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, 14 June 2013

GBPUSD, EURUSD & GBPAUD

I am short all of these at the moment and just letting them roll until we get somewhere meaningful. Weakness from GBP in particular will help my ongoing GBPAUD position, so the cyclic phasing and ending patterns all look great to me. I have only marked up the EW count on GBPAUD for now, as price is at the 12.5D fld (chocolate) and a break there should see acceleration to the 25D fld (green). This, I believe, will come from GBP weakening of course and driving my GBPUSD trade
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