I like it very much when Sive comes with these opportunities like AUD and JPy. Guys, this level of service you wont find anywhere else. Those who struggle with the market for many years know best.
Hi guys!
I think of the scenario that Sive is sharing, the one in which there will be a sell off in equities and gold too. This scenario assumes that Fed will announce the beginning of the end. No more money flow on the market.
But what if there will be no announcement of that kind, neither in...
VOB
Thank you for the response!
I gave a lot of thinking to this situation and I decided, at some point, to consider a VOB. The market was not so oversold since October 2008, so there are 200+ periods.
At the minimum 61.8 target there is also a 1.272 butterfly target, as it shows on intraday...
jpy
Thank you Mr. Morten for the analysis!
I am following this pair since you noticed the VOB on Weekly. I made quite good pips from shorting the pair. If I understand VOB correctly, the minimum target should be the 61.8 expansion. Also we could get Butterfly Buy.
HI georgeta... here i am posting the previous top B'fly
Yes, it looks nice.
I think that Sive is looking for the butterflies on the exhausting of the trend for statistical reasons. There is a difference between trading for profit and pure charting.
Anyway, this previous butterfly is quite...
Hi Lolly!
I don't think this is a butterfly, mostly because is on top and second because this is not a typical right wing action. The right wing should progress to the extension without such a significant retracement. As you can see, it almost erased the down move.
I think this is a Daily flag...
Fundamentals:
There are many annalists who think that there will be inflation in the US. I understand that the banks have large amount of USD in the FED reserve. They wont keep the dollars there for 0.25% a year, especially now when the US economy is improving. When that much money will hit the...
Fake breakout
It just crossed my mind this idea of the fake breakout of the megaphone. I thought I shared, maybe get an opinion. Of course it would be better if the price will close below WPS1. In this case we should enter short because there is the probability of the breakout to the downside...
If you care for my explanation here it is:
Stop Grabber is a signal invented by Joe DiNapoli and it presumes that market is trying to shift trend but fails and returns right back. It can be easily seen with the MACDP proprietary indicator (red line on the chart). Best type of SG, the one that...
Easter is a good time to enjoy all of your many meaningful blessings: family, friends, Jesus, and, of course, chocolate molded into tasty bunnies.
Happy Easter to Sive Morten and everybody who is orthodox faithful!
There are many among us who are just looking for the opportunity to trade. When the action is heating up, there is more attendance. After that, there is silence.
The problem with these guys is that they will never learn to find the opportunities themselves. There is much patience needed for...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.