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, 1 October 2013

EURJPY

Not a lot achieved this evening on this pair.  I am still going for the a 'b' wave up from the low this morning and now looking forward to the 'c' of 'c' to finish this retracement before the rise proper. This is a  lot more agreeable when you are heavily short, as I am at this stage, but  without going over everything going on in the chart, little is broken in the 'staying short' storyboard, although matters are a little strained at the moment. If there is no follow through to the upside, expect more downside is my opinion for now.

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)