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, 13 November 2014

#dax $dax

Bit short of my target but I have banked my shorts here and will see if get a retrace or something bigger uphill. Long way down today with out a pull back, so happier banked, especially given the ongoing bullish outlook on the 4hr chart. I had left the pink 'b' count open earlier in the week, as it did look too short then, but not so now, given the placement of the stochs and cycles. Probably prefer to find a long position from here-on-in than try any more shorts.

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