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.

Monday 19 November 2012

EURUSD 11.24am

Another tiresome waiting game but no problem if direction is the right way! Note how D1 is now the one providing resistance, not D3 - this is all happening above D7 - keep this in mind!! Break of that trend line will then have to be retested of course, so sleepwalking up here but the regression channels look hot and potent. Lots of stops to be taken out above 1.2801 - maybe 1.2878 is a little low a target for today? umm.
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