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 March 2014

EURUSD

Well, so far, so good. There is negative divergence on the 40day momentum cycle (brown - sub chart) and price is in the daily bollys and pushing the white dashed trend line. I am looking for the drop into the 40 day low to set in at some point and from up here is where I wanted to be short. So, I have got everything I wanted but it is only any good, if prices start their march down hill, although the end of the month is the due low, so I won't be banking too early if she starts out in earnest.

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