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.

Thursday, 17 January 2013

EURUSD: 8.12am

That looks like an expanding diagonal on the 5 min chart, playing out at the, what seems like, the end of a long corrective phase after that strike down on the 15th. Hope it is a terminal structure and I am trying to short off the previous high to the left and the bolly band SD for a tight entry short.
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