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 24 October 2014

#dax $dax

Banked the shorts from last night and now hoping for that rise into the 9150 zone. This is the count I am focusing on with a diagonal formation coming to a conclusion. As I have said repeatedly this week (if only to remind myself), notwithstanding that huge volume spike off 8351, I am not wedded to this being a wave 4 up or a wave A. As long as price falls again, I'll be short and depending on where the price stops, will determine the count. What I don't want to be is long when it tumbles, but not too short too early!

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