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.

Wednesday 21 May 2014

#EURUSD $EURUSD #Trading #elliottwave

Well, not quite according to plan. The choppy, overlapping price action continues to look like a diagonal, albeit a contracting one on the 15min chart. Looking for a new low tomorrow, before this finally turns up. Covered longs here at 1.3685 and hoping for a pump down to release lower. Still looking to be long, but been tough love all week for me.
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