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, 15 August 2013

EURJPY


On the face of it, lots seems to be happening but the actual price change overall is negligible. As I stated this morning, a 100 day low later this month is due but I believe we have further 'ups' to deal with first. I am counting this week's sidewards action as a 'b' wave and expect a launch up hill towards last month's high. This correction may not be over but for now, I am counting it as done.
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