 2017 7:19am
Quoting csc2009
Strong bullish trend continues, both technicals and fundamentals point to further gains.
The cracks are starting to show, SHORT from .9216. After all, EUR/USD is almost at 1.20 and GBP/JPY has reversed at 139.

Imminent signs of EUR/GBP to fall.
Be humble or be humbled.
  • #3,607
  • Aug 29, 2017 6:27am Aug 29, 2017 6:27am
Quoting Temujin
{quote} The cracks are starting to show, SHORT from .9216. After all, EUR/USD is almost at 1.20 and GBP/JPY has reversed at 139. Imminent signs of EUR/GBP to fall.
its going to 0.94
Don't Worry Be Happy
  • #3,608
  • Aug 29, 2017 7:59am Aug 29, 2017 7:59am
great pair this now
short at .9295
next week this will be a hurricane, falling.
I'll shop after the drop
  • #3,609
  • Edited 9:04am Aug 29, 2017 8:51am | Edited 9:04am
Quoting longshot_nl
{quote} I think 0.8935 is still needed. ABCD pattern completed. {image} maybe a butterfly in the making. no abcd pattern in it. so quallity a bit poor. {image}
well that did it.
approaching target area widening wedge.
will be looking to short long term.
i guess i will try 9398, sl 9405

if eurusd hits 2166 or another large level at same time its better.

Attached Image (click to enlarge)
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  • #3,610
  • Aug 29, 2017 11:28am Aug 29, 2017 11:28am
Endtrend???
Attached Image (click to enlarge)
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  • #3,611
  • Aug 31, 2017 12:38pm Aug 31, 2017 12:38pm
Quoting new_member
Endtrend??? {image}
dont know
all i know its next week will start red and will fall to 09155, at least.
im short from 9290
I'll shop after the drop
  • #3,612
  • Sep 1, 2017 9:19am Sep 1, 2017 9:19am
EG spotting really nice opportunity to sell, price is exhausted and needs better price, candles also support the idea of a nice down movement. Shorting EG.

Attached Image (click to enlarge)
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  • #3,613
  • Sep 1, 2017 12:32pm Sep 1, 2017 12:32pm
for next week....
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  • #3,614
  • Sep 2, 2017 7:13am Sep 2, 2017 7:13am
ECB probably won't do anything with their policy next week so the GBP will become stronger and this pair may fall down
Don't Worry Be Happy
  • #3,615
  • Sep 3, 2017 8:43pm Sep 3, 2017 8:43pm
Quoting MrPresident
ECB probably won't do anything with their policy next week so the GBP will become stronger and this pair may fall down
I expect ECB will do nothing next week, but Brexit negotiations are not going anywhere make Pound movement also limited.
  • #3,616
  • Sep 4, 2017 4:08am Sep 4, 2017 4:08am
Still long here. I like the October 2016 high retested and respected:

Attached Image (click to enlarge)
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Gone to a better place
  • #3,617
  • Sep 7, 2017 8:05am Sep 7, 2017 8:05am
Attached Image (click to enlarge)
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Gone to a better place
  • #3,618
  • Sep 7, 2017 8:06am Sep 7, 2017 8:06am
Chart above. Engulfing bullish H4 candle eclipsing all the previous 48 hours and breaking the trend line of the recent retracement.
Gone to a better place
  • #3,619
  • Sep 7, 2017 1:13pm Sep 7, 2017 1:13pm
If you are watching the EURGBP, here's what I am seeing on the H4 time frame. If the current resistance trendline (magenta colour) is effectively breached northward, we may target the next upper trendline (chocolate colour). However, if the resistance trendline is breached southward, we may see a bearish turnaround perhaps with a view to targeting the immediate support trendline (navy colour).

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)
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Do your homework, follow the footprints of smart money
  • #3,620
  • Sep 7, 2017 2:04pm Sep 7, 2017 2:04pm
Quoting KeenPips
If you are watching the EURGBP, here's what I am seeing on the H4 time frame. If the current resistance trendline (magenta colour) is effectively breached northward, we may target the next upper trendline (chocolate colour). However, if the resistance trendline is breached southward, we may see a bearish turnaround perhaps with a view to targeting the immediate support trendline (navy colour). I may be wrong. Trade safe and prosper. KP {image}
If it does hit that blue line it would make a perfect channel. I reversed my short and went long at the break of the magenta line but have been stopped out. I'm waiting for another entry on lower timeframes.
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