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SonicDeejay
Aug 22, 2018 9:06 AM

EUR/GBP Aug 2018 (Bears can claw back in) Short

Euro Fx/British PoundFXCM

Description

This will be my views of EUR/GBP (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.


Cheers.

S0nic

Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
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Comment

View on EUR/GBP (22 Aug 2018)

It is still in the early stage to call for the ultimate reversal.
So, I am looking into a small short and see how the chart go.

EP Short as long as the price below 0.902
SL 0.916

TP1. 0.8891
TP2 0.8840

Comment

Updated View on EG (24 Aug)

It is going in our favor at this moment.

If you are already in the position, DO not add short. Let's it play out.
In order to be on our way again, the price has to break below 0,896 strongly first.


Trade closed: stop reached

It hit my SL>

I am out.
Comments
SeanWilfred
Sir is the trade still valid now? Because today it go up so high.
SonicDeejay
@SeanWilfred, It hit my SL>

I am out.
SeanWilfred
@SonicDeejay, Thank you Sir.
tomg10
any opinion now, at 0.9045 27/8?
Mrvodkar
It's at a new 2018 high.. And highest since Oct 2017..
mk_1301
@SonicDeejay Good to enter now or should we wait for it to get closer to 0.901 - 0.902?
SonicDeejay
@mk_1301, Yesterday candle was still under BULL, You may want to go in when a bear candle show up.
USAS_INC
long scalp may be in place until meet some sellers..
SonicDeejay
@USAS_INC, yes.possible.
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