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: 7.31am

This does seem to be a key moment for my work in validating the longer term significance of following multiple trends and their cycle journeys, and more importantly how they interact together to affect the short term gyrations. Although the shorter term impulsive moves are of course what I am trying to trade, being aware of tide changes is essential in making sure the sails get into the wind at the right time and to the best results. I do not want to be tacking all of the time! Price has so many cycles topping over the next 2/3 months and D11 is starting to wane now. Do see the weekend report for more information. I think D14 is the target line in due course, but that does not start its bottoming zone for a bit and the SMI forecaster seems to be in agreement. I do not know exactly how the party will end but bulls should be careful!

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