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, 2 January 2013

EURUSD: 4.18pm

Having spent most of the day thus far banging away at D3 and D1, price has reached D2 in a hurry as hoped for this morning. If D2 fails, then D4 is the next sequential target of D3 which looks do-oable before that forecast low marked out in the sub-chart. Stops at breakeven and riding this baby down hill as far as she goes.
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