New EUR/GBP Big Trade Orders 11.27.2015 – Average Price 0.7133

1/4 Stopped out<>

12/8 -- Both entries TRIGGERED. AVERAGE Entry 0.7133

12/8 BK EUR/GBP Reload -- Place Order to Sell 1 More Lot at 0.7232

Now that cooler heads have prevailed, investors realize that the ECB’s actions is negative for the currency. Draghi and his counterparts panicked when they saw the EUR spike after the rate decision and they have promised to step in again if outlook worsens and a stronger euro would do just that. At the same time, the UK economy has been outperforming the eurozone and easing by the ECB reduces the strains on the UK economy which could leave the BoE more comfortable with the outlook for the economy. As such, we reload our EUR/GBP sell orders at 0.7232

12/4 BK EUR/GBP Big Trade -- Take profit on the 0.7230 lot of EUR/GBP (if you can) here at 0.7199). We’ll reload if necessary post NFP

12/1 Order to Sell 1 lot EUR/GBP at 0.7035 TRIGGERED

11/30 Update Lower EUR/GBP Entry

Place Order to Sell 1 lot EUR/GBP at 0.7035

Place Order to Sell 1 More Lot at 0.7230

Stop for ALL at 0.7430

New EUR/GBP Big Trade Orders

Place Order to Sell 1 lot EUR/GBP at 0.7073

Place Order to Sell 1 More Lot at 0.7230

Stop for ALL at 0.7430

Laying out new EURO sell orders ahead of next week’s ECB decision.

Swing

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