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.

Tuesday, 27 November 2012

EURUSD 7.15pm

Twitter feed up and running, so do sign up there or via the email if that is easier to keep up-to-date with posts as they occur. Regression channel taking shape and move below D1 is holding below the daily My-Wave with a retracement at present. D1/4 is providing cover without a bottoming zone coming to view until tomorrow morning at the very least (orange line to right of price is straight down)and the current bottoming zone (strength for EURUSD) is just about coming to an end in line with this little retracement, without the D1/4 getting 'cut'. As long as D1/4 holds, looking for next move down as the night moves along.
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