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 & EURUSD

As this noise in the middle takes shape in the EURJPY, it does appear to be a 'b' wave expanding flat, leading to a likely flat correction of the drop from 134.935. As such, I am hoping for a push to the top bollys in conjunction with a drive up in EURUSD. Hopefully, one of them at least will telegraph the end of their respective moves so that longs can be banked and shorts unleashed. If NFP is coming out today, could be a volatile day - I just need to remember I am flat until I do something, so make sure the signal and pattern is clear!

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