PerryCM13

PerryCM13

i writ this before the ECB monetary policy came out, done exactly as i expected and i wish i had sold above the high but was already in 2 positions against the Euro. 3 levels of rise, M and consolidation, take out the stops before making it way back down.

PerryCM13

Similar to the EURGBP....3 level of rise out of the accumulation zone, we the break the high taking out any stops then make another move up before a downwards move! i have already tp'd on my first sell, i am expecting price to make a move up into order blocks before making another move into the previous accumulation zones. i have sell orders at 15840 and 15860...

PerryCM13

Think we may see a push back to the high, price failed make a lower low! Strong yearly pivot sits around 1311 area and has failed to be broken!! Im not in this trade but if price action suits my entry price il be a short term bull

PerryCM13

Looking for the GBP to finish the month with a bull push SL will be set below previous low TP is the pivot area etc

PerryCM13 Updated 

Euro looks like it may start to weaken both technically and fundamentally. Possible H/S pattern??

PerryCM13 Updated 

Although im short i will be looking to exit with slight profit as i see pricing moving higher short term!! Also FED interest rates Wedsnesday??

PerryCM13

This pair is very close to all time highs

PerryCM13

Look left!! We may see this pair consolidate a little at this level but Sells look good

PerryCM13

Has been a sharp sell of into the weeked, BOJ interest rates Wednesday?? ithink we may see a move twice as aggressive out of that zone next week! GBP news has also been relatively good post brexit compared to other countries, mainly US and the Euro.

PerryCM13

Chart pretty much explains itself!! To add some fundamental analysis, ££ has been posting some positive figures post Brexit. OB stands for order block, im expecting price to pin this area at some point in the next 3 weeks before closing the month around previous high area.

PerryCM13

OK so as i published the GBP/JPY AND CADJPY charts so i thought i may as well show you what i see for the cross pair GBP/CAD. Long term i see this reaching for fresh lows at 1.483 so until i get a Sell entry from 1.76 i wont be trading this pair!! A break of 1.73 and BULLS should be safe up to 1.76 then you should be only looking for SELLS (in my opinion i...

PerryCM13 Updated 

My bias is short, Weekly chart has a solid rail road track off of 0.955 which is close to an all time high for this pair. I expect a retracement back into 0.932 area before heading down to make some fresh lows!!

PerryCM13 Updated 

Long term im BEARISH on this pair and i do believe we will be back to take out the low at 128.6 but for the short term im a BULL and i see the GBP rallying up against the JPY. 156.28, 162.19 and 165.74 are huge areas for me so i would expect price to start lagging i will be looking for sells up there but for now watch for the trap moves in and around the 137...

PerryCM13

Daily chart looks as though its had its 3 levels of fall, possible H/S forming at the lows. My thoughts are that this pair is in the final stages of reversing before it starts retracing long term back up possibly into the 91 - 92 area!! My 1st TP - 82.5 and 2nd TP - 83.80