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EUR/USD Daily Video, June 21, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jun 21, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market has hit our expectable target at 1.4330 (1.4370 on spot FX). Now we have to determine - what to watch for to make a correct conclusion about further market move:




    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, Jun 21, 2011
    Lasted edited by : Aug 15, 2015
  2. ROCKWELL

    ROCKWELL Recruit

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    Retracement

    Hi,i have benefited from your courses and wish to ask how i will follow the trend,the market is on a sell trend and having hit the target of 1.4330,how do i know that it has finally started to sell again
    thank you
     
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Rockwell, as we've discussed in video - we have to get some sell patterns, if market really intends to turn down here.
    No pattern/signal - no enter.
     
  4. mirza

    mirza Recruit

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    Mr. Sive Morten

    Is it possible to have a script as I am severely DEAF and cannot benefit from the daily video.
     
  5. ertore

    ertore Private

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    Hi Sive: Excellent Job really apprecitte your analysis. I just want you to prepare if is possible to you sell patterns or buy patterns to follow. I know 9 directional signals that Joe Dinapoli shows, but you have another ones that i would like to know and i know many others want to.

    If is possible let us know and if not thank you all you do cause we cant pay you the valuable analysis.

    Regards,
     
    #5 ertore, Jun 21, 2011
    Last edited: Jun 21, 2011
  6. 1954

    1954 Corporal

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    Hei Sive,

    May I know the parameters for MACD predictor ? Which time frame is more suitable for it ?
    Thanks
     
  7. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Mirza
    Yes, I post corresponding text version every day in weekly thread.
    Posts marked with "!" and called EUR/USD Daily Update - they are the same as in video.
    Here is for yesterday:
    http://www.forexpeacearmy.com/forex...697-forex-pro-weekly-june-20-24-2011-a-3.html

    BTW, if you receive notification mails from me, when video releases - there is the same link exist on text version of videos...
     
  8. pragmatic

    pragmatic Corporal

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    agreement

    Hello Sive!
    I noticed that you do not recommend entering on any level except when we get some pattern confirmation. Would it be wrong to enter on a strong level and get some pips, say 30-40? Like today, we expect at least some bounce from strong agreement of 100% expansion H4 with 61.8% Daily retracement.
    Thank you!
     
  9. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Well, that could be done. But you have to have solid confidence with your skills to catch such bounces. Particularly - to determine, that market will start bounce right now, and where to take profit. Also, there is a question will be about s/l and Risk/reward ratio.
    Usually that technic applies when you unsure about perspective of the market - so you enter from strong level, and when it bounces move stop to b/e.
     
  10. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi,
    as MACD, MACDP could be used at any time frame.
    I use DiNapoli paramenters: 8.3897;17.5185;9.0503
    But you may use any other, those that you usually apply to MACD. This is a bit personal thing.
     

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