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, 6 February 2014

EURUSD

Just had the 10day/20day MAs cross up with the 2hr momentum study at half mast. The break up in the 60 minute chart posted this morning already, should coincide with this one moving up too and pushing the MAs higher. It is the consolidation, or otherwise, that will tell us what the bigger picture is really doing, but for now, that is the 5,10 & 20 day trends all turned bullish on my charts, coming off Monday's 20 day cyclic phasing low, albeit using up valuable energy in drifting like this.
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