EUR/GBP - What a great pair to trade! | Page 32 | 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!

  • #621
  • May 18, 2010 6:31am May 18, 2010 6:31am
Quoting Nectarios
I just went short @ .8590, 50% TP .8550 + 50% .8500, SL .8615

Regards
Nectarios
Just wondering, don't you think we might bounce a little bit at .8565, the consolidation on the hourly that we have just broken out of?
Gone to a better place
  • #622
  • May 18, 2010 6:59am May 18, 2010 6:59am
Quoting sinner-
Came to see if I was the only one who noticed this.

Anyone got ideas on what it means?
Sinner have you ever been hunting snails?
Gone to a better place
  • #623
  • May 18, 2010 7:19am May 18, 2010 7:19am
Quoting smikester
Sinner have you ever been hunting snails?
Just keeping close watch on my chart Mike:

Attached Image
  • #624
  • May 18, 2010 8:16am May 18, 2010 8:16am
Quoting smikester
Just wondering, don't you think we might bounce a little bit at .8565, the consolidation on the hourly that we have just broken out of?
It is possible. Some support will be @ .8560 -5/+5
If it goes through that next support level will be around .8520 -5/+5 levels. (Fib, pivotal, etc).

The 1H chart indicates .8560/.8550 S
The 4H chart indicates .8510/8500 S

Buy I could very well be wrong!

Regards
Nectarios
  • #625
  • May 19, 2010 6:55am May 19, 2010 6:55am
[quote=sinner-;3733444]Just keeping close watch on my chart Mike:

LOL.....loved that snail pic of yours sinner....8600 for a 3rd time?......bon apetit!
it had seemed so obvious at the time
  • #626
  • May 19, 2010 7:03am May 19, 2010 7:03am
Quoting Nectarios
Buy I could very well be wrong!

Regards
Nectarios
Great calls there Nectarios.
Gone to a better place
  • #627
  • May 20, 2010 12:36am May 20, 2010 12:36am
I can't resist playing this exhaustion spike back up at .8600 with full on bearish divergence. Don't know if it will go, though.
Gone to a better place
  • #628
  • May 20, 2010 1:41am May 20, 2010 1:41am
roger u on that smikester.....exhaust yourself

8670 is very possible now.....i'm looking at shorts there but break of that level sees resistance 8700 and 8720 (TL break of large pennant)

like the short at 8700 though.....will do the limit there
it had seemed so obvious at the time
  • #629
  • May 20, 2010 2:50am May 20, 2010 2:50am
price @ 8640 now.....is it a bird, is it a plane, is it a....top?.....just bought swissy for push to 1600+

cld be time to sell euros again?
it had seemed so obvious at the time
  • #630
  • May 20, 2010 3:04am May 20, 2010 3:04am
How did you know it was going to break .8600? LOL... I don't trust that hourly bar so I'm not going to short above .8600 just now.
Gone to a better place
  • #631
  • May 20, 2010 3:08am May 20, 2010 3:08am
My swissie order waiting at 1.1450
Gone to a better place
  • #632
  • May 20, 2010 3:24am May 20, 2010 3:24am
Quoting smikester
My swissie order waiting at 1.1450
What about EUR/CHF ? I'm tempted to short it back to 1.4010.....

Any thoughts?

Regards
Nectarios
  • #633
  • May 20, 2010 3:52am May 20, 2010 3:52am
Hmm. I don't trust that pair. I find it boring and then the SNB makes it exciting on a ιδιοτροπία!
Gone to a better place
  • #634
  • May 20, 2010 4:11am May 20, 2010 4:11am
i have a buy order at 1.4006 on eur/chf, with a tight stop (12.5 pips) and tp of near 300 pips. very good r:r.
worked good yesterday
  • #635
  • May 20, 2010 4:39am May 20, 2010 4:39am
Quoting Nectarios
What about EUR/CHF ? I'm tempted to short it back to 1.4010.....

Any thoughts?

Regards
Nectarios
Read this before you make any decision
http://www.zerohedge.com/article/tod...many-switzerla
  • #636
  • May 20, 2010 5:06am May 20, 2010 5:06am
Quoting smikester
How did you know it was going to break .8600? LOL... I don't trust that hourly bar so I'm not going to short above .8600 just now.
i didnt...but on the daily it did look gd with bullish momentum with daily/wkly/mthly pivots all bunch 8558-75....nice bump and run there

agree with u on eurchf....its abit cat and mouse...i put a buy stop 4060 and caught 120 with a trail....it sure kissed the mthly pivot 4300 nicely

i've got EG 8700 limit on SL 35pips

also, CAD data out later, i see possible spike to 0655 for a sell there for loonie

i've only got brent crude on charts....but i see a retrace sometime soon

anyhow 0655 is 2ndary sell....possible bearish bat there

Attached Image (click to enlarge)
Click to Enlarge Name: loonie.jpg Size: 153 KB


smikey dont kill me for posting the loonie chart
it had seemed so obvious at the time
  • #637
  • May 20, 2010 5:11am May 20, 2010 5:11am
smikey....roger u on 1450 for swissy too....fib support and also horizontal S/R tested 4-5 times....i trailed my 1477 buy to -3pips earlier....will put a small buy now at 1450
it had seemed so obvious at the time
  • #638
  • May 20, 2010 5:12am May 20, 2010 5:12am
ha....i just realised u didnt say if your order was a buy or sell
it had seemed so obvious at the time
  • #639
  • May 20, 2010 6:41am May 20, 2010 6:41am
Quoting sinner-
Read this before you make any decision
http://www.zerohedge.com/article/tod...many-switzerla
Thanks for that Sinner,

I did a quick in & out trade for EUR/CHF S 1.42, and closed @ 1.4150 for 50 pips.

I'm looking for .8700 for a short at EUR/GBP.

Regards
Nectarios
  • #640
  • May 20, 2010 9:53am May 20, 2010 9:53am
Quote...."EUR/GBP is up at .8630 having started out down around .8575 this morning, but is off session high around .8650 having reportedly run into decent selling interest from a Middle Eastern sovereign".... Unquote

Regards
Nectarios
1 trader viewing now