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.

Monday 8 December 2014

#dax $dax

Price getting closer to the retracement zone discussed earlier. Looking to long out of this when reversal kicks in. The current 50% line for today (not shown) is 10049, so above there and when the 5 min stochs are oversold, should be a reasonably elegant entry or top up.

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