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: 4.24pm

This is painful! In lieu of the SMI going overbought again without a wave 3 launch, I have drawn in the obvious perimeters for the price action thus far. Might get negated quickly or not, but so far, this is all I have in the absence of the rocket. Could be like this all week until we hit T4.

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