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, 13 February 2013

EURUSD: 1.51pm

Whilst I am waiting for the shorter term waves to pan out, just a quick look at that Monthly My-Wave. If this was a 'b' wave up (or wave 2 for more bearish count)then the fibo extensions look very rewarding indeed, as of course the monthly wave would be taken apart too. No need to worry (or hope) about what if's though - just follow the intra-day gyrations as see where they are going and we will end up somewhere for sure.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)