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, 22 January 2013

EURUSD: 5.15am

I should have just gone to sleep yesterday if all the good work is going to be done at bed time! Looks like we have our 'abc' up the back of D2, including a thrust from under to over it. D1 is below D2, so I am short again, targeting D3. Recall, I am looking for the follow up to the proposed leading diagonal off 1.3397.
Possible EW count for that retracement up. Not saying 'c' up is done or that the 'triangle' formation in wave 4 from yesterday is not out of the game yet, but enough for me to be short given ride up back of D making a 'cut' nice and easy.
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