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.

Friday 27 September 2013

EURJPY

So, no surprise this has got itself stuck then. EURUSD rise this morning is counteracting USDJPY's fall. But, the price action is under key support, that it spent the lat two days getting to. So I am hopeful, that the EURUSD count will prevail and that it is a 'b' wave and not wave 5 up. If it is wave 5 up, and EURJPY can ride it out ranging, then I'll still get my drop to the bottom of the regression channel off the 134.935 high.

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