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, 5 June 2013

AUDCAD

I am expecting GBPAUD to be stronger than AUDCAD because of the GBPCAD set up, but nevertheless, the cyclic phasing has me salivating on this next move up (posted Monday). I noted that the EW pattern did not look complete yesterday but that overnight low looks to have tidied up matters with yet another diagonal into the 61.8% retracement zone. Along with GBPAUD, I am looking for strong thrusts up and an early weekend!!

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