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

Well that worked! Worth bearing in mind that although the 134.00 level provides an a=c equivalence target for a 'c' of 'B' up as per my last post, the retracement down to the 100% level at 131.66 maybe all that we get in that direction for a while. That is to say, that the actual 'e' leg maybe on of course and the current regression channel UTL sits in the 136 area for now. So, any zoom, zoom, zoom and perhaps banking the 134 maybe premature!! Just a couple of sizeable FLDs to deal with first though!
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)