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, 4 December 2012

EURUSD:2.56pm

My-Grid from 1.2659 plus Gann calcs at 5.625 degrees. Have also trimmed the T & D lines to just T4 & D4. Little pink arrows mark out the baseline of the My-Grid. If you look at the journey up, I reckon this should help on the journey down. As soon as we have an 'A' down, I'll map out the descending grid. I have added the Gann calcs down from the assumed top in gold - first line down is 1.3034 and then 1.2963. Will be interesting to see if price bounces off the calcs running up, or the new ones running down.
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