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EUR/GBP - What a great pair to trade!

  • #1,441
  • Sep 15, 2011 2:06am Sep 15, 2011 2:06am
Quoting longshot_nl


this is not enough for me to trade though
.....
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  • #1,442
  • Sep 15, 2011 4:02am Sep 15, 2011 4:02am
Took a nice short on a doji , hoping to get few pips till it hits support trendline .
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  • #1,443
  • Sep 16, 2011 4:49am Sep 16, 2011 4:49am
Nicely taken even if it's counter trend. I have used that FX divergence indicator. Very useful if you see one of those arrows in the direction of the overall trend...
Gone to a better place
  • #1,444
  • Sep 30, 2011 8:01am Sep 30, 2011 8:01am
Sell..0.8640..sl 0.8682
Trader from Croatia
  • #1,445
  • Sep 30, 2011 8:24am Sep 30, 2011 8:24am
TP +10
Trader from Croatia
  • #1,446
  • Sep 30, 2011 10:42am Sep 30, 2011 10:42am
8605 long...SL 8590..funny trade
Trader from Croatia
  • #1,447
  • Sep 30, 2011 11:33am Sep 30, 2011 11:33am
Boorriing..
Trader from Croatia
  • #1,448
  • Sep 30, 2011 11:53am Sep 30, 2011 11:53am
...aaaand it's gone SL

Have a nice weekend
Trader from Croatia
  • #1,449
  • Sep 30, 2011 4:29pm Sep 30, 2011 4:29pm
lookin for it to stay in its range from 8760- 8556 area

will def play it long early in the week with a proper PA setup off the lows
  • #1,450
  • Nov 30, 2011 10:31am Nov 30, 2011 10:31am
Oh so you are the dude now? I'm not posting here any more until this pair sorts itself out. Great pair to trade? Not in the last July to now - 5 months of falling consolidation.

Let us hope this week and year end gives it a kick.
Gone to a better place
  • #1,451
  • Dec 14, 2011 3:45am Dec 14, 2011 3:45am
Time for me to long, here. Weekly support level? Chart anyone?
Gone to a better place
  • #1,452
  • Dec 14, 2011 4:36am Dec 14, 2011 4:36am
Just going to wait for a confirmation. The Euro is not putting out good signals at the moment...
Gone to a better place
  • #1,453
  • Dec 15, 2011 5:06am Dec 15, 2011 5:06am
Can't trust the Euro to hold up and cable just went bullish off support level. Short here but strong support at .8360
Gone to a better place
  • #1,454
  • Dec 15, 2011 5:08am Dec 15, 2011 5:08am
Quoting smikester
Can't trust the Euro to hold up and cable just went bullish off support level. Short here but strong support at .8360

I am long term bearish on this pair. Big time.

Olu
If you think you can or cannot do it you are correct
  • #1,455
  • Dec 21, 2011 6:20am Dec 21, 2011 6:20am
Technicly speaking this pair is in strong support zone, you can see it on weekly chart.

Fundamentaly speaking, why do investors in the last weeks run from EUR to GBP, if EUR falls apart, GBP will suffer a lot.

I think now is good time to go long here, and profit on retrecement, what do you think?
  • #1,456
  • Dec 21, 2011 10:51am Dec 21, 2011 10:51am
Quoting future
Technicly speaking this pair is in strong support zone, you can see it on weekly chart.

Fundamentaly speaking, why do investors in the last weeks run from EUR to GBP, if EUR falls apart, GBP will suffer a lot.

I think now is good time to go long here, and profit on retrecement, what do you think?
any idea now?buy or sell more?
  • #1,457
  • Dec 21, 2011 3:45pm Dec 21, 2011 3:45pm
Quoting ajid182
any idea now?buy or sell more?
best bet wait it to enter 82 70 with SL 20pip,as for now everything runs away from euro.
  • #1,458
  • Dec 21, 2011 5:04pm Dec 21, 2011 5:04pm
Quoting future
Technicly speaking this pair is in strong support zone, you can see it on weekly chart.

Fundamentaly speaking, why do investors in the last weeks run from EUR to GBP, if EUR falls apart, GBP will suffer a lot.

I think now is good time to go long here, and profit on retrecement, what do you think?
We are approaching strong support but there is no guarantee we take long term longs from there. If you trade off it you are trading against the trend. Nothing wrong with that as long as you know what you are doing. The monthly 200sma is at .7400. Why can't we go there?

Fundamentally, the Euro is losing against most currencies at the moment, for obvious reasons but European Union falling apart is unthinkable. The news we read is mostly anti European bullshit. It will take time for the financial stability measures to take effect. When all the leaves fall to the ground, Europe is no worse off than anywhere else in the world.
Gone to a better place
  • #1,459
  • Edited 5:10pm Dec 21, 2011 5:08pm | Edited 5:10pm
Quoting ajid182
any idea now?buy or sell more?
Yes, I would. Here's an idea. Put a buy limit at .8300 with a take profit of .8315 and a stop loss of .8290. Put .01 standard lots on.

Oh, sorry, that already happened. Missed by a pip...
Gone to a better place
  • #1,460
  • Dec 21, 2011 6:54pm Dec 21, 2011 6:54pm
the H4 , H1 ,daily chart to develop new kinds of to bull....but the chart not beautifull....sideway.
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