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.

Thursday, 30 January 2014

EURUSD

That is a direct hit on the 10day FLD, a weekend and a day early for the 10 day low. Even if the FLD gives way, it has a peak now back at 1.3680, so expect price to make for that. Been a bit too deep for my liking and has kept tracking down, but until that 1.3506 goes, I am looking to stay long in case this still turns out to be a 'b' wave down as per last count.

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