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, 7 February 2014

EURUSD

That's me done for the week; have covered the longs at the same price as I covered them yesterday, so very profitable in the end with the shorts banked this morning. Price is just sat under that clump of FLDs and the momentum studies are all looking tired to the upside. I am lecturing all day Monday, so hopefully some downside action to tie up with topping time on the Cyclic Phasing. I reckon the 7th x 10 day cycle top is due on the 10th, with the resultant low on the 17th, so no rush to do anything me thinks for now. Flat in to the weekend.


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