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, 5 December 2013

EURUSD

Shorts reduced by half, now net long, with remaining shorts gone by 1.3530 if get there. Shorts all back on again at 1.3520 if price does not reverse back up hill. The retracement I was looking for seems to have been a triangle and the whole movement down, a zigzag, but only if price moves back up again, If it does, look out for that monthly R1 at 1.3708.

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