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EUR/USD Daily Video, January 20, 2011

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Jan 20, 2011.

  1. budzik69

    budzik69 Recruit

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    Thank you Sive for your explanation. So I can also recognize MACD failure on normal macd when signal line touch or slightly penetrate second line.
     
  2. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Not always. Sometimes it can happen during the day. For example in the beginning of the day - daily MACD shows a crossing, but at the end of the day (at close) this signal disappear. This is the basic MACDP failure.
    When this signals consists of 2 opposite bars - is a rarer pattern.
     
  3. demosco

    demosco Recruit

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    pivot points

    Hello sive , i quite enjoy your daily signals and your effort in making sure that people like us improve on our trading.
    I want you to briefly enlighten me on the use of pivot points in trading the forex market.
    also which is the best time of the day to trade ?
    thanks
    demosco
     

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