EUR/USD Daily Video, February 28, 2011

[Sive Morten]

Hello,

Guys, I understand that you were missing our EUR/USD discussion, so here it is as promised:



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]

For sure I was, Sive !!

 

[auna]

Thanks Mr Morten. god bless for the insight .where would we be without your invaluable info. Thanks for refocusing back to Eur Usd. Although your analysis from the previous week still held water for last week, i guess we were at a loss as to how high the Eur USd would go since last week was not a normal context trading but with your reassuring advice, i think we have some sound action to take a certain key levels.

 

[ALF]

Hello,

Guys, I understand that you were missing our EUR/USD discussion, so here it is as promised:

Hi Sive,

Is there any change in your view/indicators for the hourly trent being bearish?

Thanks.

 

[Sive Morten]

Hello,

Guys, I understand that you were missing our EUR/USD discussion, so here it is as promised:

Hi Sive,

Is there any change in your view/indicators for the hourly trent being bearish?

Thanks.

Hi Alf.
Hourly trend now is bullish, based on MACD. So, you have no context to enter short from trend perspectives.

 

[DFW]

Welcome back to the EUR/USD..missed you...

Nice way to start...you nailed the bull move

got in at 1.3720 Sunday eve and set a stop limit at 1.3820 (I know the target was 1.3883 but why be greedy)

woke up with a 100 pips !!

Thanks

Pat

 

[Sazu]

What do you look for in a pair?

Greetings Sive, I would like to thank you for sharing your expertise with all of us. Great work!

If I may be so bold and ask you, Do you have a process for selecting the currencies to trade and if so what is it that you look for?

Last question, do you conduct any live educational sessions?

Best Regards,
Skype Sazu2000

 

[Carlos Negron Montoya]

Thank you so much Sive,

I've got a question: I trade with 15-minute chart on almost every USD-related pair (every pair involving USD). Does your "intra-day" analysis apply for 15-minute charts? This is because I trade between 08:30 AM and 12:00 (NY time) only: just 3-4 hours. I open trades for EURUSD, GBPUSD, USDCHF, USDCAD, AUDUSD (thank you so much for last week's advice), etc.
I saw your AUDUSD posts last week on Thursday and I had nice experiences.
But, I only plan to trade on Tuesdays, Wednesdays and Thursdays. On Mondays and Fridays I find the market kinda undefined.
What advice can you give me in all the said matters? Do your analysis apply for 15-minute charts? Or it's recommendable to use higher charts?

 

[Sive Morten]

Greetings Sive, I would like to thank you for sharing your expertise with all of us. Great work!

If I may be so bold and ask you, Do you have a process for selecting the currencies to trade and if so what is it that you look for?

Last question, do you conduct any live educational sessions?

Best Regards,
Skype Sazu2000

Hi, Sazu
In the root thread I've posted the real-time video with application of my usual phrases...

Thank you so much Sive,

I've got a question: I trade with 15-minute chart on almost every USD-related pair (every pair involving USD). Does your "intra-day" analysis apply for 15-minute charts? This is because I trade between 08:30 AM and 12:00 (NY time) only: just 3-4 hours. I open trades for EURUSD, GBPUSD, USDCHF, USDCAD, AUDUSD (thank you so much for last week's advice), etc.
I saw your AUDUSD posts last week on Thursday and I had nice experiences.
But, I only plan to trade on Tuesdays, Wednesdays and Thursdays. On Mondays and Fridays I find the market kinda undefined.
What advice can you give me in all the said matters? Do your analysis apply for 15-minute charts? Or it's recommendable to use higher charts?

Well, the method itself fully suitable even for 15-min charts.
But I do not prepare so short-term analysis, because most people will not be able to use it in time. THat's why I try to not make an analysis lower than for hourly chart.

 

[Carlos Negron Montoya]

More questions

Thanks so much Sive,

My plan is to have a 200% monthly profit performing 5 or 6 operations daily, for 3 days a week, and withdrawing 30% every month. Is this too idealistic? Any advice plz?