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 21 November 2012

EURUSD 11.32pm

Well that looks like 5 waves up to me; not quite 1.2878 or D4 but we have hit the 127% extension of the first move up and down from 1.2659. For now, I have faded this short and expect a steep 'b' wave down at the very least to test 1.2659 the low. Off to bed!
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