Comments on: EUR/GBP: Makes sense to try a small short trade https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/ The Professional Source Wed, 19 Jun 2013 02:42:40 +0000 hourly 1 By: Sean Lee https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23399 Wed, 19 Jun 2013 02:42:40 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23399 You picked a better entry level than I did Ken, really not sure at moment but will stick with longer-term bear strategy. Only problm with this pair is that it moves so slowly and takes my attention away from better trading opportunities

]]> By: ken https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23391 Wed, 19 Jun 2013 02:03:14 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23391 Sold this pair last night at 0.8569 with tight stop 0.8593. Target 0.8515

]]> By: Sean Lee https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23379 Tue, 18 Jun 2013 21:24:29 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23379 Thanks Ulas, good luck

]]> By: ulas https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23378 Tue, 18 Jun 2013 20:35:26 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23378 i’m long this pair for more than a month and hoping to stay that way till it hits 0.88 or so… my thinking is EM sell off makes EZ a good place to park money. Euro is liquid and in times of caution investors like that. GBP is liquid too but EZ offers better rates. so my thinking goes with: “inflows to EZ will support EURGBP”

of course it also depends on your view regarding what will ECB do. i never believed in negative deposit rates, it was just a trick to keep rates low on the front side IMHO. also PMIs look bottoming which will write off a policy rate cut in the near term.

the thing is there will be pressure to ECB to do more, so i don’t know my analysis is solid but i’ll try to hold it as long as it doesn’t break below 0.8470

]]> By: Sean Lee https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23360 Tue, 18 Jun 2013 10:35:12 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23360 Yep, timing definitely off.

]]> By: Leigh https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23356 Tue, 18 Jun 2013 09:29:43 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23356 Timing maybe off. The EUR will drop soon it’s just a matter of when. I think the perfect trade will be to jump on the EUR/AUD when the AUD finds a bottom.

]]> By: leigh https://fxww.com/eurgbp-makes-sense-to-try-a-small-short-trade/#comment-23350 Tue, 18 Jun 2013 08:55:38 +0000 http://381c099c8f.nxcli.net/?p=8686#comment-23350 Yes 100% agree.

]]>