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: 9.56am

Just spotted the diagonal - 'abc' almost done from Friday's low, with ending diagonal in the 'c' looking like 5 waves inside?. Spike out of the top in 5th wave would be perfect if it works. Could be leading of course but with the messy wave formation and state of my 60min SMI's, I will stay short today until something gets relieved to the downside. This might pick up the whole 'C' down from here, which would be very nice indeed. Fingers crossed.
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