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, 12 December 2013

EURUSD

 So today looks like the day when the bears from 1.3831 have to concede their counts are wrong, or I will be. I could post plenty of charts showing how price is at the break out point right now at the weekly level, but this daily version of the Pyrapoint study from 1.20411, seems to be quite clear as to progress. Stay above 1.3792 and we should get 1.3900, but my count still has this in wave 3, so maybe straight through the angle and up to the top of the next box at 1.4098. We shall see.

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