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.

Friday, 6 December 2013

EURUSD

I have covered my shorts here at 1.3656, so flat going into NFP. Hoping for a spike higher to reach those parts that could really do with reaching, especially around the 1.3740 area where the 45 degree angle is on that daily Gann chart, I posted earlier. Probably tempting fate but it has been a great week so far and I do not want to be on the wrong side of a 100 pip spiker naked. Let's see how this plays out. In a perfect world, I'll be out of longs near 1.3740 and short into 1.3503. Here is a bigger expanding diagonal in the 5th to contemplate.

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