EUR/USD Daily Video, August 15, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,681
Good morning,
market looks heavy now and current price action is not very typical for normal bullish development. So, it's better to tight stops and keep an eye on possible breakout of lower border of the channel:





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.
 
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<iframe width="420" height="315" src="http://www.youtube.com/embed/VCJAyFrryuc" frameborder="0" allowfullscreen></iframe>

Here is the video
 
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