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, 30 October 2014

#dax $dax

Been at the Dr Who convention in Cardiff with my boys today, so a little late in writing up. Third time up at the 50% retracement, and for me, time is running out for this move. The brown line coming down from above in this study is the rolling 1000 high of the 24 pip range bar. The lighter brown line below that is falling is the median of the high-low range for the same 1000 bars. Price is at the median line of the regression channel up from 8351 and looking punch drunk on both the ADX & cycle indicator. I am looking for shorts.
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1 comment:

  1. Anonymous30 October 2014 at 21:08

    Interesting, time consuming job, there is love on every project we decide to complete in LIFE, do well my friend, rewards always come after hard work!

    Nice site!
    luckypete

    ReplyDelete

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