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jcds
Aug 16, 2016 1:38 PM
EURGBP short
Short
FX:EURGBP
60
Euro Fx/British Pound
FXCM
Description
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Aug 16, 2016 1:38 PM
EURGBP slammed by Monthly resistance after a rally. I setup a short trade with an EP at 0.869 SL 0.873 and TP at 0.863 near daily Fibo retr.
Trade active
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Aug 17, 2016 7:10 AM
Trade closed: target reached
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Aug 17, 2016 7:10 AM
eurgbpshort
resistence
Comments
mqalib
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Aug 17, 2016 12:18 PM
I have sell position on EURGBP at 0.85953. What do you think about it? thanks in advance.
jcds
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Aug 17, 2016 12:40 PM
I'm going short too, I'm taking the SL over 0.8815 the 100% weekly Fibonacci retracement. BTW I think it'is a bit risky trade.
Why did you open a short trade?
mqalib
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Aug 17, 2016 12:50 PM
i think it will go down till end of this month. But for now it is risky. I dont know to close this position or not!
positionforex
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Aug 16, 2016 2:12 PM
Could be more upside first. Long term resistance is closer to .8800.
jcds
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Aug 16, 2016 5:25 PM
You're right. I used the Fibonacci retracement monthly. And I did not catch the enter, damn! :-)
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