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.

Friday 16 November 2012

EURUSD: 12.47pm

Looks like D1 has held at the Gann line as hoped for. Have drawn in possible course of next wave up, cutting D3, bouncing off the back of D1 again, before moving on up towards D4. SMI seems to be helping us here as these only support directly in retracements.
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