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, 11 December 2012

EURUSD: 2.35pm

Still looks like down to me from here, or thereabouts rather than being an impulsive wave - just looks horrible to me. Looks like T4 above was indeed holding matters up if that be the case. I have drawn in the fib fan off the last high - sits about S1 today which will be where I'll bank shorts if it comes my way, unless there is a waterfall. Still got to make sure we don't have a 'b & c' of 'b' before 'C' down.
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