EUR/USD Daily Video, January 30, 2013

[Sive Morten]

Good morning,
market finally at monthly resistance. So, positional traders could wait and observe how market will response here, while daytraders could try to catch some intraday patterns to make a scalp trades:





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.

 

[grahamFPA]

Hi Sive. Thanks again for your analysis. You mentioned a manual for help on trading the "3 Drive Pattern" but I could not catch the name you mentioned. Please could you post the source here? many thanks Graham

 

[sbryanse]

The "3 Drive Pattern" is discused in the "compleat Forex Course" Sive posted on this sight.

 

[Sive Morten]

Hi Sive. Thanks again for your analysis. You mentioned a manual for help on trading the "3 Drive Pattern" but I could not catch the name you mentioned. Please could you post the source here? many thanks Graham

Sure,
here it is:
https://www.forexpeacearmy.com/forex-forum/chapter-17/17337-chapter-17-part-iv-3-drive-pattern-harmony-classical-patterns.html