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.

Friday, 24 May 2013

AUDCAD

Slow day at the bottom here but whilst that low holds, I am counting this as as an A & B thus far with a minimum of a 'c' leg up. I am averaged in to 0.9995 and looking for a very long ride up hill if this catches fire instead as an LD, then deep 'abc' retracement. See previous posts for where and why. The proximity of that 25Day FLD band above is very alluring as a break above will push uphill hard me thinks.
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