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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.

Thursday, 7 March 2013

EURUSD: 12.33pm

It is a very specific entry but I reckon the market provides itself with this point every day. Not saying this is the one, but that line got tested below and then above and then right at it. Tiny risk for a potential newly developing trend. Will 5 pips bag a break out or do we have to go lower nearer the pivot?
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