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 20 June 2014

#Eurusd $eurusd #Trading #elliott wave

If the diagonal holds, price should either be in wave iv still or already in wave v - a poke out of the top trend line is the usual flame out, to watch for a reversal. The resultant drop out of this will either be a retracement or the next leg down. I do not mind which it will be, but intend to be short into it.
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