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.
Sunday, December 20, 2009
Take a short position
Looks like the pair created a small first wave down of over 50 pips. Get in short and ride it to at least 1.6043
No comments:
Post a Comment