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, 15 March 2013

CHFJPY: 4.332pm

Worth looking back at previous posts from today. Well, I think you could call that a reaction! There are so many valid 'Lines in the Sky', it makes my head whirl at times, but this one is starting to look very strong. Anyhow, price is now at the daily dma and a cut there will likely see a test of that 'ledge'. Bit lost on counts, so will stick with the the 'c' wave of an expanding flat in an 'a' wave down overall. Having said that, trading the intraday wave is all I can do and for now that is looking downhill and will add momentum if it get past this road block. Be great to see some follow through tonight but I seem to say that every friday afternoon!
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