EUR/GBP - What a great pair to trade! | Page 127 | 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!

  • #2,521
  • Aug 4, 2014 3:11pm Aug 4, 2014 3:11pm
Expect Eur/GBP to continue going down. French and Spanish markets are mehh at best while GBP expected forecast is improving and USD is going up this week. Happy Selling the EUR. Wish you Green Pips
  • #2,522
  • Aug 4, 2014 3:28pm Aug 4, 2014 3:28pm
Quoting boices
Expect Eur/GBP to continue going down. French and Spanish markets are mehh at best while GBP expected forecast is improving and USD is going up this week. Happy Selling the EUR. Wish you Green Pips
I wouldn't be so sure about that....
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #2,523
  • Aug 4, 2014 3:29pm Aug 4, 2014 3:29pm
Quoting Lacunoide
{quote} I wouldn't be so sure about that....
Ugh dont say things like that. This pair needs to go down for me.
  • #2,524
  • Aug 4, 2014 3:32pm Aug 4, 2014 3:32pm
Quoting TheTonik
{quote} Ugh dont say things like that. This pair needs to go down for me.
On myfxbook the sentiment changed..

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.png Size: 28 KB
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #2,525
  • Edited 8:10pm Aug 4, 2014 7:56pm | Edited 8:10pm
Quoting Lacunoide
{quote} On myfxbook the sentiment changed.. {image}
ok so what is sentiment saying ? we going short ?
  • #2,526
  • Aug 5, 2014 2:22am Aug 5, 2014 2:22am
Quoting cobracoder
{quote} ok so what is sentiment saying ? we going short ?
Well, it says nothing.. It is only an indicator to understand the market..

EURGBP made a significant correction, about 900 pips from the top, it can't go down forever...
Buy at the Low, Sell at the High You make money by waiting not by trading.
  • #2,527
  • Aug 5, 2014 10:41am Aug 5, 2014 10:41am
A nice drop as expected and closed my trade for 8% equity proft .. Avoiding EUR/GBP for volatility later this week. For now, Shorting USD/JPY for the whole week. Go Green pips for everyone.
  • #2,528
  • Aug 6, 2014 4:44am Aug 6, 2014 4:44am
pretty significant bullish divergence with the RSI and PA on the daily
Do what's right for you
  • #2,529
  • Aug 8, 2014 9:14am Aug 8, 2014 9:14am
closed longs at 1.7985, would like to see how the weekly is handled first. I also see some resistance on GBP at 16791.
Do what's right for you
  • #2,530
  • Aug 11, 2014 5:35am Aug 11, 2014 5:35am
reentered some on the dip guess this will want to touch 0.8 at least.
Do what's right for you
  • #2,531
  • Aug 11, 2014 1:02pm Aug 11, 2014 1:02pm
getting out -1pip, maybe a little early, wouldnt be surprised if there was some retracement into fridays high, but can't justfiy holding long overnight and into news with that bearish divergence between PA and the RSA on the last two peaks, clearly seen in the 4hrly and todays weak PA. might even look at shorts if it does go higher and consider longs around 0.7930/40. But for now, not sure so out.
Do what's right for you
  • #2,532
  • Aug 13, 2014 3:56pm Aug 13, 2014 3:56pm
1 Day chart indicates a downtrend has ended and an uptrend started, kinda sure of it. Just that today's price closes at some weird FIBO levels, so I'm gonna hope for a little retrace, although only Bollinger Bands indicate a small correction.
  • #2,533
  • Aug 14, 2014 6:47am Aug 14, 2014 6:47am
taking a very small short, wide SL the rise looks messy and the RSI on the 4 hourly is completely doing the opposite thing but it is a significant rise that could follow through so need to be cautious.
Do what's right for you
  • #2,534
  • Aug 14, 2014 2:48pm Aug 14, 2014 2:48pm
After a news fuelled move upwards yesterday EURGBP has firmly rejected a previous key level of support and resistance and in doing so has formed a high test pin bar off this level. We are also seeing some nice looking divergence showing up on the stochastic indicator further supporting a continuation of the longer term trend to the downside.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP Daily Short 140814.png Size: 152 KB
  • #2,535
  • Aug 16, 2014 1:37pm Aug 16, 2014 1:37pm
http://i.imgur.com/93gSXpQ.jpg

Do what's right for you
  • #2,536
  • Aug 17, 2014 2:18pm Aug 17, 2014 2:18pm
testing 0.8 in premarket.
Do what's right for you
  • #2,537
  • Aug 18, 2014 7:30am Aug 18, 2014 7:30am
effort being made to keep this above 0.8, unless it can make some closes above 0.807 today i can't see it holding.
Do what's right for you
  • #2,538
  • Aug 18, 2014 12:07pm Aug 18, 2014 12:07pm
taking pips at 0.7986, good enough for now, EU at key support and GBP news tomorrow, not sure so out.
Do what's right for you
  • #2,539
  • Aug 18, 2014 2:42pm Aug 18, 2014 2:42pm
Quoting momochi
taking pips at 0.7986, good enough for now, EU at key support and GBP news tomorrow, not sure so out.
down until tomorrow news

dump EUR generally in these days...

E/A
E/G
E/NOK

selling rally won't stop instantly...
Attached Image (click to enlarge)
Click to Enlarge Name: kq0wn.png Size: 58 KB
  • #2,540
  • Aug 18, 2014 3:11pm Aug 18, 2014 3:11pm
ok well there are a couple more reasons, 1 4hourly RSI channel and 2 resistance area on daily

that plus the above is enough for me to exit at this stage


http://i.imgur.com/x3WEJbR.jpg
Do what's right for you
3 traders viewing now