EUR/USD Daily Video, July 11, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,564
Good morning,
market still holds around 1.2260 that is minor 0.88 monthly Fib support. Although price action looks heavy in recent days, bounce still has chances to happen. From practical standpoint there are two ways how we can deal with current situation:






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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Interesting, as a newbie trader i still don't quite understand what sive is talking about. What is a patron.
 
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