This blog is dedicated to my analysis of the GBPUSD currency pair. My primary analysis tool is Elliott wave theory in combination with a proprietary moving average (Jurik JMA) and a custom MACD setting. I make updates as warranted. IMPORTANT NOTE: I use a dot in front of the number or letter to denote the character is in a circle, per correct wave notation.
Wednesday, December 30, 2009
Alt Count
It is also possible that the pop long we are getting right now is the finishing fifth of the long move from this morning. If that is the case we will move into the short corrective now. It will probably last all night if not all day tomorrow as well. End of the year and all. Im going to bed. I'll sort it out in the morning.
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