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.

Thursday, 17 October 2013

EURUSD: Cyclic Phasing

Reference to momentum study at bottom suggests the next 14trading day low is not yet in and not due till towards the end of the month. The study also supports my 'expanded flat' thesis as I would expect to see nesting at the lower end of the sub chart. Gold circles & dashed lines mark out the likely pattern. Would like to see a sharp drop in confirmation.....please.

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