Recent content by rasto007

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Rate hike by ECB Sive, from reading many articles, it seems that everyone is expecting a rate hike tomorrow. Even ECB seems clear on it. Would you say that the market has already incorporated this information into the price and so if it proves to be reliable and the rate will be increased...

Thanks Sive for a quick reply. I understand what you mean. I am actually short now. Which is not good. I need to find a good spot to get out. Therefore the question about retracement. What would you recommend to look at? And maybe all others can learn what to do when a trade goes wrong. Rasto

Sive, I attached a weekly chart of EURJPY. My question was whether the long tail during the beginning of Japanese crisis can be seen as a stop grabber? Overall, looking at the daily chart, it seems that the the narket overreated and then continued in old tracks like nothing happend. In such...

Eurjpy sive, can we treat a recent weekly candle with a really long tail as a stop grabber? Rasto

It almost looks like the market jumped over tht fib at 1.3907 and now it became a support. Sive, do you still have a bearish bias? Rasto

stop grabber on daily GBPUSD Hello Sive, what do you think about the stop grabber on daily GBP USD? There was a butterfly or crab on daily that failed while forming a stopgrabber. Where would you put a SL? Rasto

gartley 222 Sive, I wanted to ask you about the Gartley 222 setup. somewhere I read that a requirement for this patern is for B ponit (counting XABCD) to be at .786 retracement of XA leg. In your explanation I understood that the AB=CD is more important to you. Do I understand you correctly...

Gbp/usd Hi Sive, I have opened a short position on GBP/USD a few days ago based on several daily patterns. However, the context and the setup is not there anymore. I wll need to close it. What strategy do you usually use in situations like these? any recommendation on levels of retracement...

Sive, thank you very much for daily analysis.It is very helpful. At the end of the video you mentioned the butterfly sell on gbp/usd. Thank you for pointing that out. That helps. I also noticed that on daily it took out the previous highs by only 20 pips and with macdp being close under, it...

failure point for DRPO Sive, thanks for the video. It is very appreciated. It was interesting to see how you calculated the point of failure for the DRPO pattern. In the 90s Dinapoli book he calculates the point from the extreme of the swing after the second penetration - that would be the next...

Fundamental view on USD/CHF Sive, what is your fundamental view on USD/CHF. We are hitting historic lows with this pair. Are there fundamental reasons for CHF to stay this strong for some time? Rasto

Sive, thanks for the video response to the questions about the current situation on USD/CHF. Something that caught my attention is the macdp failure on daily - yesterdays candle. Do you think that is significant? Does that increase the probability of reaching recent lows on daily? Rasto

Sive, I attached a daily chart. With my broker, the daily macdp failure did not form on the up bar, two days back. But on the basis of weekly RRT and other bullish signals on daily, i entered. However, there is a macdp failure clearly forming on todays down bar. With .618 support broken...

Sive, can we consider it a RRT on weekly EUR/USD? That would be a bullish signal. However we are quite overbought on daily and on lower timeframes. Plus we have reached profit objectives on several TF. Interesting moves. Rasto