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EUR/GBP

By   || January 26, 2010 at 18:27 GMT
|| 16 comments || Add comment

HEY WATS UP WIT DIS TRADE,AM A NEWBIE HERE…THNX

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16 Responses to “EUR/GBP”

  1. Michael Miller on January 26th, 2010 21:53 GMT

    I’m not giving you trading advice, but i’ve got a short order placed at .8714. Very tight, stop loss.

  2. DOWJONESTRADER on January 26th, 2010 23:47 GMT

    I think euro-gbp will touch 0.8820 this week(in time 1 hour)

  3. samix on January 27th, 2010 04:59 GMT

    well its like there is no much movement in this pair..so what u guys think should b d nxt step…cos i really need to make some gains man…currently in d -ve…

  4. Michael Miller on January 27th, 2010 13:52 GMT

    I’m looking for the pair to head down to the .8620 area of support and then i’ll go from there. The weekly chart is looking good for a nice run down. Not sure yet, though.

  5. samix on January 27th, 2010 14:03 GMT

    hey miller nice analysis there,mehn GBP is really gainin ground….Thumbs Up Gbp..lol

  6. Michael Miller on January 27th, 2010 14:20 GMT

    I shouldn’t count my chickens before they hatch. It has to get through this base, first off. Fairly confident it will, shortly.

  7. cheg on January 27th, 2010 14:20 GMT

    60 min chart in eur/gbp points to a turnaround (TD analysis) with a low around 86.60 fwiw.

  8. Michael Miller on January 27th, 2010 14:33 GMT

    What’s TD analysis, Cheg?

  9. cheg on January 27th, 2010 14:42 GMT

    TD (Tom Demark) is an analysis based on counts. it works pretty well to find inflexion points in trends. (I am long this pair and dont want to influence your jugement but it was worth mentioning imo)

  10. Michael Miller on January 27th, 2010 14:49 GMT

    I’m expecting a pop from here, but holding in the .87 area.

  11. cheg on January 27th, 2010 14:52 GMT

    TD points to 87.28/30 as an objective following this reversal (if confirmed) but daily seem bullish as well fyi.

  12. samix on January 27th, 2010 15:20 GMT

    hey cheg,pls can u shed more light on TD analysis,n how can one get it,

  13. cheg on January 27th, 2010 15:26 GMT

    Google Tom Demark. It is a good start. ;)

  14. cheg on January 27th, 2010 15:39 GMT

    have to mention stop loss at 86.35 if reversal fails on 60 min eur/gbp.

  15. samix on January 28th, 2010 19:45 GMT

    hey miller wat u think about the reaction of this pair…wats ur analysis

  16. Michael Miller on January 28th, 2010 20:07 GMT

    I took a 60 pip profit last night, before heading to bed. I was afraid Europe would come in and push it up (for some odd reason) and missed out on a few more pips. Oh, well. This rally, could easily be sold. Actually, i’ll probably do it on a short term basis. Depends on what it does, within the next few hours.

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