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EUR/USD Daily Video, December 15, 2011

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Dec 15, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    first part of your trading plan has been accomplished - market has established the new low, hit as 1.3003 as 1.2999 - our targets and proceeded a bit lower to force breakout traders jump in. Now we have to catch bullish patterns on intraday charts - if they will appear at all, of cause:




    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, Dec 15, 2011
    Lasted edited by : Aug 15, 2015
  2. Judith3113

    Judith3113 Recruit

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    EUR/USD no brainer shorting

    Thanks for that Sive...new to FX..did really well years ago trading equities but FX is a whole new game. Doing well staying short with EUR/USD...but not sure how to watch for bullish breakouts and attack those..also looking for ways to save on every trade......watching my spreads with various brokers...
     
    #2 Judith3113, Dec 15, 2011
    Lasted edited by : Aug 15, 2015
  3. Don Quixote

    Don Quixote Private

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    Hi Sive, Sometimes you use the 127.2% Fibb Level, are you using this as an extension number like with the 61.8, 100, 161% (eg, ABCD=127%) or as a retracement number on series AB (0,38,50,61,100,127)?.

    Thanks in advance and thanks always for your videos..
     

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