USD/CHF Daily Video, January 21, 2011

[Sive Morten]

Good morning,
Market has confirmed 50% support on daily time frame by forming bullish engulfing pattern and Stop grabber. I think that it's safe enough to enter Long with nearest target at 0.9810 (extended weekly target 1.0080) and stops below the daily engulfing pattern.
It's difficult to say definitely right now, but, possibly 0.9580-0.9610 is nice area to Buy:



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.

 

[ronyboy]

Sive do you post in russian as well? for me a little difficult to understand?

 

[Sive Morten]

Sive do you post in russian as well? for me a little difficult to understand?

Guys, you think, that any FX trader/Analysist should be a polyglot also?
Once, some pal had asked me - can I talk at Farsi... Because he also can't clearly understand what I'm telling. Is it really my english so poor?


Check weekly thread - I post text version of video there as well.

 

[kloutt]

Sive Speaks

hello sive

your english is great ! i find your videos to be the highlight of my day. they are jam packed with tips and tricks from a real trader, trading a real market with a real system and with total commitment.

please keep up the good work because you are helping many of us to understand patterns in the chaos

I know i can never repay you for all the knowledge you have given to me and others but i can say this......if you ever travel to the USA and are on the east coast you are welcome to stay in my home.

peace and blessings

kloutt

 

[ReuTrader]

Great info and Good english

Good Morning Sive,

Great information and actionable advice. Your insights are a tuely valuable part of the trading day for many of the FPA members. I appreciate your insights and technical analysis greatly. I have learned so much about the personality and sentiment of the markets from your posts.

kloutt.... good job on expressing the view point that many have (especially me).

I've been watching this currency pair for a while now and was really unsure of where to enter the market. This post helps understand where and why to enter with good SL/TP advice.

Many PIPs to all,
Reutrader

 

[selenat28]

Sive,
you speak very good english and very understandable and I can undertsand you very well, I appreciate your analysis and looking forward to it everyday, your work has become part of my daily routine in my trading. Keep up with the good work!

Thank you and God bless!

 

[INVESTOR]

Thank you!

Sive, I'll never get tired of thanking you for everything you do for all of us.
I'm not an english native speaking person, but I can understand 100% of everything you say on your videos.

Please, keep 'em coming... and if sometime you wanna learn Spanish, I'm here for you as you are for me on the other side of the screen.

Gracias Amigo...!!! Dios Te Bendiga...!!!

Oh! Almost forget. Also, if you ever come to México, Cancun to be precise, you are ALWAYS more than welcome cause... Mi casa es tu casa...!!!

 

[avinashg]

Hi Sive...
I just started to learn about forex since few months... you are like a Godfather for me...
And about USD/CHF.. looks like it has completed its retracement and closed the week there... is it the time to enter long with stops at 0.9500 ?
Also, if you ever come to India, Hyderabad to be precise, you are ALWAYS more than welcome...

 

[ronyboy]

Sive, your English is very good. I just thought that you were posting in Russian as well because accent is east European (post USSR). I understand English well but not good in FX slang.
I am new to FX as well although I have burnt my self once on real account because did not know enough and changed my trading style.

thanks for posts
Ronyboy

 

[Sive Morten]

Thanks guys, it's really a pleasure to read so much invitations. I should think about world tour, I suppose

Sive, your English is very good. I just thought that you were posting in Russian as well because accent is east European (post USSR). I understand English well but not good in FX slang.
I am new to FX as well although I have burnt my self once on real account because did not know enough and changed my trading style.

thanks for posts
Ronyboy

Hi, Rony
Sorry if I hurt you somehow with my post. I didn't want it, I just recalled this event with Farsi, and it appeared funny to me.