Thank you for the feedback… I understand and appreciate your explanation, but it doesn't explain why movements in favor or against USD for instance, DO typically directly correlate with a positive or negative NFP report by-in-large. If it were as you describe, then NFP numbers would ALWAYS be a...
Sive,
Can you please explain to me WHY, in today's and last month's BETTER than expected NFP reports, did the EUR/USD jump versus decline on strong USD data?
Yes- in the video, you illustrate "B" (shown at 4:50), as the Brexit bottom and "C" was the mid Aug highs. This would put the 61.8 right at the same 100% ext you note here. No criticism, just didn't want any newbies to get confused!
Price action since Sive's video today shows a nice 161.8 Bearish Crab ext.
I am now short looking for .6875 retrace.
5/8/16 - 11a NYT - NZD/USD - 30m Chart - Short at 161.8 Ext.
Just a quick note of thanks for the detailed analysis and spot-on trade setups on GBP/USD, NZD/USD, USD/CAD, and AUD/USD.
I played the dollar strength on ALL these pairs this morning after weeks of waiting for the right setups and I am happy to say they are some of the best I've made in some...
Triantus- Though I don't post very often, I am an avid, daily follower of Sive's info and appreciate all you do to promote and make this forum better. With that, if you would be kind enough to do so, please add me to your email list to receive the 2 MQ4 files for the MT4 MACD Predictor of which...
Love your stuff, Sive... truly brilliant...
Here's my take off the hourly chart:
Multiple Fib Confluence including a 61.8, 38.2 and 100% Expansion.
Looking for the eventual move to 1.3700 to set-up for a long position. Good luck! Thanks!
InformedTrades - DREBG's Forex Blog...
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