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.

Monday 24 June 2013

GBPJPY

From earlier, the Strengths Analysis had highlighted this pair as one of the top four. It went deeper than the 'half trend line' but still provided an excellent bounce if you had followed it down. The daily pivots and 60min bolly band usually provides keen support or resistance lines back into trend and works well with the trend line band.

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