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 28 February 2013

EURUSD: 11.28am

My-wave still in tact and 60min Bolly bounce seems to have contained an 'abc' retrace. 240min and daily DMAs up above price action on third chart to bed in some acceleration to the upside. First two charts are from earlier with EW counts added, bringing the weekend charts up to date. Note how the Speed line channelof the first 'a' wave up from 1.2041 still holds price - remarkable!
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