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Thread: EUR.GBP

  1. #51
    action-reaction arco's Avatar
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    Hi Peat

    Yes I closed a short off last night for 61 pips
    because I felt there were a number of factors that
    may indicate a reversal could be close at hand.

    .......Plus of course I enjoy taking a profit

    arco

    NB. Major Gann below at 6714







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  2. #52
    action-reaction arco's Avatar
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    Peat

    According to my calcs based on yesterdays EOD
    figures a reversal would project
    to 6892-6933 with a Major Gann at 6958.

    Some of these figures would change slightly if
    the recent lows are taken out.

    arco



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  3. #53
    action-reaction arco's Avatar
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    Mentioned on the 9th Sept "Major Gann below at 6714"

    6711 has just been touched so time
    to dip in a tentative toe with a
    tight stop

    I will need to recalculate the targets
    tomorrow.

    arco

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  4. #54
    action-reaction arco's Avatar
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    I entered yesterday at 6721 just shortly after my post
    so a wee increase overnight and showing +27 at the moment.




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  5. #55
    Legend peat's Avatar
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    never one to underpay when on the long side,
    I am still in on this at entry of .6762

  6. #56
    action-reaction arco's Avatar
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    Major Gann holding well, and a nice long green
    candle forming a 'Rising 3 Methods' derivative
    - classed a bullish sign. Plus a line break on
    the oscillator looks good. Also 2 Garts working
    in tandem at the moment, so see how we go.

    +50 with stop just below Gann.
    Resistance possible 6836


















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  7. #57
    Legend peat's Avatar
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    yes it started going up after i closed out arco..... lol


  8. #58
    Legend peat's Avatar
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    on the larger timeframes this is definitely forming a triangle thats getting closer and closer to the apex...

  9. #59
    Legend peat's Avatar
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    looking at the daily theres a definite breakout on the upside of this 6 month long flag. could be massive.


  10. #60
    Legend peat's Avatar
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    and could have a correction too heheh

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