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.

Saturday 23 March 2013

EURUSD Weekend Chart

Still bouncy and no place to buy again. Price is still below the Monthly Cloud and although making progress now on the up cycles, I'll look to see how matters are progressing when those momentum indicators are at the bottom of the sub-chart, not the top. A test of the existing low which is found to hold, might be a buy and the only entry needed next week, but we shall see.

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