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: 7.26PM

Shorts closed at 1.3442. Good haul for half a days work. Could be more tonight but I'll look again in the morning. This whole move up from 1.3352 is looking more corrective the longer this goes on - note the lack of My-Wave formation thus far to the upside, notwithstanding the trend line is bullish. Going to need a retest of the purple FLD to sort this out and that is perhaps where a 'b' down in 'B' up might be the count here. We shall see - no need to guess, market will sort it for me in due course.
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