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.

Thursday, 14 November 2013

EURUSD

Let''s have a look at that 50 pip range study again.....I still can't see any significant downside with price action rolling along the Valid Trend Line of the FLD and the position of that momentum study and MMA wave formation (still bullish). As such, I am still leaning towards bullish EW counts and not holes in the floorboards. Again, this is a 50 pip range bar study - incorporates a lot of market thinking, it does!

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