TradingView
islington110
Sep 19, 2016 3:29 PM

Short EurGbp Short

Euro Fx/British PoundFXCM

Description

Analysis from previous day and London Opening seems to favour prices falling for eurgbp. Let this run down till TP is hit
Comments
islington110
My analysis idea is that once a market forms a trend, then you missed the 'bus' by the time you join the trend, then it's most likely that a reaction of the opposite direction mostly likely takes over. In other words, once the sellers sell, then the buys get interested and take a buy position to take advantage of the price change. Remember my strategy is short term only and is based with time. Price Vs Time trading!
More