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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, 12 September 2013

EURJPY

Well, if it is corrective, then it looks done to me. At very least, we should see reaction to the ending diagonal - I hope! Defo out at 133.81 high if gets there and sitting aside today/tomorrow cause income targets will have been done and I have a couple of other matters to sort out. Fingers crossed for a quick ascent.

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1 comment:

  1. Anonymous12 September 2013 at 15:16

    Clive now that we are back in the triangle, at least intraday, do you think it's possible we won't make a run at the high, i.e we won't trade all the way back to circa 133.8? Price seemed to break back into the triangle a lot easier than i thought it would do. I am watching stocks, big divergence between ear/jpy and stocks and they are usually highly correlated so one will probably move soon.

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