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.

Monday, 12 August 2013

EURJPY

Closed longs there at the daily pivot and call that quits today - great day! Will look again in morning and see how price is reacting to the various Harmonic Octaves. Currently sat at the 128.77 line which is the top (or bottom) of  a 2012 Hi/ low Gann Square reflection. Looking at the daily momentum cluster, there is some oversold pressure to relieve, if this is going to fall.  Looking to sell higher or buy again if matters consolidate here and then breaks up. Catch up tomorrow.

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