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, 23 January 2013

USDCHF: 12.16pm

Back from sledging; snowman built; manflu not great. Glad I banked the GBPUSD. Await an 'abc' on that back to low of day before playing again. However, USDCHF is getting close I think.
From the weekend report, we saw that price had broken out of a diagonal and taken D8 to the upside.
Price has in fact been tickling D6 all last week and this, in a diagonal too. May need to get down to D8 to finish the 5th wave but not too far a way at all now, given the upside. A spike out the bottom would just be too good, wouldn't it? I am fading from here.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)