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EUR/GBP - What a great pair to trade!

  • #2,741
  • Apr 13, 2015 7:35pm Apr 13, 2015 7:35pm
Still very bearish, eyes on 0.7200.
  • #2,742
  • Apr 14, 2015 2:33am Apr 14, 2015 2:33am
Quoting Ill-b-back
{quote} Cheers, seeing the same
Currently selling the rallies.
Gone to a better place
  • #2,743
  • Apr 14, 2015 7:07am Apr 14, 2015 7:07am
Quoting smikester
{quote} Currently selling the rallies.
cool
Come with me if you want to live....
  • #2,744
  • Apr 15, 2015 11:50am Apr 15, 2015 11:50am
The decline seems likely to continue after the technical rebound.
  • #2,745
  • Apr 15, 2015 10:17pm Apr 15, 2015 10:17pm
PA seems corrective since 8th April and before resuming the next wave down, so as EURUSD got a bit more retracement to do.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM15 16Apr15.png Size: 63 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #2,746
  • Apr 17, 2015 2:10am Apr 17, 2015 2:10am
Quoting smikester
{quote} Currently selling the rallies.
The market closed my trades at a small profit. Sidelined, I'm waiting for price action today and maybe Monday around .7200 - .7230.
Gone to a better place
  • #2,747
  • Apr 17, 2015 10:26am Apr 17, 2015 10:26am
We may have to wait longer because:
Attached Image
and
Attached Image
Gone to a better place
  • #2,748
  • Apr 17, 2015 10:35am Apr 17, 2015 10:35am
Trouble is, when we hit this level in May 2003, when I was only 17 years old, it took 5 years of consolidation before it broke through. I'm thinking of changing the name of the thread if this happens again.
Gone to a better place
  • #2,749
  • Apr 18, 2015 6:00pm Apr 18, 2015 6:00pm
Quoting Ill-b-back
{quote} Cheers, seeing the same At this point in time, looks like being rejected on the 4hr retest, with all else looking bearish {image} {image} {image}
Still looking bearish
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBPMonthly.png Size: 34 KB
Click to Enlarge Name: EURGBPWeekly.png Size: 32 KB
Click to Enlarge Name: EURGBPDaily.png Size: 27 KB
Come with me if you want to live....
  • #2,750
  • Apr 22, 2015 3:03pm Apr 22, 2015 3:03pm
Quoting smikester
Trouble is, when we hit this level in May 2003, when I was only 17 years old, it took 5 years of consolidation before it broke through. I'm thinking of changing the name of the thread if this happens again.

Hey Mike...I'm not sure why but I had you down as 20 years older..(thats a compliment..)

More down-side ?

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPMonthly.png Size: 67 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily.png Size: 53 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 66 KB
Memories caught in time but never forgotten
  • #2,751
  • Apr 24, 2015 4:35am Apr 24, 2015 4:35am
Quoting j4d
{quote} Hey Mike...I'm not sure why but I had you down as 20 years older..(thats a compliment..) More down-side ? {image} {image} {image}
Seems like we are playing with .7200 - .7230 for a while...
Gone to a better place
  • #2,752
  • Apr 24, 2015 10:59am Apr 24, 2015 10:59am
Quoting smikester
{quote} Seems like we are playing with .7200 - .7230 for a while...
Thats probably not a bad call.. I've called it wrong all Week with my trades so I'll leave my theorizing till next Week..
Memories caught in time but never forgotten
  • #2,753
  • Apr 26, 2015 4:03pm Apr 26, 2015 4:03pm
Eur/Gbp will probably stay bearish as long as 0.7230 resistance level holds.
  • #2,754
  • Apr 27, 2015 2:47am Apr 27, 2015 2:47am
Yes. I was well positioned for a drop over the weekend but it seems not to have taken place. I'm flat now, not having the stomach for margin tied up in a potentially volatile break out.
Gone to a better place
  • #2,755
  • Apr 30, 2015 3:23am Apr 30, 2015 3:23am
A peculiar wave iv. If that's the way it is, it will terminate near 0.7425 before resuming down trend.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4 30Apr15.png Size: 61 KB
Elliott Wave for optimum entry, exit and risk management of trades
  • #2,756
  • Apr 30, 2015 5:32am Apr 30, 2015 5:32am
The upside momentum boosted by Euro, hitting fresh highs near 0.7270. Now seems steady around 0.7250 level.
  • #2,757
  • May 4, 2015 8:17pm May 4, 2015 8:17pm
Just me looking this pennant?
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Click to Enlarge Name: flag.png Size: 27 KB
"In God we trust."
  • #2,758
  • May 6, 2015 4:41pm May 6, 2015 4:41pm
No doubt, Pounds will be in for a ride tomorrow with the UK holding one of its closest elections.
  • #2,759
  • May 6, 2015 7:19pm May 6, 2015 7:19pm
Quoting peeterwoolf
No doubt, Pounds will be in for a ride tomorrow with the UK holding one of its closest elections.
I agree, Pounds remain positive, could be a bumpy ride tomorrow.
  • #2,760
  • May 7, 2015 6:43am May 7, 2015 6:43am
EURGBP short, goal 073115
What is your opinion
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