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.

Thursday, 9 October 2014

#dax $dax

The 12 pip range bar study is rolling over as discussed this morning - it has to in order for the 50% retracement zones to be reached. Although I am following it down, if it rolls back up from there with the 24 pip MyWave still bullish, there should be a good chance of picking up a 'c' wave. Will bank shorts into the daily pivot near 9050-60 and see what happens from there.
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