Timing the Euro Trade

Published on
July 9th, 2019
Duration
8 minutes

Timing the Euro Trade

Trade Ideas ·
Featuring Joe Perry

Published on: July 9th, 2019 • Duration: 8 minutes

Joe Perry, CMT, of ForexAnalytix, reviews his trade on the euro from last month and considers a different way to play the situation via the British pound. He outlines the technical setup for EUR/GBP using Fibonacci retracements and Elliot Wave analysis, notes key levels that traders should pay attention to, and considers red flags to the thesis, in this interview with Jake Merl. Filmed on July 8, 2019.

Comments

Transcript

  • JM
    Joe M.
    10 July 2019 @ 05:49
    Filmed on June 8th with a 1 month time horizon and published on July 9th.........
    • JL
      James L.
      10 July 2019 @ 12:12
      Think you read that wrong or didn't know which chart you were actually looking at because both the description and the EURGBP price chart was showing July...The original or previous trade he had done on EURUSD which they were simply recollecting on may have been in June.
  • JL
    James L.
    10 July 2019 @ 03:03
    Think Joe meant to say a Rising Wedge and not an Ascending Triangle...the former has a Bearish bias whereas the latter would have Bullish bias.
  • JL
    J L.
    9 July 2019 @ 13:01
    I'm bullish UK long term (stocks and real estate, not necessarily GBP) but no real arguments are presented here, just some pretty sloppy technicals, feels like trading for the sake of trading to me