Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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, 29 January 2014
EURUSD
Glad I went to bed last night! Any enthusiasm for a major strike up is waning on my part with that next 10 day low due early next week. My plan for the day is to bank any 50+ pip move in towards 1.3745 today and be grateful, to end a great January, and take a few days off. The pathway remains the same, although whether this move down is a leading (A wave of expanded flat?) or contracting diagonal (wave 4 or 'b') I am undecided and thus keen to bank and sit on my hands. Catch up later.
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