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, 23 October 2013

EURUSD

I am getting the distinct feeling that this is working up to a 5th wave in a diagonal. However, if so, 4th waves have to make it down into wave 1 which means approx 1.3700. Should be able to tell if it is a 4th wave down by then from the PA. In any event, I am short still, having reworked the entries after yesterday's successful pre-NFP cover, and am aiming for the red weekly FLD for now.

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