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.

Tuesday, 14 January 2014

EURUSD: square root progression

Dropped steps down to 5.625 degrees given tight price action. 1.3671 currently holding, may release move to 1.3744 as suggested earlier. This will be right in the 50-61.8% retracement zone from 1.3892 and the weekly R1/R2 & Monthly Pivot lines too. Hoping for spike up to lose longs.

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)