Sive Morten
Special Consultant to the FPA
- Messages
- 18,559
Good morning,
market surprisingly has accomplished Butterfly's target around 1.2640 although we had some doubts about this. Although short term context still holds <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=bullish" onmouseover="return overlib('In stocks, bullish means that the price of a stock is going up (or you think it will go up). Since forex is traded in pairs, bullish means the price [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=bullish" onmouseover="return overlib('In stocks, bullish means that the price of a stock is going up (or you think it will go up). Since forex is traded in pairs, bullish means the price [...]');" onmouseout="return nd();">bullish</a>
</span>, <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=ECB" onmouseover="return overlib('European Central Bank. Controls the interest rate of the Euro and monitors the monetary policies of those countries in the European Union that use th [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=ECB" onmouseover="return overlib('European Central Bank. Controls the interest rate of the Euro and monitors the monetary policies of those countries in the European Union that use th [...]');" onmouseout="return nd();">ECB</a>
</span> meeting could have significant impact on the market. From techincal point of view, this could appear in price action around butterfly:
[video]http://images.forexpeacearmy.com/Weekly/EUR_USD_03_09_12.swf[/video]
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.
market surprisingly has accomplished Butterfly's target around 1.2640 although we had some doubts about this. Although short term context still holds <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=bullish" onmouseover="return overlib('In stocks, bullish means that the price of a stock is going up (or you think it will go up). Since forex is traded in pairs, bullish means the price [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=bullish" onmouseover="return overlib('In stocks, bullish means that the price of a stock is going up (or you think it will go up). Since forex is traded in pairs, bullish means the price [...]');" onmouseout="return nd();">bullish</a>
</span>, <span class="glossarylink">
<a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=ECB" onmouseover="return overlib('European Central Bank. Controls the interest rate of the Euro and monitors the monetary policies of those countries in the European Union that use th [...]');" onmouseout="return nd();">
<img class="inlineimg" src="images/styles/f4/misc/vbglossarlink.gif" border="0" /></a> <a href="https://www.forexpeacearmy.com/forex-forum/vbglossar.php?do=showentry&item=ECB" onmouseover="return overlib('European Central Bank. Controls the interest rate of the Euro and monitors the monetary policies of those countries in the European Union that use th [...]');" onmouseout="return nd();">ECB</a>
</span> meeting could have significant impact on the market. From techincal point of view, this could appear in price action around butterfly:
[video]http://images.forexpeacearmy.com/Weekly/EUR_USD_03_09_12.swf[/video]
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.