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, 18 July 2013

Dow

Whilst the EURUSD is milling around doing nothing, that diagonal on the Dow was perfectly shortable. If anyone wants to look back at the Dow Cyclic Phasing chart and see how many pips tend to be associated with moves into the 25day lows - can not always get the right drop but as long as they provide safe exits each time, definitely worth the effort to me.
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