EUR/USD Daily Video, March 13, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,559
Good morning, market has reached our potential entry area. What could happen here and what we have to be aware of:




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.
 
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hi Sive,
thank you indeed for your analysis!
One question, I saw you use the precise MACD with the data from DiNapoli; could you send me or us this MACD for the MT4 platform
or do you have a internet address where we could download this special MACD?
thanks in advance,
Erich
 
Hello Sive,
I appreciate your analysis.
The only thing I want to ask you is if there is a way to define the stop loss price.
Thank you and keep up the good work
 
And something else,
I see that we have reached the 61.8 support of monthy time frame at 1.3046.
I suppose that's why we saw a retracement to that level.
As you said the biggest the time frame the stronger the support/resistant.
I want to ask you how we place a target at 1,2950 area since that support is supposed to be a strong one.
Thank you.
 
hi Sive,
thank you indeed for your analysis!
One question, I saw you use the precise MACD with the data from DiNapoli; could you send me or us this MACD for the MT4 platform
or do you have a internet address where we could download this special MACD?
thanks in advance,
Erich

Hi Erich,
now this question is underway in FPA administration. That topic was discussed on forum, because there are some other useful indicators exist and they are deciding could they be distributed free or not.

Hello Sive,
I appreciate your analysis.
The only thing I want to ask you is if there is a way to define the stop loss price.
Thank you and keep up the good work

Tony,
I rare talk about stop areas, since this topic is very sensitive to trading style. And its different on every person. If I will advise something, that could be unacceptable for somebody or not suitable particular to trading methods. That's why I just point levels to watch for.

And something else,
I see that we have reached the 61.8 support of monthy time frame at 1.3046.
I suppose that's why we saw a retracement to that level.
As you said the biggest the time frame the stronger the support/resistant.
I want to ask you how we place a target at 1,2950 area since that support is supposed to be a strong one.
Thank you.

Could you please show me the graph with monthly 1.3046 support? Because the one Fib support that I see on monthly is 1.2950...
May be you mess it with weekly pivot support 1? WPS1 is indeed stands at 1.3046
 
Hello Sive,
Thank you for your answers.
The monthly chart is as follows. monthlychart.gif
 
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