Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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.
Thursday, 6 December 2012
EURUSD: 4.21pm
Not a lot of pip progress over the last hour and extended of course down here on the daily pivots. The pink line above is roughly where my 4hr crest of the daily My-Wave sits, so plenty of retracement there when this 60min My-Wave turns over, just to get back to 'home'.
Here is the daily My-Wave and pivots. No place to be too short me thinks.
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