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, 7 January 2013

Dow 5.57pm

Closed shorts on Dow for now and wait for 30min SMI to recoup some strength and price to be both nearer/into My-Wave and higher up in the Bolly channel.
Have topped up shorts on EURUSD where 'c' of A or 2 looks sooner rather than later. Bottom of that green regression channel would make a 'b' and up again from there as per weekend report. SMI forecaster looks like 'b' wave down then 'c' up in 2 for my game plan.
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