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

Price seems to be playing by the plan for the day. Lots of stress in 'will it or won't it' land, I am sure, with regards that 1.3501 low - got to assume it will fall and move into my target zone. The basic plan is to wait for a spike below the brown Bollinger, or as close as it will go to that or the regression channel (1.3454), and release shorts on pull back through the green bands. Of course, in the heat of the moment, I'll probably just have to make do with what I can get!

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