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 27 November 2013

EURUSD

Looks like an expander. Have moved net long on this pull back with possible 100 pips available here. Leg 5 in an expanding diagonal should be greater than leg 3. Equivalency gets to 1.3650 and the 'a-c'='c-e' of the bigger diagonal up from 1.3294 comes in at 1.3682. So, 1.3650 to 1.3682 is my goal to loose shorts again.
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