EUR/USD Daily Video, November 03, 2011

[Sive Morten]

Good morning,
our trading plan has been acomplished. Today we will dive in a bit advanced analysis of intraday charts:




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.

 

[erich]

Drpo H4

Hi Sive,

are there odds for a DRPO on the 4-hour chart?
greetings, Erich

 

[Mahen Ganhewa]

Surerly the 4 hr DRPO will fail with ECB cut thrusting downside? Cheers for all your amazing work Sive. Lots of people follow you without ever thanking you for your efforts. Much appreciated.

 

[Sive Morten]

Hi Sive,

are there odds for a DRPO on the 4-hour chart?
greetings, Erich

Hi Erich,
too much bars between penetrations and first retracement is too deep for me.
As maximum this is DRPO LAL, but I suppose that it's better to treat it as just AB-CD or "222 Sell"

 

[erich]

thanks

thanks Sive,
I thought so. The initial retracement should have happened faster.
thank you!

 

[samfx]

Thank you Sive,

Sive wish chapter is dedicated to entry patterns... I still have hard time finding the right entry. I learned a lot from you daily analysis... I been watching your videos for the past 5 month or so and I like your way of viewing the market.

But for entry you always tell us to find a pattern on the 5 or 15 minutes chart at certain level. Do you have a specific chapter for these entry patterns, or may be it's coming in future chapters.

Is it possible to show us examples in your daily videos on possible entries that happened the preceding day for example. That way we will learn these patterns quickly and efficiently.

Thank you, very much appreciated.

 

[Sive Morten]

Thank you Sive,

Sive wish chapter is dedicated to entry patterns... I still have hard time finding the right entry. I learned a lot from you daily analysis... I been watching your videos for the past 5 month or so and I like your way of viewing the market.

But for entry you always tell us to find a pattern on the 5 or 15 minutes chart at certain level. Do you have a specific chapter for these entry patterns, or may be it's coming in future chapters.

Is it possible to show us examples in your daily videos on possible entries that happened the preceding day for example. That way we will learn these patterns quickly and efficiently.

Thank you, very much appreciated.

Hi Samfx,
Yes, they are chapters that contain info about patterns - Fibonacci, Classical patterns, candlesticks, divergences as add-onn, Harmonic patterns. DiNapoli patterns (although we do not have them in our FMS). Sometimes you can enter based on trend shifting without pattern...

Imagine that I'm talking in video not about daily-hourly charts, but about hourly-5 min charts. This is the same - the logic and approach are quite the same. I can't do this, just because when video will be released all that patterns will become a history. I need give time to think and to use this analysis on practice.
In video, I'm trying to make some back to previous research and analize what has happened. Besides, I have no possibility to give hint on 5-min chart pattern to forumers in time, and if I will start to talk here was a nice pattern, there was a nice pattern - it will be like reaview mirror, backmind analysis...
Anybody could say - where we had have to buy and sell on historical chart.