EUR/USD Daily Video, November 20, 2017

[Sive Morten]

Good morning,

Today we talk on possible surprises in the beginning of the week:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Shranky]

Hi, thanks for your good work, Sive!

If i took short pos already, should i close it, or hope to hit target, marked last friday.?
Now its in the break even.
Or take long, with hope to hit butterfly?

 

[ward133]

Mr sive .. you were so excellent during last week as always

i had a good profit on euro , yen and pound as well .. it works so perfect ..

really thx a lot

 

[Sive Morten]

Hi, thanks for your good work, Sive!

If i took short pos already, should i close it, or hope to hit target, marked last friday.?
Now its in the break even.
Or take long, with hope to hit butterfly?

Hi buddy,
well I also had shorts on Friday but they were closed on breakeven by sleeping order.
As you still have it - take a look how market will open. If our suggestion will be wrong and EUR will drop - keep it. Think about moving stops to b/e when it will be possible.
If price will open somewhere around current level - may be it makes sense to close it.

 

[Shranky]

Hi buddy,
well I also had shorts on Friday but they were closed on breakeven by sleeping order.
As you still have it - take a look how market will open. If our suggestion will be wrong and EUR will drop - keep it. Think about moving stops to b/e when it will be possible.
If price will open somewhere around current level - may be it makes sense to close it.

Fridays target achieved, Tokyo worked well
So now we are going long, to form shoulder of reversed HS.

 

[olaaka carlos]

Sive, fridays analysis has really worked out accordingly. I presume the earlier analysis is still play? With upside favored?

 

[Sive Morten]

Sive, fridays analysis has really worked out accordingly. I presume the earlier analysis is still play? With upside favored?

Yes. In weekend we had the only concern about retracement down - how it will be with or without butterfly. Bundestag said - "without" butterfly
But upside reversal step is valid anyway as it should come (and coming right now) after retracement been completed.

 

[ward133]

Mr sive you are marvelous

Buy euro from around 1.1720 .. i imagine where the target could reach ?

 

[Shranky]

Mr sive you are marvelous

Buy euro from around 1.1720 .. i imagine where the target could reach ?

Min 1.18509 if i got it right.
After that we should search for opportunity to sell good.

 

[olaaka carlos]

Is EURUSD going to test 1.17686 before another leg up? Sive