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, 10 October 2013

EURUSD

Well, the stop got taken for BE but has let me in lower now. I am just scalping northbound into what I still think is the 4th wave but hopefully the 'c' leg. Back of my mind is that deep wave 2 on Tuesday and the rule of alternation. Might just be a triangle for the 4th, which would suit the range trading a bit better than hanging in there long.If we are in the 5th, I am still going to buy into weakness given the momentum study at the moment.

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