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

All the management data is not working on the blog, so I cannot tell if anyone is reading and the posts are not getting to Twitter either. Not a very good day for IT but a very very good day for my analysis me thinks!!

Price has finally moved up through the Valid Trend Line above the weekly pivot and the monthly S1 - thank god as I was getting bored of telling everyone that wave 4 finishing was not the only story in town. I am looking for monthly Pivot above at the next VTL now, but appreciate it will be fighting the wave 4 crowd all the way until they give in and see it for something bigger. Either way, following the price action rather than laying the path seems to work better for me.


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