Recent content by snegdk

I have been monitoring it too - ideally we gotta wait for a close above 3x3. Hope the DRPO will be confirmed. After that we shall wait for a retracement and try to enter long.

EUR is really tuff to trade lately - USD/JPY is giving me much better results.

Bread and butter and double repo are Dinapoli's directional patterns - you will find them in his book "Trading With DiNapoli Levels". Good luck. BTW I am still short on EUR/USD - hope this time B&B will work (at least I am expecting the price to reach the 50% support level). Wish you...

There is no section about money managment in Joe Dinapoli's book. But he has a trading course called "Fibonacci, money managment and trend analysis" available in mp3 (costs 275$). I haven't bought it yet - I have his book and dvd course, plus all indicators for mt4, guess this mp3 course aould...

This is USD/JPY pair The market got a little bit higher after Sive's post. If current move (3 candles) is the beginning of the retracement - there is a potential support area.

Guess the 1.275 are was chosen by Sive because Weekly Pivot Support1 stands there and it is the point of completion of recent ABCD pattern - the area stands right at the 127.2 extention of BC leg. Synchronicity, Sive, thank you for your tips.

Sold at 1.2980 with sell limit order - still holding the position. I am thinking about pyramiding - I wonder what Sive thinks about it (pyramiding) and current situation.

Good day everyone! Now it looks like some big players collected s/l placed on previous tops and we have a big bearish candle. Waiting impatiently what will Sive tellus about the current situation.

As always, thank you for your work , Sive! It looks like the news from Greece affected the market and the trading plan didn't work out, but we had some hints. The market opened with the gap, didn't manage to close it and then moved up really fast and made the butterfly invalid. Hope you guys...

Again big THANKS for your work, Sive. Stop loss was placed to b/e as you advised. The price indeed went up first and was getting closer and closer to my s/l, but then in a second everything changed - guess some big guys pressed the sell button :-) The price has already reached the invalidation...

Yes it did - there is a huge gap due to the news from Cyprus.