EUR/USD Daily Video, August 04, 2011

[Sive Morten]

Good morning,
so market has done well - reached our 1.4350 target and turned to downside again.
Major question today is to estimate - is current move start of daily upward continuation or, as we've said yesterday just a retracement before further downside move.
Currently it's very difficult to answer, so we just can specify some "red" levels to watch for:



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.

 

[DJG]

Thanks Sive for your analysis

question , can you please recommend some forex trading study materials ? i noticed you use some of Dinapoli's tools , what do you think of his books and training ?

thanks
DG

 

[chukelu]

hmmmmmm

didnt see that coming just missed that ,whats next:unhappy:

 

[Sive Morten]

Thanks Sive for your analysis

question , can you please recommend some forex trading study materials ? i noticed you use some of Dinapoli's tools , what do you think of his books and training ?

thanks
DG

Hi DG,
Since I use it, I think that this is one of the best approach to trading.

 

[asif faryad]

DInapoli book

Hi Sive

is this book the correct one that you use for the anayalis as i am going to order just wanted to double check it is correct Trading with DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets [Hardcover]
thankyou

Asif

 

[Sive Morten]

Hi Sive

is this book the correct one that you use for the anayalis as i am going to order just wanted to double check it is correct Trading with DiNapoli Levels: The Practical Application of Fibonacci Analysis to Investment Markets [Hardcover]
thankyou

Asif

Hi Asif.
That's right, but it will be better if you'll buy it from FPA - you will get a discount. Contact administration for more information... if I do not mess something.
Or buy it from official DiNapoli site - you'll get free access to forum for couple of month for free...
The point is that books is a bit old and Joe has invented a lot of different tools - Dynamic pressure, stop grabber, kibby trade etc. You may find description of all this stuff on forum. Also you'll find answers on some questions that appear during reading of the book.

 

[asif faryad]

Thank you

Thank you for such a prompt reply.

Your the best Mentor!!!!!

 

[DJG]

Thanks for your help sir , gonna check his live seminars too and see if i can book a seat

DG