EUR/USD Daily Video, October 05, 2011

Sive Morten

Special Consultant to the FPA
Messages
18,648
Good morning,

Youtube again gives us a problems with uploading a video, so, I post it here in Zip Archive file. This is SWF video, so you will need a flash player to watch it.


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
 

Attachments

  • EUR_USD_05_10_11.zip
    2.2 MB · Views: 1,015
SWF - file

You can also right-click on the file and choose: open with internet explorer
(and then allow content to be displayed)
It will play in your IE browser

Adam
 
video 5TH OCTOBER

Dear Sive

Sorry to be a pain but once you tube is working could you kindly post the video on there as i have an apple mac machine and cannot open the zip file you have kindly posted.

Thank you and as always love the teachings.

Asif :)
 
Eur/aud

Hi Sive,

I have been watching the EUR/AUD chart for a while.

The monthly chart is showing what may be DRPO buy signal, but there are a few too many candles between the crossings of the 3x3.

Do you think this could be tradeable? If so what TP and SL would you recommend
 

Attachments

  • euraudm.gif
    euraudm.gif
    15.6 KB · Views: 67
Dear Sive

Sorry to be a pain but once you tube is working could you kindly post the video on there as i have an apple mac machine and cannot open the zip file you have kindly posted.

Thank you and as always love the teachings.

Asif :)

Sorry Asif, I could spend on FPA an hour at the start of my working day. But after that work turmoil just twisting me... That's why I've read your post just now :)

Hi Sive,

I have been watching the EUR/AUD chart for a while.

The monthly chart is showing what may be DRPO buy signal, but there are a few too many candles between the crossings of the 3x3.

Do you think this could be tradeable? If so what TP and SL would you recommend

Hi Matthew

Yes, this is nice DRPO.
It's better if it appears on some significant Fib support or even Agreement.
The classical DiNapoli rule to trade it - place stop below 0.618 Fib support from the lowest point of DRPO to First penetration high or current high - depends on what is higher...
But I prefer to place stops below 0.786 support level.
Target is 1.0 extension of AB-CD of bottoms of DRPO at minimum.
You may use 3x3 to trail your profit after 1.0 target will be reached - until market stands above 3x3 - hold position. Take profit at first close below 3x3. This is just an alternative approach.
 
Thanks Sive

Dear Sive

Thats no problem as i managed to read the text version for yesterday and as i am an avid student of yours always read your weeky thread so was able to stick with my trading plan.

I know you are a extremely busy man :)) If you ever leave FPA please start something your self please keep in touch and what ever you start I AM IN !!!

As i spend my time reading the pycology books behind trading and your weekly/daily anaylis is enough for me to make money on a consistent basis.

Thanks wish you a good day :))
 
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