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, 21 January 2014

EURUSD

Weekly MMA held bullish overnight, absorbing the 50% retracement thus far and the daily pivot too. A push through yesterday's highs should signify intent to test the trend line above and in the process put pressure on both the 20day trend & FLD in the 2nd chart. Shorts off for now with cover back under the pivot - lets see where we go.


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