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, 19 September 2013

EURJPY


Ignore the pink counts for the moment that hail from the daily triangle count, the green count of late suggests that we may be turning into 'c' down of whatever larger count takes hold. I still can not see we have had an emphatic spike up to confirm the triangle thesis and bit my bit am moving towards the 'b' wave diagonal or flat instead. This 'c' wave could therefore actually be wave '3' of 'A' down. No matter, I am short from 133.00 (can not believe it actually got there are a whole week of willing it) with 1/4 allocation and will add when the London opening ranges are in. I have added the two daily chart options for possible storyboards below as well.


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