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Grid Trading EURGBP 21 replies

EURGBP, time to short? 5 replies

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EURGBP

Looks good for a short soon.

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Yes I saw the mid point pivot at 7180 when they printed last night and thought good place for a short. But nowadays I prefer to see some downward movement before going short or I end up buying on the way up and stressing.
i sell on euro/gbp and tp on 0.7140
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A Choppy Day with little direction for EURGBP.
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more or less right
Quoting Pat494
{image} more or less right
Nice one man.

Any one here currently in a short? I've left my short over the weekend (as per my trade explore), curious to see how it goes tomorrow morning.
I'm there. Shortened my trailing stop on Friday which might eat into any profits given the huge volatility ahead next week.

​Referendum voted in so a break below .7000 and below surely on the cards? I'm interested in what this will do to the USD and CHF as well given my interest there. Mataf correlation charts show good synergy with USD/CAD long and CAD/CHF shorts...
Even if the four month high UK Construction PMI pulled back the EURGBP, symmetrical triangle could continue restricting the pair's moves.
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I am long EUR GBP. Today looked good but I think CHF moves prevent movement up. Can I short GBP CHF and long EUR GBP at same time to minimise impact of CHF moves?
Big gap down now and should be at the Open. I've seen rate hit 0.706 on XE.com. Still holding my short and thinking about buying more.
Potential long setup..... correction [ii] will be retraced completely.
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Elliott Wave for optimum entry, exit and risk management of trades
Revised EURGBP 15min.
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Elliott Wave for optimum entry, exit and risk management of trades
I got some at the open. Closed gap over night and then just shot up to 0.72. Looking to add more - Maybe when it breaks previous high.
Present deep retracement - revise wave count as wave (ii), with better upside potential and tighter SL.
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Elliott Wave for optimum entry, exit and risk management of trades
having successfully break 0.7050 horizontal mark, the EURGBP seems all set to test 0.6990-85 region; however, a break below that seems less likely.
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Quoting Fx_Anil
having successfully break 0.7050 horizontal mark, the EURGBP seems all set to test 0.6990-85 region; however, a break below that seems less likely. {image}
Hi A, http://www.forexfactory.com/showthre...81#post8386881 just my opinion , i like to see your posts, regards Billy
IMHO, Should the UK GDP meets expectations, the EURGBP could re-test 0.7040-50 support area.
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Quoting Fx_Anil
IMHO, Should the UK GDP meets expectations, the EURGBP could re-test 0.7040-50 support area. {image}
I'm not expecting the GDP figures to be as good as forecast because of the suspicious moves last week and this morning. I'm just guessing, though, and I am long Eur/Gbp.
Gone to a better place
Quoting Fx_Anil
IMHO, Should the UK GDP meets expectations, the EURGBP could re-test 0.7040-50 support area. {image}
Spot on so far.
Gone to a better place
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