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.

Monday, 7 October 2013

Dow Jones $ indu & EURJPY

Just like EURJPY, the Dow is approaching the FLD on the daily pivot moving average and although oversold on the momentum study, is showing no signs of going up as of yet. I am flat on both this and EURJPY until I can see some clear guidance as to what is happening, although both are in the lower portions of their price envelopes and a strike down would be a useful set up to go long again.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)