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, 12 September 2014

$dax #dax

Price not running away and waiting for the next overbought position on the hourly looks a reasonable play. Note the 'diagonal' formation on the stochs and RSi - potential 'b' wave building here and looking for lower highs to hold. Possible short entry for US session later, but for now, sitting on hands.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)