Euro FX Daily Video, August 19, 2010

[Sive Morten]

Good morning,

Yesterday market has tried to show some signs of strength, but failed. It hasn't reached weekly pivot and even 61.8% expansion from ABC swing

Now I have a bearish bias at the market, and think that we can enter short from 1.2860-1.2870 area with stops above 1.2940. Because I suspect that daily down move should continue and target of this move - 1.2450. The risk/reward ratio is very attractive.

Watch video for details


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.

 

[M.Nazri]

Thank you Sir Sive

Thank you sir Sive with your analysis......keep up good work sir....
i,ready to sell a EURUSD pair at this momment


now sir....the EURUSD pair like a TWISTER go up.....i do not enter....i wait to see in the highest where market stop....what's your oppinion sir?? can i go sell after market reach the HIGHEST HIGH?

 

[Sive Morten]

Thank you sir Sive with your analysis......keep up good work sir....
i,ready to sell a EURUSD pair at this momment


now sir....the EURUSD pair like a TWISTER go up.....i do not enter....i wait to see in the highest where market stop....what's your oppinion sir?? can i go sell after market reach the HIGHEST HIGH?

Well, one of the safest ways to enter - wait for move starting that you've expected, and then enter on a retracement. You do not see any signs then better step out, as you did.

 

[Gorgy1tin]

?

Hello Mr Sive,
i like ur analysis, but pls how can use it on BetOnMarkets - Profit from your Predictions

George.

 

[kingbrat]

Hello Mr. Sive
What do you suggest now after bouncing up and down around the 1.2880. can we start selling the Euro ? or we wait for more Up ?
Well I just sold 1 Million Euro and i fixed loss at 1.2960 to 1.2980. what do you suggest ? is it good step ?
Thanks in advance. you openion is very important and we trust you....

 

[kingbrat]

Hello Mr. Sive
What do you suggest now after bouncing up and down around the 1.2880. can we start selling the Euro ? or we wait for more Up ?
Well I just sold 1 Million Euro and i fixed loss at 1.2960 to 1.2980. what do you suggest ? is it good step ?
Thanks in advance. you openion is very important and we trust you....

Dear sive it reached the1.28 now is it showing resistance ? what is the next step /?

 

[wgold2]

Looking at 1 and 4Hour chart there is strong resistance around 1.2935 for me, that is where my stop loss is set

 

[kingbrat]

Looking at 1 and 4Hour chart there is strong resistance around 1.2935 for me, that is where my stop loss is set

yes that is abvious. but can we see 400 pips ?

 

[mvagusta]

Hi Sive, took your advice and got in at 1.2872. What a ride down it was.

I'm now hoping the americans and japanese do what they have done for the past 2 days and take it down further.

 

[spak3060]

Thank you

Hi Dear Sive

Thanks a lot for your comment. I've got 50 pips in first step of your predict, and will go on the rest. I'll try to go out at support levels and enter in the start of down trends, at a good positions, again.
But I can not recieve your video analyses yet, would you present it as Henry Liu's video system? Thank you again more n more.

Yours Sincerely

Spak3060