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, 29 January 2013

USDCHF: 9.23am

Last week, my hoped for launch uphill of USDCHF turned into a 'b' wave, although I still managed to take some pips out of it. Here we are now, a week later, laying over the top of that diagonal and into D1, with D2 calling from above (D2 is in a peak which is a bottoming zone).
I am looking to go long in preparation for a burst through the displaced trend line.
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