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, 19 June 2014

#Eurusd $eurusd #Trading #elliott wave

Well, if it is not going to go down, perhaps a larger flat is in the offing. I have covered my shorts and will look for the 50-61.8% of the drop to be reached, and also the 127%-162% extension of 'a' of the flat. Ping pong! If it just goes down as per my original plan, I'll hold on to the cover until price is in the 1.3400 zone and try my luck there instead.
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