Very nice response to the oversold hourly stochs! I have banked all net longs and gone flat into ECB at 1.30pm GMT. In a perfect world, this move up will be a 'b' wave and another drop down comes first before the rise up - something to reset my stochs here. Catch up later but no net gain for me whichever way at the moment.
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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.
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