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.

Wednesday, 13 November 2013

EURUSD

Can not seem to upload charts now. Might be off line for a bit if this continues.

Taken a good chunk of the week but price finally approaching weekly pivot R1. This is also the 38.2% retracement zone of the drop.  MACD on 50 pip range bar study suggest this is a wave 4 now coming into land, although could just be 'A' wave of that as only taken under half time it took to drop from the top. Shorting into 1.3500 and see what we get.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)