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, 28 November 2013

EURUSD: last count for the day

Bit of a tidy of the coiling structure. I make it up in an extension from here, so will know quite quickly in Asia if right or wrong me thinks. I have been looking at all my studies and I am still finding it difficult to find any medium term bearish pictures to print. I expect a retracement after this high is in and as a reaction to the whole move from 1.3294, it will probably be emotive, but I wonder how many traders have hung on short from there and might be caught short if the retracement is not as deep as expected. Just musing.....

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