FOREX PRO Weekly May 30- June 03, 2011

[freedomwealth]

Mr Sive thank you very much, I read your analysis every week and its amazing how things turn out in the market just like you anticipate.

 

[ReuTrader]

Great analysis as usual.

Thanks Sive.

Excellent as always. I placed a limit order for short term Long position on the EURUSD shortly before getting your take on the pair. Our overall targets are very close together and this is one of the first times I truely feel like I'm understanding completely the insights you are giving. It's also good that a second opinion matches. Whew!!!

Thanks again for the fantastic weekly/daily insights and for the trader's course your are putting together.

 

[Jyotiprakash Pal]

Hm, horizon line that you've marked for Goodbye kiss looks to me very minor. More significant is a upward trend that has been broken. Usually Kiss looks more clear with clear trend line.
Looks like that it's better to search some other context for enter.

Thanks you so much sir

 

[Sive Morten]

Greetings Sive, thanks once again for ur incisive analysis. pls i just stumbled upon DiNapoli indicator on my platform, would want to know the settings u recommend for me and their time frames. thanks once again for ur understanding.

Hi Akalou:
MACD: 8.3897;17.5185;9.0503
DOSC:1;7
Stoch:8;3;3

 

[Sive Morten]

Thanks Sive.

Excellent as always. I placed a limit order for short term Long position on the EURUSD shortly before getting your take on the pair. Our overall targets are very close together and this is one of the first times I truely feel like I'm understanding completely the insights you are giving. It's also good that a second opinion matches. Whew!!!

Thanks again for the fantastic weekly/daily insights and for the trader's course your are putting together.

I hope we will not be wrong both.

 

[Honored]

Thanks for the great analysis. I am so gald to have found this, luckily i was doing youtube search and found your video and it brought me here.

I am trying to go long around the weekly pivot area, as market usually kisses goodbye to this area and shoots out for a short term. However, different brokers are showing different weekly pivots. Two of them show 4202 and two more show 4192. yours in the video shows 4177 which i think is a little too far below. Fridays spike low was 4182 so i am thinking a higher low should be the low today.

Do you have any formula to calculate Weekly pivot ? i am just using an indi called ###Auto Pivot

 

[pragmatic]

pivot

Thanks for the great analysis. I am so gald to have found this, luckily i was doing youtube search and found your video and it brought me here.

I am trying to go long around the weekly pivot area, as market usually kisses goodbye to this area and shoots out for a short term. However, different brokers are showing different weekly pivots. Two of them show 4202 and two more show 4192. yours in the video shows 4177 which i think is a little too far below. Fridays spike low was 4182 so i am thinking a higher low should be the low today.

Do you have any formula to calculate Weekly pivot ? i am just using an indi called ###Auto Pivot

Hi Honored!
I see that you are new so I think of offering a quick help. Sive Morten is using futures chart. It is a difference in quotes, smaller or greater, depending on the expiry date of the contracts.
In spot market, my weekly pivot stands at 1.4202 also. It is (H+L+C)/3. There are also Fib pivots and Woody pivots. I do not know how to calculate them, but except for the S3 and R3 it is no great difference.
Happy trading!

 

[Sive Morten]

Thanks Pragmatic,
Also, guys, there are formulas in Glossary for calculation of classic pivots - point, support and resistance.
Concerning about the others - keep an eye to Forex Military School. There will be large material dedicated to Pivots. Here also you will know what are Woody, Camarilla and Fib pivots.

 

[mjunkyard]

Hi Sive;
Would you say that we're in the middle of a DRPO on the eur/usd on the daily?
Also, is there a fear that because of memorial day the market won't behave technically?
sincerely
mjunkyard

 

[akalou]

Hi Akalou:
MACD: 8.3897;17.5185;9.0503
DOSC:1;7
Stoch:8;3;3

thanks alot for all ur suport and understanding.