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 26 February 2014

EURUSD

With the 20 & 40 day FLDs pretty well backtested, any trip back north through the 160day FLD, will leave the 80day FLD with all the permissions it needs to progress uphill - see last post. This is the count I am running with for a longer 'e' leg in my 'B' diagonal and likely to follow a contracting diagonal into the close. May as work it right up to the 1.3892 high, but will be flat well before that!!

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)