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, 8 May 2014

#EURUSD

All shorts closed and longs topped up at 1.3860. I have put my cover at 1.3830, below the weekly pivot. I am naked long from here: I have not put the EW count on this weekly price range, but I just wonder if this has been a 'b' wave down rather than a trend change. Worth a punt, even if I just get a retracement to yesterday's low or the daily pivot.
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