EUR/USD Daily Video, 07 October, 2016

[Sive Morten]

Good morning,

EUR is making stronger challenge on 1.11 breakout:



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.

 

[Brett Reynolds]

How about retracement back to 1.1175 Sive.? Then i will take 'huge short position' & come to Moscow to do 'my own Daily Videos'..so that you can 'have a rest'.!? lol

 

[Major_Tom]

Cable....is this the VOB effect?

 

[Sive Morten]

Cable....is this the VOB effect?

Now, Tom, VOB was on Brexit voting. If you plot DOSC indicator, you'll see that it has not shown new lows.

 

[Sive Morten]

How about retracement back to 1.1175 Sive.? Then i will take 'huge short position' & come to Moscow to do 'my own Daily Videos'..so that you can 'have a rest'.!? lol

Nothing, actually. Butterfly has been erased. Major daily 5/8 was not broken, thus, EUR has returned back to the same coiling action. We've not got real breakout.
About your videos, this is good idea, really. I always talk to all our forumers - put your own analysis here and we will discuss, watch and make a trading plan together.
Thus, you could place your own videos in the same threads, no problem. I welcome that.