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.

Wednesday, 2 October 2013

EURJPY

This has made a slight new high, so I will assume that I have got a whole 'abc' back down into the pink FLD trough, to ride my shorts. Approx 131.80 would be perfect, for another 50 pips or so.
Be even better if it did it slowly enough for the bollys to meet in the same place - see yellow circle for proposed confluence and back test of regression channel, from where price escaped. And to make it really perfect, a thrust down in USDJPY to reach the 100% a=c.


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