EURGBP Short

[MoBest]

1% for such a trade is fine so let's see how it will go.

 

[bigbax699]

Updating today on the EURGBP sell i took. Friday saw a little pullback in price on EUR pairs. Came back to entry zone, so if you missed the first entry i took there was a very easy second opportunity to take the trade. We are still making lower lows and lower highs so im still in bearish mindset for the position. Currently 40+ pips in profit, If we can break through the support on this next attempt then it should be good to drop through. GLIYF

 

[momo3HC]

Still ranging.

 

[bigbax699]

Quick check up on EURGBP now the weeks trading has finished. Its moving in our desired direction but a little slower than i would like. Bur we can now see the EMA's spreading out in a downwards direction indicating the stat of the trend. So hopefully it continues next week and we get a more significant drop. Peaked over 100 pips in profit on this position so far, currently 70+. Ill keep holding for now. Have a good weekend all. GLIYF

 

[MoBest]

Plenty of profit more can be made.

 

[bigbax699]

Checking in on EURGBP trade. Currently 90 pips in profit, still below the support zone which held for a long time. I am seeing a spread in my EMA's, and critically pointing down which indicates a trend forming. Hopefully we can get a nice push like i have marked out previously on the chart. I would keep holding for now and set SL to BE which give us a nice buffer for price movement. Will update again in a couple of days. GLIYF

 

[bigbax699]

Checking back on EURGBP today. Nice to see price has followed out desired direction and analysis. Currently we sit 160+ pips in profit on the first position. If you caught this first one then keep holding. You could stack or enter if you missed it on a pullback to the support zone broken, for the next push to our TP zone. Im sure it will be upon us, but you never know. Set SL to BE and let it ride for now. Moving averages are expanded so that's a nice sign of strength coming. GLIYF

 

[Amina El Mehdi]

Time for an update may be?

 

[bigbax699]

Good morning all, New week begins on EURGBP . Nice to check in and see that price is still following our desired direction to the south. Currently today we have hit the lovely 200 pip profit mark. GBP is strong across the board currently, We may see a pullback in price and create a lower high. You will most likely see it react to the EMA’s and then continue, which could be a good place to stack trades if you so wish. But for now keep holding, bank profits if you wish we should see TP zone hit soon enough. GLIYF

 

[bigbax699]

Checking back in on EURGBP today and happy to report price has hit our first TP projected zone. We returned 230 pips on this position. Onto the next position and i would like to see some price action similar to what we saw previous to the left in the squares. Look for price to make a lower high and to possibly reject off the moving averages. My entry position might not bee off the resistance zone above so bear in mind i will be watching price action when it gets to the EMA's. Wait for rejection and reversal signs on lower TF's. GLIYF