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EUR/USD Daily Video, August 21, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Aug 21, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    although recent price action looks boring, still particularly this coiling gives us nice levels to watch for. Since after quiet times could follow a fast move:





    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.
     
    #1 Sive Morten, Aug 21, 2012
    Lasted edited by : Aug 15, 2015
  2. Simon N. Okafor

    Simon N. Okafor Recruit

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    K, Support/Resistance


    That was great Sive. Your videos of Sunday and Monday of the current week were more than helpful. I zeroed into 30 min time chart and aided by Bollinger Bands I was able to follow the correct direction to my desired targets.

    But I do not know where I missed the lesson on K support/resistance. I seem to find it difficult to determine and use.

    Is there any way you can help?
     
    #2 Simon N. Okafor, Aug 21, 2012
    Lasted edited by : Aug 15, 2015
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Simon,
    you can check our Forex Military School, chapter 10, if I'm not wrong. If you want to understand it with greater details - read DiNapoli book, since K-level (Confluence) was invented by him.
     

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