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 14 February 2014

EURUSD


It is the waiting that makes this job so tiring sometimes. Regardless, price continues to sip at the 80day FLD, hopefully for some energy! The 20day FLD is beckoning nearer the bottom of the 80day price envelope and I am sure the market would prefer to buy down there than up here. So, notwithstanding the grind higher, I only have eyes for something cheaper. Looking like an expanding diagonal on the 15 min chart, so a breach of that and a turn down in the trend band and I'll be happier.
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