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.

Monday 25 November 2013

EURUSD

Just back from lecture. 12pip range bar study shows MMA wave in bullish mode after a pull back. The momentum study is oversold in short term. Price is at daily and weekly pivot. Keep it simple this morning: following a slightly higher high on short term chart at 1.35196, I am dropping shorts with stop below that 1.3506 low. If price breaks above the daily pivot, I'd like to see that weekly R1 and monthly pivot hit above.
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