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


You can tell when your count does not agree with the majority as my blog reads for the day drops through the floor- interesting!! Anyhow, the break of the VTL from the top on Monday has held and now the next one above sits at the 100% of 'a+c' at 1.3471. If it can take that out and the weekly Pivot R1 at 1.3508, then I think we should see the Monthly Pivot zone near 1.3600. This is at the upper perimeter of my price envelope and the next VTL above 1.3419.
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