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.

Monday, 10 December 2012

EURUSD:11.33am

Nearly four hours of testing that first parallel line of the 85.4% fib fan from Friday's low to stab high. If it continues to hold, that is starting to look like a steep channel. Overlapping waves may signal leading diagonal and need to bank top perimeter/lower lows combos.
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