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EUR/GBP - What a great pair to trade!

  • #2,861
  • Aug 4, 2015 2:40am Aug 4, 2015 2:40am
Anybody's guess where this will go. My personal guess is bullish. This looks like some sort of bottoming formation. I don't see the Euro falling much further than the Pound. Maybe I'm wrong or maybe we'll just see this pair consolidating for longer.

Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp150804d1.JPG Size: 128 KB
Gone to a better place
  • #2,862
  • Aug 4, 2015 3:46am Aug 4, 2015 3:46am
Quoting smikester
Anybody's guess where this will go. My personal guess is bullish. This looks like some sort of bottoming formation. I don't see the Euro falling much further than the Pound. Maybe I'm wrong or maybe we'll just see this pair consolidating for longer. {image}
Interesting that, because the Euro and the Pound are consolidating against the Usd, this chart looks very similar to the Eur/Usd chart.
Gone to a better place
  • #2,863
  • Aug 5, 2015 6:38am Aug 5, 2015 6:38am
Quoting Ill-b-back
{quote} Indeed Tom, indeed Hope she comes back down heaps for you {image} {image}
Thank you for wishing me luck mate . She just did. Just took 40% partial. That went well. 20% took at 6967.. 40 holding.
"I know one thing, that I know nothing." Sokrates
  • #2,864
  • Aug 5, 2015 1:51pm Aug 5, 2015 1:51pm
Quoting Tom_D_Trader
{quote} Thank you for wishing me luck mate . She just did. Just took 40% partial. That went well. 20% took at 6967.. 40 holding.
Come with me if you want to live....
  • #2,865
  • Aug 10, 2015 7:53am Aug 10, 2015 7:53am
EURGBP continues facing resistance marked by a descending trend-line. But the larger picture suggest a possible bullish Falling Wedge chart pattern, which is confirmed once the pair clears this resistance.
Above the descending trend-line resistance, immediate projected upside is towards 0.7200 mark and 0.7275 horizontal resistance, with the near-term trajectory expected to continue till 0.7350-70 strong resistance.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily10082015.png Size: 10 KB
  • #2,866
  • Aug 11, 2015 2:28am Aug 11, 2015 2:28am
Quoting HareshBM
EURGBP continues facing resistance marked by a descending trend-line. But the larger picture suggest a possible bullish Falling Wedge chart pattern, which is confirmed once the pair clears this resistance. Above the descending trend-line resistance, immediate projected upside is towards 0.7200 mark and 0.7275 horizontal resistance, with the near-term trajectory expected to continue till 0.7350-70 strong resistance. {image}
Thanks for the chart. The other thread showed a similar chart here
Gone to a better place
  • #2,867
  • Aug 11, 2015 2:36am Aug 11, 2015 2:36am
This could be the break out...
Gone to a better place
  • #2,868
  • Aug 12, 2015 3:17am Aug 12, 2015 3:17am
Quoting smikester
This could be the break out...
Gunna keep an eye on this pair. A break of that trend line could reap 700+ pips.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPWeekly.png Size: 32 KB
Combat crazy markets with crazy trading
  • #2,869
  • Aug 13, 2015 5:23am Aug 13, 2015 5:23am
Quoting CrazyOz
{quote} Gunna keep an eye on this pair. A break of that trend line could reap 700+ pips. {image}
Just might break that trend line next week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 38 KB
Click to Enlarge Name: EURGBPWeekly.png Size: 32 KB
Combat crazy markets with crazy trading
  • #2,870
  • Aug 13, 2015 6:32pm Aug 13, 2015 6:32pm
Eur/Gbp bounced back to the upside and still holds bullish trend.
  • #2,871
  • Aug 14, 2015 12:25am Aug 14, 2015 12:25am
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 27 KB
  • #2,872
  • Aug 14, 2015 9:29am Aug 14, 2015 9:29am
An approx' 50% pull-back is likely before the next move up next week.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 49 KB
Combat crazy markets with crazy trading
  • #2,873
  • Aug 14, 2015 2:58pm Aug 14, 2015 2:58pm
This is how i see next week on EG
Attached Image (click to enlarge)
Click to Enlarge Name: EG1hr.png Size: 76 KB
Fools Rushing
  • #2,874
  • Aug 14, 2015 4:34pm Aug 14, 2015 4:34pm
Quoting alayinizAMK
{image}
Important level, either x up or long c down
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPM30.png Size: 25 KB
  • #2,875
  • Aug 17, 2015 6:19pm Aug 17, 2015 6:19pm
Already in short
Attached Image (click to enlarge)
Click to Enlarge Name: EG 1h short 8.17.15.png Size: 95 KB
  • #2,876
  • Aug 18, 2015 7:46am Aug 18, 2015 7:46am
Quoting SteeP7
Already in short {image}
2/3 closed. Leaving the rest to run.
Attached Image (click to enlarge)
Click to Enlarge Name: EG 1h short 8.18.15.png Size: 88 KB
  • #2,877
  • Aug 18, 2015 10:55am Aug 18, 2015 10:55am
Interesting to see if this keeps going down
m5 chart
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_EUR_GBP_5 Mins_snapshot.png Size: 13 KB
  • #2,878
  • Aug 18, 2015 10:58am Aug 18, 2015 10:58am
Quoting alayinizAMK
Interesting to see if this keeps going down m5 chart {image}
Yep. and im still holding some ,i think we can hit the 0.7000 level
  • #2,879
  • Aug 18, 2015 11:06am Aug 18, 2015 11:06am
Quoting SteeP7
{quote} Yep. and im still holding some ,i think we can hit the 0.7000 level
think so, time to pray for a weak euro awesome if it happens.
  • #2,880
  • Aug 18, 2015 3:33pm Aug 18, 2015 3:33pm
What is your opinion now EURGBP, we can expect what the odds
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