EUR/USD Daily Video, June 03, 2011

[Sive Morten]

Good morning,
Although our weekly trade that we've tracked for almost whole month comes to an end. Still today we can think about scalp upward trade:




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.

 

[davedubai]

EUR break below hourly trendline

Dear Sive ,

Just observed that the EUR has broken below hourly trend line also the oversold area stands very near to the 1.4445 as Indicated by you in today's Video. I see even the KINJUN line at 1.4439 which is hourly support for the EUR. Also EUR is trading below 3 / 3 sma in hourly charts indicate a positive sign of bear bias up to 1.4440. in hours to come. If it fails to break above 1.4481 in next hour we shall get chance to enter at 1.4440. I would even wait with market to establish longs at 1.4425 if it breaks at 1.4440 in choppy market conditions of today.

 

[Sive Morten]

Dear Sive ,

Just observed that the EUR has broken below hourly trend line also the oversold area stands very near to the 1.4445 as Indicated by you in today's Video. I see even the KINJUN line at 1.4439 which is hourly support for the EUR. Also EUR is trading below 3 / 3 sma in hourly charts indicate a positive sign of bear bias up to 1.4440. in hours to come. If it fails to break above 1.4481 in next hour we shall get chance to enter at 1.4440. I would even wait with market to establish longs at 1.4425 if it breaks at 1.4440 in choppy market conditions of today.

Hi Dave,
may be you're right, let's see what will happen...
BTW, do not rely much on 3x3 as on trend or bias indicator. 3x3 is mostly for identification thrust, and directional patterns as B&B or DRPO.

 

[davedubai]

Hi Dave,
may be you're right, let's see what will happen...
BTW, do not rely much on 3x3 as on trend or bias indicator. 3x3 is mostly for identification thrust, and directional patterns as B&B or DRPO.

Dear Sive,

It did not happen before NFP but later after release it miss the target by few pips . It was as always a tricky trade. I could not enter at 1.4450 but went long once it bounced back to 1.45 ish and exited at 50 + pips as expected to reach atleast 1.4580. I am writing this just to let you know that your inputs are being used for making some real pips !

Thanks for your inputs on 3/3 . I have been reading few books on candle sticks and Ichimoku charts and once finished I would like to read Dnapoli's Book. Please indicate where the legitimate original book can be bought. Is there any software which is ethically programmed using Denapoli's Indicator? I shall be grateful if you can feedback on this as I will consider this information absolute ! Thanks again.

 

[iugochukwu]

Please where is the text edition of Sive Morten Weekly | EUR/USD, June 06-10, 2011?

Hi Sive,

Before now, I usually receive two links in my email one pointing to the video and the other to the text version of your EURUSD weekly analysis.

Presently, email notification contains only the link to the video version. I my not be able to access the video due to download speed limitations at my end.

Please help me with the URL of the text edition of your Weekly analysis and also, could you please make it part of your routine to give daily analysis as a text writeup also.

 

[Sive Morten]

Dear Sive,

It did not happen before NFP but later after release it miss the target by few pips . It was as always a tricky trade. I could not enter at 1.4450 but went long once it bounced back to 1.45 ish and exited at 50 + pips as expected to reach atleast 1.4580. I am writing this just to let you know that your inputs are being used for making some real pips !

Thanks for your inputs on 3/3 . I have been reading few books on candle sticks and Ichimoku charts and once finished I would like to read Dnapoli's Book. Please indicate where the legitimate original book can be bought. Is there any software which is ethically programmed using Denapoli's Indicator? I shall be grateful if you can feedback on this as I will consider this information absolute ! Thanks again.

Hi Dave,
As I know, if you will buy DiNapoli book as FPA member, you should get some discount. It's better to ask about it FPA representatives.
But, in general, this is a well-known book, you may find it anywhere,say, on Amazon.
Concerning about software, well, it will cost you money. To recognize which software has propriate DiNapoli tools pack - better to visit his official site/

Hi Sive,

Before now, I usually receive two links in my email one pointing to the video and the other to the text version of your EURUSD weekly analysis.

Presently, email notification contains only the link to the video version. I my not be able to access the video due to download speed limitations at my end.

Please help me with the URL of the text edition of your Weekly analysis and also, could you please make it part of your routine to give daily analysis as a text writeup also.

Hi Iugochukwu
Text versions are always in leading weekly thread. It starts from weekly research and then every day from Tue till Fri I add daily update.
Look at the topic of posts.