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, 17 January 2014

EURUSD

Other workloads starting to bite, so not so many posts from now on.

The bounce yesterday was not quite what I was hoping for and wonder if the annual pivot is pulling as I suspected it might. A possible contracting diagonal into that zone may be occurring and it fits with the lower 'D' leg as discussed over the weekend. In addition, the 200day sma would be in the same zone if matters drop slow enough - sound familiar? Unless anything zippy to the upside occurs, at least to break that UTL in orange, I'll be following this down.


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