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.

Wednesday, 1 May 2013

USDJPY

112day MyWave is still formed to the upside, albeit under pressure from this correction and it's respective momentum cluster is oversold. With 3 spikes down on the 14day cycle chart into a well formed wave (C wave?) and what looks like a back test of an ending diagonal, I am looking to go long.
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