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.

Sunday, 13 October 2013

EURUSD

Possible move up for a small degree 'abc' before descending into the 'c' wave to test whether that was a leading diagonal up or a 'b' wave down.  If all goes to plan, I'll lose my longs near 1.3568, then my shorts near 1.3494, and wait out the decision. Overall, I am working on this being a wave 4 retracement into an ongoing move up, so anything more powerful than we have been used to, and I'll have to think again.



Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)