accumulating longs here (gently) at the bottom of the range.
EURGBP DAILY same thing over and over, obviously its been a buy on the daily chart, price is reacting off the daily demand in Grey
I expect EUR will collapse again soon, ahead of the green supply above.
Markets have been dragging in asia and most of UK, ahead of NFP friday, in 2 days.
Aye, it’s back to where it started, probably some more buying.
I’m happy enough with these levels, my planning revolves around 86.00 or over
And back up yet again - now will they keep buying - reasonable chance methinks.
On Eur/Gbp I have to exchange the currencies, no leverage, just the money.
So I’m in reverse mode, decisions made back in early 2016, some by me, some for me, all just good luck I suppose.
Anyways bottom line is that as Euro rises and GBP falls I sell a little more.
The higher the Euro goes the more I will sell and the happier I am.
If I think a top has been reached then change of plan…hassle…
Dont think any top yet in sight, but then again I’ll let the market tell me
short GU here EG at a very signifacant level (think long)ST at least
consolidation they call it LOL
I got caught with 2 x .05 shorts up here, as you can imagine hundreds of orders opened and closed there, and will again upon return to that level.