Fibs
Short

EUR GBP Intraday short

FX:EURGBP   Euro Fx/British Pound
Hoping on a pullback far enough to get filled. There is confluence of 61.8% retracement , Pivot Line and previous support that could become resistance (price progression).
Target is the 38.2% retracement of the latest Daily upwards move where we also find some historical resistance that may now become support.
Trade active: Trade filled
Unlucky. That got pretty close to filling and looks like a promising move.
Reply
Fibs alr14uk
I still prefer a trade that didn't fill than a trade that hits my SL.

However I'm keeping this one on the board for now for the following reasons:
- I still think there are big fat sell limits waiting on the Pivot level.
- You never know if the Monthly / Weekly QE Settlements reports from the ECB generate a spike up just high enough to fill those fat sell limits.

I'll remove my limit order on the next "swing high" if I still didn't get filled.
+1 Reply
Good point.

Good luck...
Reply
Fibs alr14uk
Trade activated after news release ;)
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