EUR/GBP to trade or not to trade

AM I CRAZY???

  • There is a place for people like you!

    Votes: 3 60.0%
  • Here is the number of my psychatrist.

    Votes: 1 20.0%
  • Nah, just the same as the next guy.

    Votes: 1 20.0%
  • Oh no, you are the epitomy of mental health!

    Votes: 0 0.0%

  • Total voters
    5
  • Poll closed .
Quote from cabletrader:

Hey get outta my dream!!

I think you might have got the participants of this little ménage à trois slightly wrong....Daves of any description definitely didn't feature anywhere in my fantasy!


That hurts:(
 
Quote from davidmaria1:

That hurts:(

It's ok man, you're in the one where we're all billionaires on a yacht in the Med sipping cocktails and surrounded by beautiful women......mind you I think you're mother-in-law turned up but fortunately I woke up before that happened!

:D
 
AHHH the eurgbp is at a nice stabilizing level huh?

Time for the eur to be stronger than the wretched gbp

I am looking to buy at the 100 EMA on the Daily which is about 0.8910

might get there next week but its a good spot to go long with a relatively short 40 pip stop to the downside and I would say maybe upwards to 0.9400 upside based on the RSI momentum expectation hitting 75/80 again

what a bunch of gibberish
 
Anyone profiting from these awesome 40 pip moves in eurgbp? or am I the only one ...

the news is gonna get ya

Is this pair doomed for the cellar or ripe for the reversal I expect? Only today's UK revised GDP will tell!

The only thing that is certain that it has been good to be long cable the past 24 hours ... :D
 
ehhh this eurgbp looked done and then the snap back

I am sticking a fork in this turkey

short @ 9010
target @ 8980
stop @ 9025

yeah yeah terrible risk reward but I do not want to deal with another bounce off the 200 EMA on the hourly ... that is something that I do not want to sit through

cheers

:D
 
yup they are inline with expectations

and it doesnt seem to be helping the eurgbp to the upside right now

although I might just want to take my 15 pips and run now
 
ehh got stopped

I should have taken my 15 pips and ran

oh well ...

I think fxdd likes the short @ 9035 with a target of 8900

I am not sure why. The candles and price action look like all signs point to the erugbp ripping up. The only thing I can really see is that the momentum indicators on the 5 min charts say that eurgbp is over bought. But subsequent charts say that the eurgbp has another couple of legs before it enters the over bought territory.

Maybe I should stop listening to what fxdd thinks

*sigh*
 
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