Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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: 9.51am
It looks like all my starting positions in the weekend summaries are working out fine this morning. I can not keep up with all the charts with the momentum going on, so will just focus on EURUSD whilst I am managing my longs there.
Almost through the web! 1.3500 target today or close enough.
Here is the weekly trend chart with the Gann lines cleaned up working off the 1.3352 low. The weekly trend cloud and regression channel sit in that 1.3500 area and looks a good place for consolidation. Of course, happy to hang on to any coat tails if just punches through into the 1.3560 area, where the last weekly trend line sits.
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