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.

Tuesday, 24 September 2013

EURJPY

A retest of yesterday's low dominated Asian markets until 6am and then the daily FLD cloud finally broke to the upside. This has left the 1-2week Daily Pivot Average firmly in tact with price angling for a test of the fibfan above, now at R2 equivalent today, and we shall then see what is in store for the rest of the week. Obviously, I would prefer a clean cut but the line will be fine too.

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