EUR/USD Daily Video, March 08, 2011

Sive Morten

Special Consultant to the FPA
Messages
12,965
Good morning,
the first part of our trading plan has been achieved - market has hit 1.4033 target.
Day traders should wait for pullback, while intraday traders can try to run on this possible retracement down:



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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4x4Ever

Private, 1st Class
Messages
56
Possible DRPO on EUR/USD 1H

Good morning,
the first part of our trading plan has been achieved - market has hit 1.4033 target.
Day traders should wait for pullback, while intraday traders can try to run on this possible retracement down:
Hmm this looks interesting. Does this not look like a possible DRPO on the 1 Hour EUR/USD shaping up? Got my fingers crossed, watching and waiting :)

Thanks to all your great analysis Sive I am starting to get this stuff. Thanks again for all you do.

~Markus

*update on image, now below 3x3*
 

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Sive Morten

Special Consultant to the FPA
Messages
12,965
Hmm this looks interesting. Does this not look like a possible DRPO on the 1 Hour EUR/USD shaping up? Got my fingers crossed, watching and waiting :)

Thanks to all your great analysis Sive I am starting to get this stuff. Thanks again for all you do.

~Markus

*update on image, now below 3x3*
Hi, Markus
This is not DRPO - poor thrust. And now you see the further development - definitely not a DRPO.
 

4x4Ever

Private, 1st Class
Messages
56
Hi, Markus
This is not DRPO - poor thrust. And now you see the further development - definitely not a DRPO.
Yes thanks for replying. I was a little excited at first as it looked like it might be starting to form at first. As time went on though it was obvious it wasn't materializing. I think time wasn't on its side because it was happening towards the NY close and volume was weak. Maybe next time :)
 
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