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.

Tuesday, 24 June 2014

#Eurusd $eurusd #Trading

This current leg up has almost reached 127% extension of the internal 'abc' count as shown. It could be a triangle building; it could be the 'a-b' down completing from 1.3642; or something else. However, the move looks laboured and fits into a retracement storyboard thus far, better than a trend change; the 'rsi' seems to concur. I have banked longs and moved short, with cover above that 1.3642 high.
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