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.

Thursday 30 May 2013

AUDCAD

I am, not surprisingly, completely bored with this today. I have left the 1-2 count on for now, but it does feel like we are still in a diagonal and the momentum cluster is drawing one out too. I do not know what the count would be yet if we are still in the diagonal, although obviously corrective at this pace unless something happens spikey. We seem to be at the forefront of the next cycle up but unless it bursts through the perimeter, I'll be taking pips there and being grateful!
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