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.

Wednesday, 5 December 2012

EURUSD: 5.13pm

Enough of longs for me - almost to target but that spike up looks like a 'c' wave to me in motion and want to be ready for next wave downhill. If you measure the likely 'a' wave and 'b' wave of this move up from 1.3059 in time, they were to the minute the same duration. That is only a few minutes away from being a=b=c as well. So looking for confirmation to short.
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