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.

Friday 29 August 2014

$dax #dax

The opening price of 9490 was rejected again, providing another shorting opportunity. The prior low was taken out and now I have yesterday's low at 9415 as an initial target and then the 9386, back the 38.2% back from 9042. If that is passed, then bottom of my next circle is 9340. Am already at breakeven with stops, so probably let this run to the close.
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