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.
Thursday, January 7, 2010
Retrace Over?
If it breaks 1.5920 I recommend getting in short and holding till 1.5615. I'll try and post a chart later tonight. Gotta go eat dinner.
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