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

Euro/Gbp This pair is still on daily uptrend, retracement is at 0.8850, break and base below would target 0.8750 while high is at 0.9000 then if breaks, 0.9040 must hold
Planning Long entry on pullback to 0.8835, which is important high (wave B) and fibonacci 61.8.

http://4.bp.blogspot.com/-s5H6u5Ychx...t+pullback.png
Quoting suirad
Planning Long entry on pullback to 0.8835, which is important high (wave B) and fibonacci 61.8.
Looks good. I'll put an alarm at that figure.
Gone to a better place
Medium Term Stratgey(Daily):

Euro/Gbp This pair fell from uptrend and now moving in a squeezed area bt. resistance at 0.8890 break and base above is to high at 0.8960/70 while breaking below support at 0.8840 is to 0.8780.
EUR/GBP is a very good pair for swing traders!

Just open a 4-h chart and wait for a pin bar which indicates a reversal during rebound.
LONG EUR/GBP


WEEKLY pivot at 0.8864

It's going to go for it.

it's on it's way.
Quoting Praga
LONG EUR/GBP


WEEKLY pivot at 0.8864

It's going to go for it.

it's on it's way.


Closed all my positions with BIG profit. NICE WEEK.
exited last order for +309 pips. further plans to go long:

http://4.bp.blogspot.com/-HSEfkIAXIl...r+309+pips.png
so anyone going short for this week ?
Quoting DrLobo
so anyone going short for this week ?
Sure, managed to sell at 0.9062, going to average endlessly and expecting return to .88 region again.
Just a pure PA
Trader from Croatia
Nice...
Trader from Croatia
Quoting JanPoko
Sure, managed to sell at 0.9062, going to average endlessly and expecting return to .88 region again.
Just a pure PA
Put a Stop at +25 pips now and wait for further ride down the slope
top is formed at 0.9083 and intraday bias in EUR/GBP is neutral for the moment.
downside of retreats should be contained well above 0.8858 support and bring rally resumption.
rise from 0.8284 should have resumed and above 0.9083 will target 100% projection of 0.8067 to 0.8941 from 0.8284 at 0.9158 next.
Quoting Julian_Ass
rise from 0.8284 should have resumed and above 0.9083 will target 100% projection of 0.8067 to 0.8941 from 0.8284 at 0.9158 next.
It is a common habit to mention a source, when quoting someone else ideas. Boys from ActionForex could have some objections...
Gentleman's :-)


What's the latest development on that pair ? I just would like to get second opinion on direction of EUR/GBP within next 5 days as I want to transfer my money.
Shorts should be careful around the .9000 mark as this could be a break and retest. Just my opinion.
Gone to a better place
any one is going to short?
Yahoo Id: arash_yashil
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