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.

Tuesday, 12 November 2013

EURUSD

No break out yet then and more significantly, the triangle shown on the attached chart, is looking more and more like a set up for another decline to that 1.3165 target discussed in the weekend report. This could be as a 4th wave or a 'b' wave here but I am not guessing it and will just let it unfold: I am flat again under yesterday's daily pivot which is getting close now but hope for a second wind up this morning. We shall see.

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