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, 12 December 2012

EURUSD: 6.57pm

Has it made up its mind yet then? Up or down.
First chart uses an Andrew Pitchfork to make a case for return downhill, but we are running out of time now without a dip tonight.
The second chart works off the 1.2041 low and argues for lift off. I am gunning for the first chart as it would look tidier but the waves are not relenting at the moment.
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