Sive Morten
Special Consultant to the FPA
- Messages
- 18,771
Dear Sive
i wanted to thank you for your school and for you daily analysis
i wanted to ask you though 2 questions
1. Do you no longer give a daily uptade in form of a textversion i seem no to get it anymore i only see and get the weekly updates in texversion
2. the oversold indicator which shows the oversold levels inside teh chart on the price not on a seperate window its blue line on your metatrdaer charts ..can you give the link for the dowload of this indicator....
thanks a lot looking forward for youranswer...
Sincerly
winny
Hi Winny,
1. Right under weekly analysis there are 4 reserved posts. Here will appear text daily updates.
2. Unfortunately you can't download this indicator, since it is protected by copyright law.
This is derrivative indicator from DOSC. It gives the same information.
DOSC you can download in our Forex Military School, in corresponding chapter.
thanks for the update Sive. U don't like 4 hour scenario as DRPO buy?? it looks compressed on your screenshot but it looks rather OK on my cmoputer. It ain't the prettiest of all the DRPO's I've seen..but it's not that bad. To say more...i wouldn't even call it a LAL!
Lolly regarding downward targets...I have a Major MAJOR monthly COP standing at 1,2380...so that's before the weekly's logical profit objectives around 1,20....be carefull ...and always remember to analyse longer Time frames.
Good luck and good week everybody!!!
If anybody needs the screenshots just ask!
Hi Damian, thanks for reminding about upper Time Frames.
Speaking about DRPO, I suggest that futures charts look a bit different. If you will take a look in MT4, there will be no DRPO. First is because first penetration has reached 0.382 resistance, second is because later market has formed DRPO Failure. Thrust is also not perfect.
In such circumstances it is better to stick with Butterfly on hourly chart.
Hello Sive,
Market opened higher with a significant gap.
What's your opinion on it? Should price action close the gap before retracement?
View attachment 5512
Yes, I see this. In most cases this should happen. It is even more so after solid downward trend. Let's see...