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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3035
Forum Topic:

GBP

Discuss GBP
 
Rob
New York, United States
Posts: 305
4 years ago
Jan 14, 2016 14:06
GBP/NZD 50DMA about to cross under the 200DMA...
Rob
New York, United States
Posts: 305
4 years ago
Jan 8, 2016 18:14
Well - next stop 100WMA at .76, then 200, and possibly top of channel....
Rob
New York, United States
Posts: 305
4 years ago
Jan 8, 2016 18:11
EUR/GBP going to close above the weekly trendline today - next stop - 0.80, top of monthly downward channel.
Rob
New York, United States
Posts: 305
4 years ago
Jan 7, 2016 3:30
In reply to oldgreywhistletest's post
Thanks OGWT - I went long at .7355 - hoping for a break of the weekly trendline, it's been knocking on that line for while - has to get through sometime (OK, no it doesn't but...). Then on to at least .75 if not weekly 100MA a bit above .76. With BOE having to be dovish as well - it looked right to me. Only thing is it's still well within a downward monthly channel.
oldgreywhistletest
mulhouse, France
Posts: 0
4 years ago
Jan 5, 2016 21:27
In reply to Rob's post
correlation between euro and gbp is always, and except on uncorrelated period, around .90 so mind the positive correlation between euro and gbp
georgetorrent
Dunedin, New Zealand
Posts: 0
4 years ago
Jan 5, 2016 9:52
In reply to Rob's post
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Rob
New York, United States
Posts: 305
4 years ago
Jan 5, 2016 1:22
Ashraf and others - being negative on GBP and positive on EUR - wouldn't that seem a perfect opportunity to go long EUR/GBP? Monthly chart is still showing a downtrend, but daily and weekly look to be coming alive.
Rob
New York, United States
Posts: 305
4 years ago
Dec 22, 2015 2:14
Hello all,

Just an FYI - quite late to mention...but I use Gain (forex.com) and I didn't get stopped out of the GBP/NZD trade (I think the day of the RBNZ decision) - I can't recall the high, but I'm pretty sure it was about 30-40 pips below the stop. I've held it since and am well in the green. Perhaps question your broker or change to another if you were stopped out. Seems like quite the difference....

Happy trading and holidays all!
Rob
Ismailjamalrowthar
Tirunelveli, India
Posts: 0
4 years ago
Nov 11, 2015 16:48
Sir
As per your signal i took many position for eur cad, eur usd, GBP, and Jpy but all running now negative now what to do?
My equity coming down what to do?

GPB will fall or that also hit SL?.
alexgonzo
dover, United States
Posts: 0
4 years ago
Nov 3, 2015 9:38
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