Forex EUR/USD Daily Video, June 04, 2020

Ugyen Penjore

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15
Hi Sive, do you think failure of ECB PEPP's decision to extent beyond what was agreed would bring EURUSD to confluence support?
 

Emekajohnson

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17
Hi Sive, do you think failure of ECB PEPP's decision to extent beyond what was agreed would bring EURUSD to confluence support?

Good question, I was even thinking about possible movement of EURUSD. It seems to be chasing 1.146 area. Sive, please what's your take.
 

Sive Morten

Special Consultant to the FPA
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13,800
Hi Sive, do you think failure of ECB PEPP's decision to extent beyond what was agreed would bring EURUSD to confluence support?
Good question, I was even thinking about possible movement of EURUSD. It seems to be chasing 1.146 area. Sive, please what's your take.
Guys, EUR now climbs too deep in weekly overbought area. If you somehow was able to keep your longs - that's great. But we trade on probabilities. We are not prophets and can't predict some events that drive markets. Probability yesterday told that 1.12 area is most probable ceil. In, fact nothing has changed for us. As yesterday around 1.12 as today around 1.14 - are not good areas for long entry. Market is overbought and we need healthy retracement to step in. Bears haven't got any chance to open position as well. Thus, on EUR we could just wait.
 

Emekajohnson

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17
Hello sive os there a software you use to know the presence of bears or bulls in the market before it actually start moving?
 

Sive Morten

Special Consultant to the FPA
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13,800
Hello sive os there a software you use to know the presence of bears or bulls in the market before it actually start moving?
The core of my technical approach is DiNapoli technique, with few add-on, as harmonic patterns, pivots... Fundamentals play significant role in weekly action.
 

Emekajohnson

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17
The core of my technical approach is DiNapoli technique, with few add-on, as harmonic patterns, pivots... Fundamentals play significant role in weekly action.
Wow! Sive, can I be your student? Since I really need to master this profession.

Thanks in anticipation for your favourable reply.
 

Sive Morten

Special Consultant to the FPA
Messages
13,800
Wow! Sive, can I be your student? Since I really need to master this profession.

Thanks in anticipation for your favourable reply.
Well, it seems you already are. Since you're here, watching videos and reading posts.
Here we also have educational course, that could help you a bit. I'm here since 2009, so there are a lot of videos accumulated, you could watch and study.
 

Emekajohnson

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17
Well, it seems you already are. Since you're here, watching videos and reading posts.
Here we also have educational course, that could help you a bit. I'm here since 2009, so there are a lot of videos accumulated, you could watch and study.
Thanks Sive. I just scanned through the course, did not see where Dinapoli technique was mentioned. Please, I am actually talking about the Dinapoli techniques.


Awaiting your feedback.
 

Emekajohnson

Private
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17
Well, it seems you already are. Since you're here, watching videos and reading posts.
Here we also have educational course, that could help you a bit. I'm here since 2009, so there are a lot of videos accumulated, you could watch and study.

I have scanned through the educational trading course, but DiNapoli technique was not mentioned. How can I learn it from you?
 
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