Recent content by pringy

Morning Sive, If it reverses up after the ABCD move (although it looks like it might have started already), it will look like a bullish gartley too in the 8 hr timeframe? Would that mean that the target short area is at more risk? And being a "weak" DRPO, would you favour this Gartley...

Thanks Sive for that great analysis. The common mistake I make is taking too much risk, and jumping into a reversal without the trigger pattern. That'll be my focus for 2012! Question about fibonacci extensions to estimate price targets. I notice that in this video and previous, you used the...

Sive - thank you VERY MUCH for taking time to respond to my dilemma, I will certainly digest it, and you have definitely predicted one of my common issues - worrying about my overnight position!! thank you again :)

Hi Sive, Thanks again for your great analysis. I need to ask for some advice with something that I've always struggled - taking profits. Because of the time zone here, I am asleep during the US session, and often if I enter a good trade during the Euro session, I can suddenly find it reverses...

Thanks for the analysis Sive. Do you agree there's a Bread and Butter sell on EURGBP?

LOL good point :)

Good morning Sive, Looks like a DRPO might be forming with EURUSD in the D1, but also possibly in M30 or H1. Question, if in a lower timeframe, e.g. M15, a DRPO has forming, but in M30, starts to form, but in H1, might be just a B&B... which signal to follow? all has minimum 8 bars. thanks!

Hi Sive! Thanks for the update ;) Got a couple of questions: 1. If there was a double bottom, and the price has continue to move up, and then starts to retrace down, and we draw the fib retracements from the focus point to the double bottom - would you consider each fib level a...

Morning Sive! Fortunately just before I went to bed, I saw a reversal I didn't like with the EURUSD, and exited the position even though it didn't hit the pivot target. But yes, it was a big bounce from the confluence and pivot! I tried getting into a bread and butter with the EURJPY, but...

Hi Sive, I've just caught the perfect Double Repo sell on the EURUSD. I'm seeing strong confluence resistance around 1.3232 which also coincides with weekly pivot. This suggests a logical profit objective. I was going to ask you whether it will still continue down from here, or whether I...

Hi Sive, Your overbought bands.. i was wondering if you could share the settings/formula for that? thanks!

50% fib Hi Sive, Thanks for your great videos. Dinapoli doesn't use 50% retracements because it is strictly not a fibonnaci number. But I'm just wondering what your thoughts are, and experience with using 50% to establish confluence areas? cheers

Pivot points - if overrun Hi Sive, Usually when the a fibonacci retracements point have been 'overrun', it is discarded. But what about pivot points that have been overun? e.g. penetrated initially early in the day, but retraces back to it - is it considered a good confluence area if...

Hi Sive, Looks like it'll be heading for the major confluence at 1.3780. It'll probably be mucked around a bit there, but are you confident that it will still reverse to 1.3350? The H4 timeframe trend indicates the trend has become bullish based on 25x5 and 7x5, and even the MACD has...

Thanks guys... yeah.. it's always a bit of a dilemma - sometimes if you think about it, taking 40 pips consistently, despite missing out on another 40 pips, will make your life very comfortable! Certainty versus high risk. Ah well.. if someone has the holy grail for booking profits... do...