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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, 28 January 2014

EURUSD


Got positive divergence going into the LTL of that diagonal, the median of the 10 day regression channel and the LTL of the 5 day regression channel. It is also the bottom of the 10 day price envelope, has hit the 20day FLD and 5day FLD as well as the LTL of the regression channel up from 1.3506. All in all, not a bad place to attemp to lose shorts here and ride a bump up to 1.3745.
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