Just in case you are into this, there is an ABCD formation in hourly chart of EURGBP. I looking at 0.88 level to be broken for any further downside possibility. Here is the Chart!
My internet connection has been extremely unstable and crappy today. I am in fact taking additional risk by continuing trading 🙂 . Anyway, this is a pretty straightforward technical trade. EURGBP was hanging around Friday’s high, with failure to make it above 84 level. Short position was entered at 84, two profit targets were achieved, […]
Here is the chart I am watching closely. EURGBP is due for breakout. Which way do you reckon?
I am looking at 240 min chart of EURGBP. Are we heading for another breakdown? I am watching closely, and maybe, we are looking at 0.87-ish. What do you think? Some technical statistics: About this tool
I am holding my short position of EURGBP right now. This is an interesting trade, probably because of the intense converstation between me and Davidpotts on Twitter. He is out from the position now while I am still holding on. Let’s see how it works out. So far, I am still convinced that EURGBP is overbought. […]
Just how bad is Oanda’s tradig platform. I decided to cancel all short orders of EURGBP after watching the FXtrade platform behaved weirdly. Look at the distance between the order price and the current price. They were around 100 pips away, but, it was showing as 1.1 pips? And I tried to switch tabs, it […]