EUR/USD Daily Video, August 16, 2011

Sive Morten

Special Consultant to the FPA
Messages
13,394
Good morning,
probably we see the the first hint on further upward continuation. Still, there could be retracement in nearest time but I do not want to see it's deeper than 1.4330-1.4350 area:



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.
 
Last edited by a moderator:

DJG

Corporal
Messages
85
Good day sive and thanks for your efforts and analysis ,

regarding the euro/usd pair and the way it's heading right now , is it OK to enter with high volume or is it safer to wait for it to move above 1.45

regards
DG
 

Sive Morten

Special Consultant to the FPA
Messages
13,394
Good day sive and thanks for your efforts and analysis ,

regarding the euro/usd pair and the way it's heading right now , is it OK to enter with high volume or is it safer to wait for it to move above 1.45

regards
DG
DG,
I do not see any clear Buy signals yet, except may be 1.27 Butterfly buy at 5-min chart. If you want, you may try it with stop below 1.4325, but will it work, who knows...
 

Attachments

Last edited:

DJG

Corporal
Messages
85
thanks sive for your respond , i entered with a tiny volume for now and hopefully there will be clearer signals later

thanks again
DG
 
Top