EUR/USD Daily Video, December 14, 2011

Sive Morten

Special Consultant to the FPA
Messages
18,699
Good morning,
our yesterday's trading plan has worked well and market has reached significant support level. Although medium term expectation holds the same - some retracement is possible now. But market could prepare some traps on its way, mostly for intraday traders:




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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