After the success of this morning's drive down, this afternoon has not been quite as thrilling. I have managed to get ahead on my longs by a few pips but price action is still not leaving me enough room to rest on my stops and the wave counts are somewhat stretched!. So I have set the stop at breakeven just under the US opening range high and am walking away. Take the stop or give me a reward, but I am off for the evening.
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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.
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