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

EURUSD & GBPUSD

EURUSD has broken its diagonal pattern but oversold intraday at the moment, so I am leaving that still. GBPUSD seem to be tracing out a flat correction in a possible 4th wave and although not likely finished, I am going short again from here, now that there is at least some life in those momentum indicators, although not as much as I like to see, to be sure. So just half an allocation here for now and hope to pick up a slide into an ending diagonal.
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