NickCoulby
Short

A great long in EURGBP, using partial profits to flip short!

FX:EURGBP   Euro Fx/British Pound
87 9 2
Analysis on chart.. previous long posted in links!
The only hesitation I feel with this trade is that the wave 5 looks so strong on a bar by bar basis relative to waves 1 and 3.. short nonetheless
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IvanLabrie PRO NickCoulby
Yes, it's a bit dangerous...considering the eurusd chart.
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NickCoulby PRO IvanLabrie
Hmm that EUR strength.. Retracing pretty vicious now (which is fine), I bought GBPUSD so the combination of the 2 will be flat
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NickCoulby PRO NickCoulby
Wishing I shorted USDCAD, I was watching it retest that upper pitchfork band but it was so ugly looking
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IvanLabrie PRO NickCoulby
I'm waiting...there's a pending time at mode target higher...two.
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NickCoulby PRO NickCoulby
note: flat assuming EURGBP is stopped*
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hi, nick, my last pic in eg, pitchfork/channel tested - if not broken, then could be terminal w5 and pullback, but cable looking ugly....
snapshot
+1 Reply
Trade closed, great short
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IvanLabrie PRO NickCoulby
ka-ching
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