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.

Wednesday 14 August 2013

EURJPY

I have banked approx 2/rds of shorts which were in profit and covered the last proportion for now. Just not catching to the downside at the moment and the hourly momentum cluster getting tired. I am looking at the bundle of opening ranges since close of New York last night, surrounding yesterday's high and that looks like a lot of potential stops to me. Taking all the pressure off and hope for a move up to release longs and re-short.


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