EUR/USD Daily Video, April 04, 2011

[Sive Morten]

Good morning,
Very probable that market will continue move up. Here is our view on current market situation:





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.

 

[mohan02]

Dear Sive,

There is about 20 pips difference between your chart and the MBTrading chart I am seeing. In the hourly chart for example the price did not go to 1.4041 in my chart, instead it reversed at 1.4060. Am I missing something which is already obvious to everyone. Sorry for the trouble. Would appreciate some clarification.

Regards,

Chandra

 

[Sive Morten]

Dear Sive,

There is about 20 pips difference between your chart and the MBTrading chart I am seeing. In the hourly chart for example the price did not go to 1.4041 in my chart, instead it reversed at 1.4060. Am I missing something which is already obvious to everyone. Sorry for the trouble. Would appreciate some clarification.

Regards,

Chandra

Hi Chandra,
I trade futures, so my quotes a bit different, cause there are futures quotes on my chart.
But all swing are the same, so, you can see what I do - and do the same on your own chart to get the neccesary numbers...

 

[mohan02]

Dear Sive,

Thank you very much for the reply. Your analysis has been truly the most valuable I can find online free of charge. I just can't thank you enough for such a voluntary service from you.

God bless you with great health and wealth.

Chandra