EUR/GBP - What a great pair to trade! | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/GBP

Similar Threads

How to create synthetic pair: GBP/SEK using Gbp/usd*usd/sek 4 replies

Price info indicator needed - one pair's price x another pair 5 replies

Great System to an EA, needs 1 entry per pair 1 reply

Multi-pair trading or Few-Pair Trading. [poll] 15 replies

Post your weekly cross-pair charts: EUR/AUD Looking great now 0 replies

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

EUR/GBP - What a great pair to trade!

  • #221
  • Edited 5:14pm Jan 20, 2010 4:55pm | Edited 5:14pm
ok i can not resist and need confirm !
took a very VERY small long position @ 0.8657 sl 0.8648 (near day low) to test it :-) risk is just really low... (09 pips sl)

this long position is purely based on the new candle from the DAILY Chart. means if i got the SL the gartley pattern i've on my daily chart will repaint and so, will be invalidated until the next daily candle... it's a bet. not a huge risk but a good reward.

My big SHORT pos are still open...

Could this append ???
(and why not ?)
  • #222
  • Jan 20, 2010 4:58pm Jan 20, 2010 4:58pm
Quoting smikester
ZZZzzzzzz. Gnite Don't let it do anything while I'm gone.
Gnite !
  • #223
  • Jan 20, 2010 11:11pm Jan 20, 2010 11:11pm
I see no clear direction here, a correction is in order but it could keep going, i mean you know forex, like I said weekly hae more room to go, but a retrace is due so I'm side lined on this pair for a bit to see a more clear view, now the smaller TF's are gething in place for another down, me think, i mean 1hour is saying up, but not 5M

one hour

Attached Image (click to enlarge)
Click to Enlarge Name: 1hour.gif Size: 11 KB


5Minutes

Attached Image (click to enlarge)
Click to Enlarge Name: 5m.gif Size: 11 KB
The Chonchy
  • #224
  • Jan 20, 2010 11:13pm Jan 20, 2010 11:13pm
for the long timers weekly still down so....

Attached Image (click to enlarge)
Click to Enlarge Name: weekly.gif Size: 14 KB
The Chonchy
  • #225
  • Jan 20, 2010 11:18pm Jan 20, 2010 11:18pm
one hour could be a bear flag and is consolidating for another trip down, who know's, we will have to trade acordingly, with tite stops, good luck
The Chonchy
  • #226
  • Jan 21, 2010 2:17am Jan 21, 2010 2:17am
I traded the break out from the 30m range with TP1 and SL = range. TP2 will be a trailing MA. Too quick for me to post anything and it's only a bit of fun with 0.00001 lots. Next stop .8700 ? I'll post my thoughts if this move matures.
Gone to a better place
  • #227
  • Jan 21, 2010 2:34am Jan 21, 2010 2:34am
GM !
Still Long from 0.8657 sl @ be

For this trade i'm only based on the DAILY Bull Garley... let see where we go...
  • #228
  • Jan 21, 2010 2:47am Jan 21, 2010 2:47am
Looks Like A Retracement Is Stabilizing !

Hmmmmm........


Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP, H4_20100121.jpg Size: 57 KB
Click to Enlarge Name: EURGBP, D1_20100121.jpg Size: 53 KB
* Never Trust To Any Indicator *
  • #229
  • Jan 21, 2010 2:54am Jan 21, 2010 2:54am
Yes and I'll be adding on dips and on a solid close above .8700
Gone to a better place
  • #230
  • Jan 21, 2010 3:41am Jan 21, 2010 3:41am
Is it possible ?
Attached Image (click to enlarge)
Click to Enlarge Name: 1-21-2010%208-52-30%20AM.png Size: 37 KB
  • #231
  • Jan 21, 2010 3:51am Jan 21, 2010 3:51am
Quoting dswk
Is it possible ?
Not sure what you are asking here. Are you using MT4? If so please = File - save as a picture - choose active chart as is - and post that full screen.

I like the chart and it shows we may make it only to the lower trend line. Looking at my chart hourly, we may not make it past .8700
Gone to a better place
  • #232
  • Jan 21, 2010 3:55am Jan 21, 2010 3:55am
Yeh nice entry point for people who entered around 0.8860...too bad i was sleeping
vol is inscreasing on the 0.8700 resistance....i'm hoping for a break of it
If it goes again toward 0.8860 to strenght to break the resistance, i'll probably add longs depending on price action

Have fun
COT: The precious data ignored
  • #233
  • Jan 21, 2010 3:59am Jan 21, 2010 3:59am
Ok exit my long +36.2 pips... looking to see what happends now
  • #234
  • Jan 21, 2010 4:02am Jan 21, 2010 4:02am
Quoting kuroro001
Yeh nice entry point for people who entered around 0.8860...too bad i was sleeping
vol is inscreasing on the 0.8700 resistance....i'm hoping for a break of it
If it goes again toward 0.8860 to strenght to break the resistance, i'll probably add longs depending on price action

Have fun
Whatja mean 8860? Dja mean 8660? Have fun? I will as much as possible.

Hourly closed at 8702 on my feed. Should be a good sign.
Gone to a better place
  • #235
  • Jan 21, 2010 4:03am Jan 21, 2010 4:03am
Quoting smikester
Whatja mean 8860? Dja mean 8660? Have fun? I will as much as possible.

Hourly closed at 8702 on my feed. Should be a good sign.

Yes 0.8660 i meant..sorry
and yes having fun is important !
COT: The precious data ignored
  • #236
  • Jan 21, 2010 5:01am Jan 21, 2010 5:01am
There you go... Hourly inside bar. Fill your boots (carefully) is the expression that springs to mind.
Gone to a better place
  • #237
  • Jan 21, 2010 5:04am Jan 21, 2010 5:04am
is it any good entry guys? or just about revertion?
  • #238
  • Jan 21, 2010 5:28am Jan 21, 2010 5:28am
Quoting Ricardotrade
is it any good entry guys? or just about revertion?
It is a potentially good entry but I wouldn't trade it if you don't know why, with respect.
Gone to a better place
  • #239
  • Jan 21, 2010 5:34am Jan 21, 2010 5:34am
Chart 5 minutes:

Attached Image (click to enlarge)
Click to Enlarge Name: 100121eurgbpm5.gif Size: 27 KB
Gone to a better place
  • #240
  • Jan 21, 2010 1:40pm Jan 21, 2010 1:40pm
She's getting boring. It seems like a race for who can be weakest against the dollar.
Gone to a better place
3 traders viewing now