EUR/USD Daily Video, October 22, 2010

Sive Morten

Special Consultant to the FPA
Messages
18,559
Good morning,

Market still is in trading environment and has achieved 1.4040 area. Recent price action has pushed me to some ideas about butterflies...






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.
 
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I can not understand your words

Hi
I can not understand your words.
what u mean by "market still is in trading environment".
 
Hi
I can not understand your words.
what u mean by "market still is in trading environment".

It means that you do not have any solid and clear posession signal on a daily time frame and higher. Like we did in the beginning of the week.
So, market is suitable for intraday scalp trades, because on daily it has no clear direction...
 
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