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 25 June 2014

#Eurusd $eurusd #Trading

Trying shorts this morning, with cover above 1.3630. Looks like a 'b' wave stab yesterday back up, so keeping with the retracement theme back to test the 1.3501-1.3546 zone, as per last night's post. That is where I would like to buy, assuming a turn up occurs, so I am hoping the market agrees and gives me both side of this next 50 plus pips. Of note is the weekly regression channel (pink), which has started flattening off now, given the lack of upside progression - I'll target the bottom perimeter for my shorts, looking for an ending pattern near there.
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