Eurgbp h4
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Thread: Eurgbp h4

  1. #1
    Join Date
    Dec 2012
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    134

    Wink Eurgbp h4

    Harmonic Trading
    Time frame H4
    pattern = ABCD 100 %
    Sell @ 0.8170 - 0.8180
    SL: 0.8264
    TP1 : 0.618 CD
    TP2: C
    TP3: A
    Happy Trading.
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  2. #2
    Join Date
    Dec 2012
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    9
    When with it. Looks like a good run.

    Happy Holidays!

  3. #3
    Join Date
    Jan 2009
    Posts
    285
    very high risk trade without confirmations first, at least see a big red candle first

  4. #4
    Join Date
    Dec 2012
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    134
    why high risk?
    you means... with confirmation? candle stick? or other pattern?

  5. #5
    Join Date
    Jan 2009
    Posts
    285
    Quote Originally Posted by fibo13 View Post
    why high risk?
    you means... with confirmation? candle stick? or other pattern?
    at the moment there's only bullish candles, when u think there's a reversal or has hit some sort of resistance, you need confirmations on the chart first with candles and possibly some add on indicators too

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    when u just look at this naked chart, eur/gbp is clearly in an uptrend, say you think it just hit some crazy resistance wall, you wait for at least 1 or 2 confirmations first before entering the trade...
    currently it still shows it's very very bullish, see no signs of slowing yet....
    perhaps you'll get a shooting star or some other indicators confirming it's the top

    and i dont even see why you wanted to short in the first place
    not sure the logic behind why this is the top
    anyway, it's just my opinion

  6. #6
    Join Date
    Dec 2012
    Posts
    9
    EURGBP (4H Chart): The pair has reached a strong resistance level (a triple top),

    Most likely scenario: Short @0.81574 with goals @ 0.8110 & 0.80840

    signal am listening to, but possibly with lower goals.

  7. #7
    Join Date
    Dec 2012
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    134
    The market has price action around 0.8220.
    thus my first target @ 61.8 % = 0.8107 and the second is @ C and third is @ A.
    Happy trading.
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  8. #8
    Join Date
    Dec 2012
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    Here we go, as a starter i feel like little kid waiting for santa under christmas tree, and here he's coming! happy piping, HooaH!!!

  9. #9
    Join Date
    Dec 2012
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    134
    Quote Originally Posted by fibo13 View Post
    The market has price action around 0.8220.
    thus my first target @ 61.8 % = 0.8107 and the second is @ C and third is @ A.
    Happy trading.
    Name:  eurgbp.jpg
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    Quote Originally Posted by pipasir View Post
    Here we go, as a starter i feel like little kid waiting for santa under christmas tree, and here he's coming! happy piping, HooaH!!!
    Tp1: 61.8=8107

  10. #10
    Join Date
    Dec 2012
    Posts
    9
    Quote Originally Posted by fibo13 View Post
    Tp1: 61.8=8107

    Got it, Yes sir thank you.
    Following your trades, maybe you got a journal, blog or something like that?

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