EUR/USD Daily Video, March 27, 2012

[Sive Morten]

Good morning,
Market has given us another confirmation of bullish bias. Still today there are ideas as for day traders as for scalpers:





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.

 

[lambo99]

Thanks Sive

 

[Chublet]

Hi Sive,

Thank you very much for your daily analysis.
I have a question. Could you tell me why you drew a fib where a pink circle on the attachment? I thought a fib should be drawn from a swing high to swing low but I don't see a swing low where you drew the fib.

I would appreciate if you could reply my question.


Thank you.

 

[Sive Morten]

Hi Sive,

Thank you very much for your daily analysis.
I have a question. Could you tell me why you drew a fib where a pink circle on the attachment? I thought a fib should be drawn from a swing high to swing low but I don't see a swing low where you drew the fib.

I would appreciate if you could reply my question.


Thank you.

This comes from DiNapoli frame work with Fibs. I suggest you to pass through our Forex Military School, particularly through Fibonacci Chapter.
More details you can get if you'll read his book

 

[Chublet]

Hi Sive,

Thank you very much for your advice. I have read your school articles several times. I have the Dinapoli book but the translation of the book is not very good.....
Anyway, I am going to read your lessons and Dinapoli book as well as watch your daily videos in the past to study.

Once again, thank you very much.

Chublet