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 20 November 2012

EURUSD 9.22am

I have been chipping away adding longs on small moves down. The taking of D7 yesterday and holding of D3, makes D4 the next target, currently at 1.2984. This is very near the next Gann line up after 1.2878 at 1.3020 which is also a powerful Gann line from the 1.6037 all time high. So, to 1.2878, then let us see what happens. D1/4 needs to crack and hold to get even heavier long if get the chance.
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