EUR/USD Daily Video, October 22, 2012

[Sive Morten]

Good morning,
in medium term perspective as bullish as bearish development still have chances to materialize by specific patterns. Fortunately, market now stands at such level, that could help us early undertand what direction will prevail:


http://images.forexpeacearmy.com/Weekly/EUR_USD_22_10_12.swf



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.

 

[FreddyFX]

Trying to find the printed version.

 

[marc123]

thank you .

 

[FreddyFX]

Sive.

Can you explain next time a bit the difference between a retracement and a reversal??

 

[pardus]

Sive.

Can you explain next time a bit the difference between a retracement and a reversal??

FreddyFX, I think this type of questions do not belong here.
You can find a very good explanation about retracement/reversal here: Retracement or Reversal? | Market Environment | Learn Forex Trading
or in FPA Military School: Forex Military School | Complete Forex Education by a Pro Banker - Forex Peace Army Forum

Please, don't get me wrong but this is a basic knowledge.