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.

Monday, 18 March 2013

USDCHF: 3.46pm

I keep looking for reasons to close this trade other than it is going so slow and choppy. But, it keeps making higher highs and we are getting close to that breakout zone. I have drawn in the consecutive 85.4% fib fans being created by the higher highs and the next one up is at the same place as the contracting diagonal (possible) perimeter, shown earlier. I am hanging in their for a breakout but it is driving me insane with boredom watching it.
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