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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
Bounce looking good so far; have put cover just under the London opening range high.
Perhaps for the day there Zink, but my bigger picture storyboard is calling for USDJPY triangle to bottom out in leg 'E'. Where that happens and whether it is the correct call is another matter of course. I am following this leg down now with my short cover, so hope to bank that nearer S3! We shall see.
only when NFP release will now the truly trend for this and usdjpy!
ReplyDeletePerhaps for the day there Zink, but my bigger picture storyboard is calling for USDJPY triangle to bottom out in leg 'E'. Where that happens and whether it is the correct call is another matter of course. I am following this leg down now with my short cover, so hope to bank that nearer S3! We shall see.
ReplyDeleteI hope you are rigth! Iam waitting for eurjpy break up 134! But usdjpy is not helpping!!Problems insise EUA is not helping too!
ReplyDeleteQuite right, EURUSD wont rise, USDJPY keeps falling.......but, just around the corner could be our solution.
ReplyDelete