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

I am covering my longs here at 1.3614 and taking a breather. Everything has gone according to plan, notwithstanding the slow start this week. Price is however almost at the conjunction of the 10, 40 & 80day flds. As, price had been hugging the 160day fld all week and these lesser order flds should and have been proven to be targets, but with the first meet and greet, I'd rather go flat here.
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