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, 7 March 2014

EURUSD

Not a lot of change since yesterday evening, but I am favoring an attempt to return to the 1.3745 grid line, where the 20day SMA meets the 5, 10day & 20day FLDs. At some point, the 40day low due at the end of the month will soften prices and I want to be banking shorts all the way into that. I'll reassess the pathway when that 8hr momentum study is oversold.
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