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, 5 June 2014

#EURUSD $EURUSD #trading

Well, so far, covering my longs at 1.3615 looks pretty good, but again, it could be an abc up and not a triangle. However, on the basis, it is a triangle in the 'iv', a target of 1.3530 looks about right if I use the spine of the triangle as the depth of the break from the LTL. If price gets down there, I'll be losing my shorts from 1.3560 downwards, or whatever I can get, if price spikes!!
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