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.

Friday 5 December 2014

#dax $dax

I will not be able to post until this afternoon due to meetings, but overnight price action has been flat. Going into the Asian session saw price pulling back from the reaction high with the daily price band still red. A retest of yesterday's low or even a marginal new low (which is also the rolling weekly low price too) would provide an opportunity for lower risk longs.
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