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, 12 June 2014

#eurusd $eurusd #trading

The time it has taken for this leg down from last week's spike high, and the lack of thrust to the upside, suggests price wants to have another go at that 1.3501 zone. I have added a count this morning that would provide a bounce off the bollys, which are now flattening off and would provide a controlled long entry. Have covered yet again, moving net short into that assumed drop to release long in due course.

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