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EUR/USD Daily Video, February 22, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Feb 22, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    some of you will think that this research a bit boring, but I treat it as some prepearing for further price action and want to discuss with you possible scenarios on daily time frame. If we will be aware of them - we can catch early hint of future moves:




    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, Feb 22, 2012
    Lasted edited by : Aug 15, 2015
  2. grahamFPA

    grahamFPA Private, 1st Class

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    Hi Sive

    Nothing you ever do is "boring". I have learnt more, about price action, from your videos than I have from all the books and so called guru's.

    Keep up the GREAT work.

    Graham
     
  3. getuliogb

    getuliogb Recruit

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    Good job Sive..

    I think your analisys is very accurate and priceless. I would like to know what are the setup you use in MACD in order to determine the trend.
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Getuliogb,
    trend is treated as confirmed by close price. So, if MACD lines have crossed by close price - trend has shifted. MACD is indicator of trend.
     
  5. jokkymum

    jokkymum Private

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    hi sive morten,i need ur help to read trading figures like :
    10:00am NY Time New Home Sales Forecast 315 Previous 307K
    ACTION: 385K BUY USDCHF/ 245 SELL USDJPY

    My question is how do i read the forcast,previous,action numbers?
     

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