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 March 2013

EURUSD: 6.28pm

Looks like a sidewards triangle in wave 4, which would leave enough room for the annual pivot with a thrust out of the bottom. Could be explosive back up afterwards, so I going to be short with a tight stop after this leg 'c' is confirmed. Be good to catch that downdraft tonight but maybe too late already and will be a gap down on Sunday night.Could of course be 5 down already but I hope not.
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