Piet.Hein
Short

EURGBP Short - I'm In

FX_IDC:EURGBP   EURO / POUND STERLING
822 18 45
8 months ago
All informations on the chart, good luck if you take it!
8 months ago
Trade active
8 months ago
Comment: The week closed with a nice hammer, my confidence is growing on this trade, really looks like a short term reversal (to around .75)
8 months ago
Comment: Today’s horrifying attack in Brussels will weight on GBP, now I would look for an upward breakout, I should buy it (if it happens probably this trade will be a loss).

http://www.fxstreet.com/analysis/indices-insider/2016/03/22/02/
8 months ago
Comment: Still in the trade after todays high, but as I said on the previous comment, it now is likely to breakout upwards.
8 months ago
Trade closed: stop reached: Too tight... Good to learn, never enter on a possible setup, wait confirmation!
kosai19 PRO
8 months ago
In my opinion this is not bearish yet. It needs one more good down bar in order to be bearish. I think it's more likely to make one more "surprise" high before falling. I have a chart of the three drives pattern which I'll be looking for. I think it's a good sell after one last push higher.

snapshot

+1 Reply
Piet.Hein kosai19
8 months ago
Nice mate, thanks for share your view, please if there is this pattern, when completed post here to keep me updated with your analysis.
+1 Reply
marcus123
8 months ago
I'm in too! One to one bearish on weekly;
+1 Reply
Piet.Hein marcus123
8 months ago
Lets make it! Good luck :)
Reply
aimen.abbasi.16
8 months ago
i am in i agree with piet's analysis hoping for euro to fall by tonite (trendline broken and tested )
+1 Reply
michaelakeju aimen.abbasi.16
8 months ago
Hi Piet.
Very different approach to mine in terms of analysis but same conclusion.
I am short from a bit higher than you though.
Good luck and lets see what happens

best wishes
+1 Reply
Piet.Hein michaelakeju
8 months ago
I like it very much, we all can see different things on the chart and have the same conclusion, as much as see the same thing and have different opinions! hahahah very cool. Thanks, good luck and congrats for taking it higher :)
Reply
Piet.Hein aimen.abbasi.16
8 months ago
thanks, good luck mate :)
Reply
HumphreyNR
8 months ago
Very nice analysis with a simple risk management plan, Piet. Thanks
I am always learning from your analysis.
Reply
Piet.Hein HumphreyNR
8 months ago
Thanks, very nice to read that, if you want some tips call me on the chat
Reply
Cenotaph PRO
8 months ago
Also short on this, but then on 8 hour tf.
snapshot
Reply
Piet.Hein Cenotaph
8 months ago
very good entry point congrats!
Reply
Cenotaph PRO Piet.Hein
8 months ago
Yea thanks, from your idea looks it might take it further. Cheers :)
Reply
Piet.Hein Cenotaph
8 months ago
I hope so ;)
Reply
Marvin
8 months ago
I would have thought it would weigh more on the euro.
Reply
Piet.Hein Marvin
8 months ago
these things can weigh on many currencies, but if there wasn't the Brexit, would weigh more on EUR for sure - it will weigh on EUR, but now GBP is fragile again.
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Marvin Piet.Hein
8 months ago
Indeed it is. And I'm long cable in several trades. I'm hanging on to them as I think post Brexit it will rise. All the best.
Reply
IvanLabrie TOP
7 months ago
H&S are 80% of the time a trap in my experience, in FX.
Reply
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