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.

Tuesday, 19 March 2013

US OIL: 2.02pm

Closed out GBPUSD for handful of pips - should have/could have taken more but other fish to fry. US Oil chart looks good for shorting: monthly trend down and price right up into the retracement cloud with overbought 4hr momentum cluster and what looks like the top perimeter of an expanding diagonal and the 8hr volatility channel. With my margin, I have to bet less per pip but it moves quick - I hope!
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