Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Wednesday, 28 November 2012

EURUSD 11.20am

D2 & T4 Getting close enough to mark that down as another good job done; have banked half shorts and covered the rest for now, so flat. Will release rest of shorts at 1.2878 if get a reversal pattern of some sort to hide a re-entry behind but nothing clever here, given my previous posts. I'd like a ride up the back of D2 up to D1's topping formation to use up the SMI strength in due course to go net short again, but for now, wait and see. If D1 breaks to the upside, then I'll top up longs.
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