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: big picture

The turning points of my 'Hurst Interpretation' chart have been quite startling to me. I do not bring this out too much, cause it is my own work based on my own cycle calcs/indicators, not using spectral, fourier transform etc. Basically, it is a visual interpretation and subject to all sorts of 'tutting'. However, it seems to be working. Given the next turn date of the 11th December, the two '3 wave legs' since 1.2041 and me thinks it is worth a guess at this formation. We shall see.
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