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EUR/GBP Technical Analysis for now BID PRICE in 0,8412 and analysis system that I use to obtain preliminary data on the movement condition timeframe H1 movement conditions currently in EMA indicator predicted by three of them: EXPONENTIAL MA 20= BUY, EXPONENTIAL MA 50= BUY, EXPONENTIAL MA 100= SELL
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I use scalping strategies on this currency pairs Eur/Gbp so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.8412 then also there are some indicators that I use as the Bollinger Bands is TREND DOWN, ADX is TREND DOWN, Stochastic is TREND UP.
Then consider the position if the market trend is moving toward more leads TREND DOWN,
then I strongly encourage you to order SELL at current market at 12:22 and use a stop loss and take profit of 30 pips
is the take profit at 0.8382 and stop loss at 0.8442
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EURGBP seen testing the pivot level, if the pivot successfully penetrated, then it is likely the pair will ascend to the level of 0.8446 or higher, but if it fails, then this pair will probably fall to 0.8417 or lower.
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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.
EUR/GBP seen testing the pivot level, if the pivot successfully penetrated, then it is likely the pair will ascend to the level of 0.8450 or higher, but if it fails, then this pair will probably fall to 0.8415 or lower.
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.
The following data is predicted based on indicators that we use for the currency pair EUR/GBP today, for today's support and resistance levels as follows: (R3=0,8478), (R2=0,8465), (R1=0,8448), (Pivots=0,8435), (S1=0,8418), (S2=0,8405), (S3=0,8388)
recommendation:
place your sell stop at 0,8415 target profit at 0,8395 (Seller zones)
place your buy stop at 0,8455 profit target at 0,8475 (buyer zone)
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Eur/gbp analysis :
date : 09.11.13
time : 02:15 GMT
time frame : 15 min
current rate : 0.8437
high : 0.8442
low : 0.8430
net change : 0.09%
overall trend : slightly bullish.
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analysis of several indicators that I use on eur/gbp currency with M30 and H1 timeframes are in the form of pivots indicator R3=0.8478, R2=0.8465, R1=0.8448, Pivots=0.8435, S1=0.8418, S2=0.8405, S3=0.8388 indicates the following as well as I use other indicators such as zona trade that displays the zona signal BEARISH on market position 0.8431 so that the most appropriate step is to conduct an open position SELL with a stop loss of 0.8451 and take profit at 0.8411
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My analysist for eurgbp today, 11 september 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 0.8451 tp 0.8471 sl 0.8411
sell stop 0.8411 tp 0.8391 sl 0.8451
happy trading, may profit always with us
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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