Eur/Gbp

[mostafa abdelwahab]

The trading rang for today is among the major support @ 0.8910 and the key of resistance @ 0.90.
The general over short basis is to the upside targeting 0.90 as far as area of 0.9045.

[arjun]

Evaluasion
huh,, what happens, prices move very far up. just do cut loss for the position yesterday, and now we follow the trend up is formed. huh, this unlucky play in pairs.

Position For Order:
buy limit 1 @ 0.8942
buy limit 2 @ 0.8923

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, but i like to cut loss and cut profits.

Image link:
http://i1123.photobucket.com/albums/...1122-03-08.png

[Victoryindia]

EURGBP M30 Chart Price Action Analysis:
EURGBP is in a triangle now and breakout could give a nice signal in both direction. I am planning a short position if E\G touches the upper trendline, which also confluenced with 50% Fib.

[arjun]

Trend formed:
Current price 0.8887. This moment that often makes us not be fooled. because it shows the price trend down, but seemed restrained by the line 0 marbels. it's good we waited for the next candle. or if we can dare to take an instant sell open positions.

Position For Order:
Position 1 ==> Instan sell position.

Money Management (MM):
Use multilevel lot. ...Lot Position 3 > lot position 2 > lot position 1.
Stop Loss and Target Propit up to you, I like to cut loss and cut profits.

Note:
Always slide the buy / sell limit follow the movement of sma or ema.
And remember, always disciplined and follow the rules .

Image link:

http://i1123.photobucket.com/albums/...1116-34-18.png

[arjun]

prices turned out to have a large enough correction , but even a loss position, but there is one position to profit . no problem. white marbels appear on h4,.. OP seems very risky in these pairs. because the trend h4 d1 opposite trend.

[soumen]

today I am giving 2 pending order
buystop- 0.8927 tp-20 to 30 pip sl-30pip
sell stop-0.8887 tp-20 to 30 pip
tp will be increase and this is better to close manually

My target is hited in eur/gbp . in sell26pips profit. . today not more. this is time to close the tread.see next monday.

[Victoryindia]

The market is downside oriented today. We advise to play this bearish strategy as long as the market
does not go above 0.8946, as we anticipate a direct drop to 0.8841. Sell close to 0.8926 to play a drop
to 0.8841.....

[soumen]

today I am giving 2 pending order
buystop- 0.8927 tp-20 to 30 pip sl-30pip
sell stop-0.8887 tp-20 to 30 pip
tp will be increase and this is better to close manually

[arjun]

the price has been bouncing on the yellow line. pairs and I think this will continue the bullish trend.
I made two boundaries can be an alternative to installing BUY LIMIT

[Victoryindia]

upward momentum continued with a long bullish candle yesterday and now it already reach the another resistance area........

next level will at 8926 area..........let see what happen later on