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 18 December 2013

EURUSD

Could be a triangle as discussed earlier but I am looking for other explanations. The move this morning has me flat again, looking to lose longs higher up and then a proper decline. This count suggests we may get 'c' of 'B' up on FOMC and then the decline. The rise into that 1.3809-1.3831 zone would work perfect as an expanded flat, dividing the two prices and pushing nerves out a bit more. Anything persistent will confirm the triangle but I am looking for up then down.

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