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.

Monday, 11 February 2013

EURUSD: 8.09am

Seems to be following the game plan. This direct retest of the first daily trend line has only bent the spine of My-Wave over - it has not turned. As long as the low holds there, we could see a thrust up soon as matters seem to be gaining momentum, albeit in the wrong direction at the moment. Last chance to buy in with lowest risk for last leg up? We shall see.
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