I am shorting to 86.33 with a stop at 86.81.

FX:EURGBP   Euro / British Pound
38 0 1
2016Sep23 I am shorting to 86.33 with a stop at 86.81.

The stop is 10 pips above the previous candle's high. My target falls on the 38.20% fib retracment level.

The RSI is in an overbought state.

The pair has been stepping higher for some time. Each retracement has reached to at least the 38.20% fib level.
Comment: Wow the EUR is on a tear today. If I lose this trade I will wait until next week and see if the enthusiasm has faded.
Comment: Failed.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out