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.

Wednesday, 15 October 2014

#dax $dax

Nice bounce but is it just a 'b' wave? I have marked out the extensions for another push lower on the hourly chart here, but won't know until that low is tested. The plan will be to short into that test and bank as close as I can with cover under the low to go flat again into the extension. At least it is moving!
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