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.

Wednesday, 6 March 2013

EURUSD: comparing My-Waves

An impulsive formation -note the two coloured spine and clear delineation between all the lines. Now look at what we just had and what it was attached to. This is why I think it is all corrective and we go up in 'c' now or more if what we are in fact seeing is 1-2/1-2's.

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