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.

Monday, 29 September 2014

#dax $dax

Not convinced it is a triangle with Friday's high being 1 pip higher than earlier in the day, but there may still be some more consolidation here to get across the regression channel. The further to the right it can get, the deeper the drop can be to reach the lower perimeter. Looking for the next overbought stoch on this 24pip ranger bar study to try shorts again.
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