Re-covered longs again on bounce up to near prior high. Anticipate this being a 'b' wave in an 'abc' correction of that spike up this morning, so 'c' to come to the downside. Even if it isn't, that would mean there was still a whole retracement process to go through, so happy to cover again and see if I can get me some more pips. Been a fabulous couple of days rolling this strategy over and over whilst keeping the longs in the background, just in case of the bog one coming in.
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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.

eurjpy up...usdjpy down or stoped...and at 8:30 pm Bernarke will talk!!
ReplyDeleteis dangerous....iam out waitting for that news!
usdjpy its seems is making a hammer.....let´s pray it now!!
ReplyDelete