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, 26 September 2013

EURJPY

Have banked some of my longs here at the backtest of the fibfan of the move down, the 50-61.8% retracement zone and into the Weekly Trend of the Daily Pivot. Breakout of diagonal worked well to upside yesterday but I have covered the remainder of my longs and edged short; I will see what the retest lower looks like to decide whether this was a 'b' leg up or the expected bull run higher.

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