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Thread: Eur/Gbp

  1. #6820
    Senior Member ralf is on a distinguished road ralf's Avatar
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    A bearish direction is being formed through the day on the EURGBP pair and thats when the price starts moving below the wave of the EMA indicators.
    And since the RIS indicators line is going above the center line of the value of 50 then that means that theres buy signal taking place.
    Combining that with the data gathered from the MACD indicator we can notice that the green lines are heading up informing us that the market is starting to get controlled by the bulls traders in the current period.
    Going with the bears would prove to be the best choice after all but thats of course when the price start gaining strength and get over the EMA waves forming by that a buy signal .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  2. #6819
    Member sunidhi is on a distinguished road sunidhi's Avatar
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    forex me bhut zayda besty hoty ha or jo ap ne share kye ha me in ko use kro gi or ap ka thanks krtti hu is se mujhe klafi faida ho ga

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #6818
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The location of the blue line is currently taking place above the red line on the momentum cross on the EURGBP chart which is a good buying signal.
    On the other hand there is probability for a upward trend to take place based on the yellow color appearing on the chart by the Oracle strength indicator.
    Adding the bearish trend showed by the Oracle direction indicator to the signals we had from the Oracle direction indicator based on its red arrows appearing on the chart confirming by that the entry point appearing by the Oracle Strength indicator.
    Clearly there is a upward trend taking place on the pair for some time and as long as the indicator keeps giving me the same signals then i do think that the buy orders are the best choice.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #6817
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    On the EURGBP Chart there is a down channel so it is expected from the price to keep moving downward When the price touches the upper edge of donchain channel it is considered as a signal of going down By checking the awesome oscillator there is a red bar above the level of 0 which indicates a sell signal for the current time.
    On the stostatic there is a bearish signal by having a sell cross and the lines approaches the 80 th level.
    From previous data bearish is most likely to happen then you can target low level of the donchain channel and if you wait to get a confirmation from the awesome oscillator that can raise the chance for good sell trades.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #6816
    Senior Member KAUL has a spectacular aura about KAUL has a spectacular aura about KAUL's Avatar
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    analysis for today 12 / 10 / 2014

    EURGBP

    Resistance : R1 0.7961 R2 0.7986 R3 0.8006 R4 0.8036
    Support : S1 0.7836 S2 0.7811 S3 0.7791 S4 0.7761

    Open : 0.7895
    High : 0.7911
    Low : 0.7886
    Range : 0.0025 Pips
    Running Price : 0.7906

    Strategy : BUY at the level 0.7906 stop loss at the level 0.7836 target take profit at the level 0.8006 or at the level 0.8036

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #6815
    Banned jhonystatham is on a distinguished road jhonystatham's Avatar
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    A higher new daily opening of the EURGBP pair than the last day opening is a good sign for the up trend happens today.
    Now when you try to analyses the chart that I provide you can first see the main arrow showing a green color below the prices of the current period which is a good way to say that we will face a bullish trend on the current day.
    I use the last opening of the market in order to set my take profit levels as the market always retest it and acts like a resistance the price always fail to penetrate then the price of 0.788 is the target for me.
    Using a multiple signals before entrying the trades is a must for me then I think I will wait till I can find a confirmation by a blue line of the check indicator and the green signal from the time trader indicator to open the buy orders to make sure I'm still in the bullish direction .


    ---------- Post added at 09:54 AM ---------- Previous post was at 09:01 AM ----------

    A bearish direction is being formed through the day on the EURGBP pair and thats when the price starts moving below the wave of the EMA indicators.
    And since the RIS indicators line is going below the center line of the value of 50 then that means that theres sell signal taking place.
    Combining that with the data gathered from the MACD indicator we can notice that the green lines are heading up informing us that the market is starting to get controlled by the bulls traders in the current period.
    Going with the bears would prove to be the best choice after all but thats of course when the price start gaining strength and get over the EMA waves forming by that a buy signal .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #6814
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    For today 10/12/2014 on the EURGBP chart the price is below the blue level 0.7903 that considered as balanced point at MBFX indicator.
    In mean while the Vestro indicator is showing a bearish saturation.
    I can guess that the price may go down till the next MBFX level at the support of the value 0.7886 as first selling target and could reach the second support at 0.7876 but if the price breaks the level of 0.7919 then the down direction will be cancelled and we should think in buying

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #6813
    Senior Member osos is on a distinguished road osos's Avatar
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    Obviously in front of us on the EURGBP chart we can clearly see that there is a up trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located above trend taking place as we speak and from its looks of it seems to be a main trend of course that was confirmed when the 6 and 5 EMAs were located buy orders would be the wisest decision once a bullish direction is confirmed by the other indicators .
    Also there are dots located above the candlesticks from the parabolic sar indicators showing us downward direction adding to that the downward signal formed by the cci line when it got located at the lower level .
    Also to be sure we get a buy signal from the MACD indicator as it was moving above the level 0 .
    So In the end I do think buying would work greatly for me according to what we witnessed down till now unless an opposite bearish signal appears .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #6812
    Senior Member troykilson is on a distinguished road troykilson's Avatar
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    The Blade oscillator is currently below the level of balance at the 0.0001 area and that can be considered a weak bearish trend taking place on the hourly chart of the EURGBP while at the same time the indicator is currently giving us a blue color meaning that a bearish direction is taking place.
    as we take a look on the chart we notice that the UP slope of the moving average and also the last top drawn at the location 0.7899 can be used also as really good stop loss level and taking it as sell positions which i do recommend greatly .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #6811
    Banned samoo is on a distinguished road samoo's Avatar
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    We can notice that there is a bullish cross now on the EURGBP chart between the EMAs 9 and 152 which indicates that the price could go north in few hours.
    Also if we notice the Histogram indicator we can find that it forms a green line to form a bullish signal by located over the 0 level of the Histogram indicator.
    There is another red line is found on checking the Market Emotion indicator that is a good sign to start to fall for lower levels on the EURGBP The slope is moving above the level of 0 as the Guru Angel indicator shows also the green color indicates a bullish direction.
    As we can notice the price may go north to reach the next resistance at the next few hours so I recommend a 0.7959 in the next few hours so it is recommended to enter buy orders as the indicators still showing the same signals.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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