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.

Tuesday 19 February 2013

USDCHF: 10.51am

Looking like shorts maybe ready to go on here. Price up into the monthly Displaced MA peak in what was counted as a 'b' wave up in the weekend report. Daily My-Wave (green)looking very corrective around the previous high and the 0.9248 pyra-point line, with the daily trend line red for sell and negative divergence on both the SMI clusters on the two charts. Small risk for getting into 'c' down.
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