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.

Monday 16 December 2013

EURUSD

The daily chart still looks good for the contracting diagonal overall in leg E of C. The cyclic phasing appears to be biting now though. So expecting this move down to be part of a 'b' leg in 'E' to reset the momentum studies in the sub chart. If we are at that degree, It would not be wise to fight the tide if it gets going.
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