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, 22 January 2014

EURUSD - 80 day cycle

Here is my 80day Hurst timing model. The numbers relate to the 10day lows within the 80day cycle (8 of them) and the 'a-h' are the 8 interactions with the 20day FLD anticipated within that period - so 4 up and 4 down. As written before, I try to overlay an EW count over this too (being 8 steps in a full cycle) but this is not shown here. I am anticipating a 'cut' up to find 'e' but it is just possible that this occurred at the 4th 10day low and failed to get above the 20day FLD. if this is the case, then an ongoing drop to the 6th 10day low is possible on the 4th of February where the 20day low occurs. I hope not!
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