Recent content by Baletnik

My guess would be that current idea for entering long failed, but the setup on weekly chart where Sive showed us RailRoad Tracks with bullish engulfing is still valid, only the retracement from 1.0070 will be a bit deeper.

Thank you for the update.

Sive, would you consider your trading idea of USDCHF still valid or did too much consolidation after the retracement from 0,9694 destroy it?

Hello, I'm far from being the authority to say that, but I think Sive mentioned in a video that such case does not qualify for railroad tracks, because it did not clear any previous lows and is therefore considered normal price action. Besides that it seems USD is currently fundamentaly...

He already answered you in Friday's thread.

Nice, one question in this spot. There is an opinion that certain indicators work more accurately on longer time frames. Would you say it goes same for the patterns you are using (H&S, DRPO...)? I mean is DRPO on weekly chart more likely to happen than DRPO on hourly chart? Thanks and best...

Hello, I have a question about AUDUSD from previous week for all who own DiNapoli book and have read about DRPO. On attached chart it seems like DRPO Buy forming on 4-h chart. We have a "close above" 3x3 and then "close below". But that close was made with rising (green) candle under the 3x3...

Hello, I hope it's ok to post some links here. I found a great help in those 2 links explaining details about Futures. http://www.investopedia.com/video/play/futures-contract-explained http://www.investopedia.com/university/futures/ As for the other questions, they were answered numerous...

I think it's better for us, new traders to follow less pairs. Follow them every day and learn from Sive's analysis. I very much doubt the primary intent of this forum is to make fortunes for everyone directly but to learn how market works and how to analyze it so we will be able to make our own...

Hello, Sive can you give us a short explanation why you use Futures instead of Spot? Does have any benefits? Does it even matter for a small trader? Does it matter for a professional trader? Thanks

Hello, Sive, I think he didn't ask about the targets of the butterfly but how do you spot a possible butterfly forming. For example, it's easy for me to look at it now and say oh, look there was the butterfly, it's so obvious, how didn't I see that. But yesterday, you showed us the possible...

Hello, it seems Sive did it again. With that psychic powers of yours can you tell us who will win Football WC in 2014? :) I was thinking the first target of this move should be weekly pivot resistance 1 at around 1.3380 but recent good US data made me question if this could tip the scale on a...

Good morning all, Sive if you don't mind I'd like to ask you a question about EURUSD. Yesterday morning we had pressure on 1.3200. First it pierced it just a little bit and pulled back and later it pierced it deeper to 1.3180 and pulled back again. I wonder how you know when the real move...

+1 I doubt Sive has time to hang on the forum all the time and answer to every our question. Just listen to his analysis and make your own decisions.

Hello! Can this huge thrust up still be count as a retracement or did that break our setup? Is pivot still valid target for the down move or is it safer to stay out after the spike? Edit: Talking about GPBUSD ofcourse. Thank you and best regards!