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.

Friday, 8 February 2013

GBPUSD: 7.58am

With price holding above the daily pivot this morning, this is looking good for a break up through the weekly trend line.
The slow ride up could be seen as corrective or base building with higher lows. With price above the daily trend line and the daily pivot, I'll be playing for break outs to the upside.
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