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 28 February 2014

EURUSD

I am ridden with flu this morning and will keep the post brief. Price bounced from the SMA confluence with the 20/40day FLDs yesterday and is now sat under the 5/10 & 80day FLDs having 'cut' the 160d.fld to the upside. I have moved my breakeven to just under the daily pivot, which has already been tested this morning, and hope for a breakout above. Targeting 1.3818 to 1.3850. As long as price stays above the orange 20day FLD, I am trying to stay long as the 80day cycle is still bullish.
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