Eurgbpsell
Bullish Exhaustion on EUR/GBP? I developed what I believe is a foreseeable resistance and Support Zone on the 4 hr chart. Using proper money management should allow you to with stand any more bullish spikes. I would keep stacking positions if this pair rises in the next 48 hours.
Remember to only risk 2% of your account per trade to make sure you're not completely taken out the game.
Blinded by BULL#HITThis setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong way to trade so you still make no money... This is a very good advertising trick but very morally wrong! Lying to get money hmmmm sounds like the government. haha.
We teach our clients to keep it simple as you can see from our charts, with us you get no c#ap just to the point straight trading!
Can you guess why this trade setup is a good 1?
More detailed explanation will be saved for our clients.
Come have a chat with us to see how we can help you.
Blinded by the B#LLSHITThis setup is so damn simple it is unreal... yet most people wont see it as they have been taught to use all these rubbish indicators so they get blinded by the b#llshit!
People want you to feel like you don't know what you are doing in the markets so you think you need help and pay from there services, then when you do join they teach you completely the wrong way to trade so you still make no money... This is a very good advertising trick but very morally wrong! Lying to get money hmmmm sounds like the government. haha.
We teach our clients to keep it simple as you can see from our charts, with us you get no c#ap just to the point straight trading!
Can you guess why this trade setup is a good 1?
More detailed explanation will be saved for our clients.
Come have a chat with us to see how we can help you.
EURGBP - Day TradeEUR/GBP failing to move up higher. We can expect a drop down on top of the 1H 200 EMA.
Not the best trade, but the odds are there. Keep an eye on it and enter when you have enough confirmation that it's going to go for the short.
Risk a very minimal amount on this trade as it's neither highly probable and only a 1:1 Risk:Reward ratio.
The move is not yet confirmed, but I'm putting this out there.
Trade safe.
EURGBP possible SHORT trade I really like this setup. The price tends to respect quite the trend line. We are now reaching a good level of resistance and 61.8 weekly fibonnaci, however, that impulsive candle is leaving me with doubts. There is not much confirmation to go short in this trade. For now we will wait until we have a confirmation of trend reversal (rejection of that level for an example).
I'm updating this trade as we see movement.
EURGBP At Key Resistance A Head of UK DataTrade Background: Bearish Reversal
Price has returned back to major resistance level of the bearish channel. Where the sharp recovery in price resembles a V shape formation. Now that the week is almost over, we're going to see a massive amount of economic data coming out of UK in less than 3 hours! These data include Q1 GDP, Manufacturing data, Total business investment and Trade balance. Therefore, volatility is defiantly coming soon any GBP pair. If data comes out as positive, look for price to swing back to key support levels against the EUR.
Trade Idea:
Positioning: Short
Time frame: 4H chart
Length of Trade: 1 day to 1 week
Entry: Between .86200 to .86400.
Exit: .85100