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Thread: Eur/Gbp

  1. #6540
    Banned samoo is on a distinguished road samoo's Avatar
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    As you can see on the EURGBP chart in front of you the price direction is bearish and that is because of the down channel taking place According to the Donchin channel on the chart the bottom side of the channel was the last level to be hit by a candle which means that if a trade is to opened now a buy order would be recommended and the high side would be considered as a take profit As for the Awesome oscillator's signs it appears that the trend is going to be bullish one and that is because the Awesome oscillator is giving a green sign below the 0 level Also the stostatic is makes a sell cross near the 20 th level which means a bearish trend will be taking place As a conclusion I recommend a buy order as soon as you get a confirmation from the stostatic and the awesome oscillator targeting the high level of the Donchin cannel

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  2. #6539
    Senior Member wench is on a distinguished road wench's Avatar
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    the red dots appearing above the candle bars indicates that the price today is going to be heading downward depending on the prices position we are going to determine where the price would be heading so if the price remained in its position lower than 0.8032 which act as a strong resistance at this moment also it happens to be a weekly pivot point at the same time then I do believe that the price would be heading south only till it meets the next weekly pivot support at 0.7837 .
    But what if blue dots appeared indicating bullish trades and the price bypassed the resistance 0.8032 and headed for the opposite direction then I do believe that the price in this condition would be heading north until it reaches the price 0.8137 which is the next resistance and the next pivot level of the week.
    .

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  3. #6538
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    The moment indicator indicates that there is good selling signal on our pair EURGBP and thats because of the cross taking place where the blue lines location is below the red line at the moment The oracle strength indicator on the other hand is could be considered be giving a upwards direction signal according to the yellow color shown If we needed more confirmation on the direction then the Oracle direction indicator would do the trick as you can see the red colors on the arrows could be acting as downward signals.
    Now as a conclusion from all the data we acquired up till now I believe that a downward trend would be taking action and that of course if the sell cross was still on the chart sell trades would have the priority as long as the ATR indicator gives selling signals.
    .

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  4. #6537
    Senior Member moshiur277 is on a distinguished road moshiur277's Avatar
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    Eur/gbp analysis :

    date : 10.21.14
    time : 18:30 GMT
    time frame : 15 min

    current rate : 0.7895
    high : 0.7894
    low : 0.7878
    net change : -0.28%

    overall trend : slightly bullish

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  5. #6536
    Banned BURHANFX will become famous soon enough BURHANFX will become famous soon enough BURHANFX's Avatar
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    http://prntscr.com/4ybgcw
    analysis for today 10 / 21 / 2014
    EUR/GBP (Daily Trade)
    I think the movement is still in a bullish trend
    retracement (38.2%) 0.7920
    Retracement (50%) 0.7917
    retracement (61,8%) 0.7913

    Extensions (61.8%) 0.7947
    Extensions (100.0%) 0.7957
    Extensions (138.2%) 0.7967
    Extensions (161.8%) 0.7974
    calculation based on a Fibonacci retracement then today I choose buy

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  6. #6535
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- eur/gbp
    analysis time frame- m15



    the stoch indicator indicator is moving out from the oversold level 20 and in the price chart its down movement is aslo hold at the daily support at 0.7876 level. this is moving up and will again dwon from the resistance at 0.7900. hold short entry with stop loss at 0.7910
    good luck

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  7. #6534
    Banned ayazjass is an unknown quantity at this point ayazjass's Avatar
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    Yes Forex ko easy lena chahye means kuch log Forex ko bohat tough phele se hi samajh ker jab Forex trading me enter hote hain to extra pressure sir per jata hai or mistakes k chances means losses hote hain to Forex ko thoda easy le ker or aik straight way me le ker chalna chahye planing k sath to asani rahe gi.Yes Forex ko easy lena chahye means kuch log Forex ko bohat tough phele se hi samajh ker jab Forex trading me enter hote hain to extra pressure sir per jata hai or mistakes k chances means losses hote hain to Forex ko thoda easy le ker or aik straight way me le ker chalna chahye planing k sath to asani rahe gi.

    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. #6533
    Banned ayazjass is an unknown quantity at this point ayazjass's Avatar
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    forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.forex me jo log full time job krte he jinka sara din computer pe guzarta he unki eyes effect hoti he eyesight weak hona shuru ho jati he hame apne work ke about kise ache eye specialist ke sath consult krna chahye or uski instructions ko follow krna chahye.

    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. #6532
    Banned Gamabunta will become famous soon enough Gamabunta will become famous soon enough Gamabunta's Avatar
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    I think that in the case of breaking the support level at 0.7873 we can get in short position with take profit at 0.7808.

    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. #6531
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    http://prntscr.com/4y8dc3
    analysis for today 10 / 21 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle EURGBP on the date 10 / 20 / 2014
    OPEN 0.7914
    HIGH 0.7930
    LOW 0.7903
    CLOSED 0.7917

    The third resistance (R3) 0.7930 -( 0.7917 - 0.7903 = 0.0014 x 2 = 0.0027 )= 0.7957
    The second Resistance (R2) 0.7917 + 0.7930 - 0.7903 = 0.7944
    First resistance (R1) 0.7917 x 2 = 1.5833 - 0.7903 = 0.7930
    pivot points 0.7930 + 0.7903 + 0.7917 = 2.3750 / 3 = 0.7917
    Support for the first (S1) 0.7917 x 2 = 1.5833 - 0.7930 = 0.7903
    Support second (S2) 0.7917 -( 0.7930 - 0.7903 = 0.0027 ) = 0.7890
    Third Support (S3) 0.7903 -( 0.7930 - 0.7917 = 0.0013 x 2 = 0.0027 )= 0.7876

    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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