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EUR/GBP - What a great pair to trade!

  • #3,921
  • Jun 6, 2019 6:13am Jun 6, 2019 6:13am
Retesting historical support at .8850. This is an important level and I would be looking for long entries here. However, a solid daily close below this level would mean a bearish outlook.

I'm not excited about trading this pair at the moment, like one or two others have commented. This is mainly due to the political situation.
Gone to a better place
  • #3,922
  • Jun 6, 2019 7:11am Jun 6, 2019 7:11am
Eyes on
Inserted Video
Markets are Irrational
  • #3,923
  • Jun 13, 2019 9:33am Jun 13, 2019 9:33am
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Money moves the market, not an indicator.
  • #3,924
  • Jun 18, 2019 10:16am Jun 18, 2019 10:16am
Can Super Mario reverse the tide?
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Timing Direction Strength
  • #3,925
  • Jun 20, 2019 4:08pm Jun 20, 2019 4:08pm
- Going to scalp shorts till 0.882
  • #3,926
  • Jun 25, 2019 4:02am Jun 25, 2019 4:02am
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Money moves the market, not an indicator.
  • #3,927
  • Jul 1, 2019 5:55am Jul 1, 2019 5:55am
Quoting andoseg2
{image}

I always appreciate charts being posted, and this one is nicely produced and identifies an important level for shorts. Thanks for the input. Very sound methodology. Looks now as though we might test .9000.
Gone to a better place
  • #3,928
  • Jul 1, 2019 10:37am Jul 1, 2019 10:37am
Quoting andoseg2
{image}
Good day Andoseg2 respect to you and your analysis I have a question though. Looking at the weekly anchor its obvious we are in a mark up phase, shouldn't we look for opportunity to stalk buy on the 4H TF? Could it be because of the strong SR zone ahead? Could it be because of the last 3weeks candles that are running out of steam?
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  • #3,929
  • Jul 2, 2019 6:57am Jul 2, 2019 6:57am
As you can see momentum is diminishing and bull trend force is actually evaporated. Nobody know if it will turn into a bear trend or will continue up. We can only supose it will turn back and we shall stalk for lower highs and lower low .
0.8870 remain as the keylevel support to be broken before a sell to be initiated.
Money moves the market, not an indicator.
  • #3,930
  • Jul 2, 2019 9:15am Jul 2, 2019 9:15am
Quoting andoseg2
As you can see momentum is diminishing and bull trend force is actually evaporated. Nobody know if it will turn into a bear trend or will continue up. We can only supose it will turn back and we shall stalk for lower highs and lower low . 0.8870 remain as the keylevel support to be broken before a sell to be initiated.
Makes a bunch of sense. Thank you
  • #3,931
  • Jul 4, 2019 4:35am Jul 4, 2019 4:35am
Quoting andoseg2
As you can see momentum is diminishing and bull trend force is actually evaporated. Nobody know if it will turn into a bear trend or will continue up. We can only supose it will turn back and we shall stalk for lower highs and lower low . 0.8870 remain as the keylevel support to be broken before a sell to be initiated.
Might be worth a sell from here though..
If you want in on my experimental EA, PM me.
  • #3,932
  • Jul 10, 2019 9:19am Jul 10, 2019 9:19am
Could this be the right time I have been waiting for? Well, let price and time decide on that
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  • #3,933
  • Jul 10, 2019 9:49am Jul 10, 2019 9:49am
Quoting sepramfx
Could this be the right time I have been waiting for? Well, let price and time decide on that{image}
- Buy it, I lost a lot trying to catch the top.

- I think we're heading for 0.9075 then 0.9150

- It seems 0.8975 will be a good support.
  • #3,934
  • Jul 10, 2019 10:53am Jul 10, 2019 10:53am
Quoting Ziko9o8
{quote} - Buy it, I lost a lot trying to catch the top. - I think we're heading for 0.9075 then 0.9150 - It seems 0.8975 will be a good support.
Trying to catch top? far from it. I am not trying to catch top I look out for structure either at the top, bottom or middle of the trend. I am not a scalper but a swing trader plus a strong top-down analysis. I don't just base my analysis on a single candle
Did I here you say BUY IT? what are your reasons for buying? do you buy into trouble area? Take a look at the chart on post #3,928 to see the resistance zone I am referring to
  • #3,935
  • Jul 10, 2019 11:38am Jul 10, 2019 11:38am
Quoting sepramfx
{quote}....... Did I here you say BUY IT? what are your reasons for buying? do you buy into trouble area?
- 0.8975 was a very good resistance, now may be its becoming a support.
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  • #3,936
  • Jul 10, 2019 12:52pm Jul 10, 2019 12:52pm
Quoting Ziko9o8
{quote} - 0.8975 was a very good resistance, now may be its becoming a support. {image}
*Did you just say BUY? Yes! Why?
*Its obvious you did not check the post I request you to check.
*Besides I am not SELLING until I have a confirmation to do so.
*Its a fact that Resistance turn support and support turn resistance that is just a change of polarity. Informed trader will not buy into R and sell into S If the SR is from the HTF anchor
  • #3,937
  • Jul 12, 2019 8:33am Jul 12, 2019 8:33am
EURGBP trade report
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  • #3,938
  • Jul 16, 2019 7:28am Jul 16, 2019 7:28am
buy limit 0.9010
  • #3,939
  • Jul 21, 2019 6:27am Jul 21, 2019 6:27am
How GBP/... is a great pair?
  • #3,940
  • Jul 22, 2019 3:37am Jul 22, 2019 3:37am
gbp/usd is a great pair as is heading dawn to meet our tp as you can see the chart bellow
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