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.

Monday, 7 October 2013

USDJPY

Following on from the Dow Jones theme, price has still not escaped that contracting diagonal in the 60min chart, but look at the FLD peak above at 100.00. That is the top of the current price envelope, so will be interesting to see whether we are in a bullish triangle or not when the time comes....my weekend report suggest alternatives. Either way, up would be great for my EURJPY longs!

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