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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.

Monday, 3 December 2012

EURUSD 4.57pm

Looks like the 4th in the 5th there or first leg down. I might get my correction yet! SMIs still supportive of deep pull back to test 1.2659 low but anything is better than this ED. Just how hard will the goose be sick? I have been waiting over a week now for my 'D' lines to provide a ladder down to D4/D6 at the bottom of the chart, if only to prove to myself, that they have merit, just as d5 did as a target on the 23rd when we D4 was 'cut'.

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