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, 13 June 2013

GBPAUD

If it gets there without taking a breather, I'll be closing out 2/3rds of my shorts at S3 today and waiting for a return to the 12.5D trend line (thick blue one on this short term chart) or higher to reload. The intraday momentum cluster is already busting a gut and think S2 could just be enough to cut the chord again.

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