Daily Video, EUR/USD, September 07,2010

[Sive Morten]

Good morning,

As we've expected, market has started retracement to the downside.
Look for price action around support levels, that I've pointed in the video for the possible enter on the long side of the market.
I strongly recommend to wait until the US trading session will start.



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.

 

[Hayden]

Thanks Sive,

I did set a Buy limit at you recommended entry and now have closed it off gaining 38 pips, thank you I will wait for US market open to place a trade on this pair as recommended

Thank you

Hayden

 

[DumbAsArock]

Good thing you got out. I went long at 1.27501

In Airplane Lloyd Bridges said, "Looks like I picked a bad week to quit sniffing glue."

Nothing against Sive; I think his analysis is excellent, but looks like I picked a bad week to go long with him.