EUR/USD Daily Video, June 23, 2011

[Sive Morten]

Good morning,
Market was able to hold bearish trend. You, guys, should already have a bearish position,but if you don't - here is how we could enter short today:



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.

 

[Minderfx]

Good work and perfectly explained. Thanks!

 

[Victoral]

question

Hello Sive, Thanks so much for your great analysis. Today u mention about a trader posting the butterfly on the forum. Could u please tell me or point the link for me? I wasnt able to find it. Thanks in advance.

 

[joe arausi]

Pls Help

Hello Sive

Well done to your guidance. Kindly recommend a broker with low forex spreads and ECN platform that has trailing stop loss option. I can't find one.

Many Thanks

Joe

 

[Sive Morten]

Hello Sive, Thanks so much for your great analysis. Today u mention about a trader posting the butterfly on the forum. Could u please tell me or point the link for me? I wasnt able to find it. Thanks in advance.

Hi Victoral,
Here is in the middle of the page, Georgeta's post with blue butterfly:

https://www.forexpeacearmy.com/fore...pro-weekly-june-20-24-2011-a-4.html#post66329

Hello Sive

Well done to your guidance. Kindly recommend a broker with low forex spreads and ECN platform that has trailing stop loss option. I can't find one.

Many Thanks

Joe

Hi Joe,
Unfortunately I can't, since I do not trade on spot FX.

 

[marco castro]

excelent analysis,great job

excelent analysis , great job

Good morning,
Market was able to hold bearish trend. You, guys, should already have a bearish position,but if you don't - here is how we could enter short today:



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.

 

[mike85233]

Daily / Red Line Indicator

Sive

What MA or indicator is the red line on your daily chart ?

Thanks

 

[Johnny2pips]

Well, that went well for some time then long green candles big time to throw me out.

 

[ArminM]

Sive

What MA or indicator is the red line on your daily chart ?

Thanks

I think it's Joe Dinapoli's MACD Predictor

 

[ArminM]

Well, that went well for some time then long green candles big time to throw me out.

I think it's gonna turn again....

Edit:
looks like retrace to 38.2 and consolidation from today's high to low

Edit 2:
OR NOT