EUR/USD Daily Video, March 26, 2012

Sive Morten

Special Consultant to the FPA
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18,669
Good morning,
To justify our expectation of further upward move, we still need some confirmation, just for more safety. Still, until now price action was in a row with bullish expectations:






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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Sive,

I've just started following yr analysis on FPA and want to thank you for all the fantastic effort you are putting in. I've been trading live since January this year and (thanks to yr analysis) am finally able to make a bit of sense of the way the Euro moves. Thanks to yr analysis, yesterday I waited until price retraced to the FiboR 61.8 level (of the previous uptrend) and entered long after it bounced off that level, managed to bag 100+ pips! My first trade with a 100+ pip profit! So a very big THANKS to you!

Shan Chelliah.
 
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