Euro/$---GBP/$ Where now?

[User]

If you read way back into this thread that is also my long term figure aswell raf, but we have to get to 190 again first as we just had a significant pullback.

Athough at 200 that could open into a new ball game all together much is dependent on rate hikes over here and at the same time rate hikes over at US.

You could open a small long for anticipation towards 2.00. Small stake the one you wouldn't look at until it runs towards there :cheesy: .

Lets see.

 

[Buk]

mmmm, didn't think much of those numbers..... ...no real harm done, looking to buy back into this!!

see how 420 reacts!

 

[JE2000]

What caused the sudden sell off on the gbp

 

[Buk]

Industrail Production Figures JE

 

[JE2000]

looks like its starting to bottom out

 

[Buk]

yeah, good short term supp around here....gonna look to climb on board around the 50 level should it decide to crank back

IF it does...... :cheesy:

 

[JE2000]

what is the next key support level 1.84 level would it be 1.835 or 1.83?

 

[Buk]

the BIG round number (8300) is a pretty crucial one....but we're sat at a Fib level from the 5th....this could hold it

 

[JE2000]

long at 8347

 

[Buk]

:cheesy: .......a little way ahead of me there sir!!!!....73....tiiiiigt stops!

 

[JE2000]

how tight are your stops? my stop raised to 8365

 

[Buk]

60....which is where my signals have turned.

b/e in a sec or two

 

[jonnyy40]

Just got out of a dax short,so next Euro move is down (hopefully)

 

[Buk]

locking in at this juncture (+10)

 

[Buk]

your "early bird" got the worm on that one JE..... :cheesy: good call.......

 

[DaxTrader]

well done Jonny, you have balls of titanium

Euro looks like it is managing to hold higher lows, still looks bullish on 30/60 min.

 

[JE2000]

out at 8385 and looking to go short if 8390-8400 doesn't break.

 

[jonnyy40]

I'm a big loser on the Forex so far so I'm giving it a miss.I'm ok at Dax and It's just so annoying that I can't read the inverse instrument.

 

[Zenda]

View the Majors

Is quite handy sometimes to View a large number of pairs - on a 30 min chart - you can get a useful overview/
:|

 

[User]

Been stopped out of my forex positions as you probably know! Haven't been in trading this week really so only seen my trades fall of the table--not good! well lets see what happens hey!

Big down moves on Sterling. Hows you trades going Buk, any joy?