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: volume drop

Could be the Thanksgiving of course, but the move up into the ending diagonal is being accompanied by a drop in volume and MACD divergence here on the 24 pip range bar chart. If my short term count is correct, we should have another leg up. If volume stays under water, I'll be banking those longs before they get wet too.

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