GBP/USD Daily Video, December 28, 2010

[Sive Morten]

Good morning,
market is thin currently, so, I think, that intraday scalps is only way to trade it. Here is one of the issues:





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.

 

[vtombak]

Hi Sive and thanks for your analysis.
I would highly appreciate if you could share your view on AUD/USD. What happens with this pair looks weird for me. It didn't complete the H&S, now returned back to the all-time highs and seemingly wants to renew it. I just can't believe that the aussie is going to leave the parity in the past and climb higher and higher without retracement!

 

[Rizal Yatim]

a fan of your work

Dear Sive Morten,

i've been following your thread religiously now and making profit.. and i mean significant profits from your analysis.. thank you for that...

i wonder if you can share me on the methodology you use to determine the confluence area and also how to get those monthly, weekly daily etc, pivot point, support and resistance in your analysis.

if you have created a thread for my question above, please give me the link... i hope you may help me because i'm sure that this trading method of yours does suit my trading style...

i hope to hear from you...

regards,
rizal

 

[Sive Morten]

Dear Sive Morten,

i've been following your thread religiously now and making profit.. and i mean significant profits from your analysis.. thank you for that...

i wonder if you can share me on the methodology you use to determine the confluence area and also how to get those monthly, weekly daily etc, pivot point, support and resistance in your analysis.

if you have created a thread for my question above, please give me the link... i hope you may help me because i'm sure that this trading method of yours does suit my trading style...

i hope to hear from you...

regards,
rizal

Hi Rizal,
Concerning pivots - just look into Glossary in the root of my thread. There are some formulas for calculation.
About other stuff - I suggest you to read "Trading with DiNapoli levels" book.

 

[Eric Alyea]

1.31269

1.31269 spike and drop
opps
EURUSD