Well, not surprisingly, I have been banking a lot of my shorts. I have covered the rest to go flat at 1.3818 and will reassess after a retracement back to the 80day trend line, now left behind at 1.3888. It was a little slow to turn around but very rewarding regardless. Readers might want to run back through the run of posts over the last week to see how the whole story unravelled.
Please make sure you have read my disclaimer! This is a personal journey into self-tutoring in technical analysis. Did you read that Disclaimer yet?
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.
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