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DutchFXtrader

Short EUR/GBP

Euro / British Pound (FX:EURGBP)  
DutchFXtrader Updated   
FX:EURGBP   Euro / British Pound
Support and Resistance Supply and Demand stoplos luijckx EURGBP eurgbpshort
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supportandresistance supplyanddemand stoplos luijckx eurgbp eurgbpshort
Short opportunity EUR/GBP. Stops above previous two tops has been hit. There is a change EUR/GBP will rise further to hunt stops above 0.8970, so we keep our stoploss tight, around 10 pips (Kill the monster when it's small).
Comment:
Position in profit, let’s see what the Sunday opening will bring us.

Enjoy your weekend!
Comment:
It looks like the eur / gbp started the week with a stop loss hunt at the 0.8945 level.
We remain in position.
Trade closed: stop reached:
Unfortunately the stop has been hit. Upwards power of EUR/GBP seems to be too strong. Good news is that is was only 10 pips. Seems like it's going to attack the 0.8975 area now.
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