Pls guys light up this trend.
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Dislikedi'm currently short with the pair at 0.8762 with SL at 0.8820 and TP 0.8666Ignored
DislikedGlad I found this thread. Thought I was trading this pair all on my own!!
Yes, EG is pretty boring, but I don't trade for entertainment. I have 4 open short positions on this bitch and one pending short. Using the dailies and H4 so at least my risk is very low. When will this sucker turn??? Its been defying gravity for a week now and its very, very overbought. Payday when it turns though.
Good luck
DazzerIgnored
DislikedGlad I found this thread. Thought I was trading this pair all on my own!!
Yes, EG is pretty boring, but I don't trade for entertainment. I have 4 open short positions on this bitch and one pending short. Using the dailies and H4 so at least my risk is very low. When will this sucker turn??? Its been defying gravity for a week now and its very, very overbought. Payday when it turns though.
Good luck
DazzerIgnored
DislikedSorry Dazzer I disagree. Weekly oscillators showing bull divergence in favour of euro, BoE statement they cannot afford strong pound, strong euro buying from Eastern Europe and weekly close above+bounce from 61.8% fibo = euro bull to me.
This does not mean e/u go up and g/u go down really, to me it just mean g/u tank and e/u tank much less or g/u longs liquidated and redeemed in euros.
Fundamentals have the chance to really bite you in the arse here bro.Ignored
DislikedOk Dazzer, I am home now so can use proper chart here you go, seems there is some room to move down as we at intermediate resistance maybe even back to the pivot blue line.
Hope you are right, I am not trading big TF these days only scalps.
EDIT: Also noticed my system not give any buy signal yet so maybe you are right.Ignored
DislikedIm long at 0.8759 my TP is 0.8802 and SL is 0.8749
This is one of the most boring pairs it takes like 2 days to finish your trade. this is my 23 hour or something.
The German Info Business Climate came in pretty solid and the GBP has nothing solid, I mean releases. I hope the euro goes up up up and awaaaaaay
Technically the daily chart shows that the euro's going bull. My tech analysis indicates that the euro is in a uptrend and still going up till the 0.8800 zone. CCI is showing upward movement and the momentum too. The Alligator opened...Ignored