Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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, 23 August 2013
eurjpy
Been traveling all day and only just landed. Quick check of charts shows nothing different to change my thesis that the 100 day low should be pulling down on price action. The underlying 3 day Hull's look like they are under pressure here and all being well we should see this stick. The touch of the upper perimeter in the daily triangle suggests 129.40 is the downside target, but I'll be out before then if it spikes down and looking for a 'b' wave to short. I am meant to be on holiday this week, so any posts will be when the boss is not looking. I have promised to stay away but that never works!
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