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 19 November 2014

#dax $dax

Nice bounce, but treading water into the 8.00pm GMT FOMC now, compared to the initial drop. Have gone flat and looking for 2nd leg down into 9325-9350 zone, where the rolling daily low and 50% retracement line sits. Goal is to release shorts down there and go long, but if price does make a new high first, I'll release longs instead.
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