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 15 July 2014

#GBPJPY $GBPJPY #Trading

4hr trend line is still in bearish formation, with the daily looking very toppy. A pull back to the 50% retracement zone on the 4hr has me short here with the 50% retracement area as initial target on the daily - a lot of pips, as long as the top holds!!

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