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EUR/USD Daily Video, May 03, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, May 3, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market has shown solid plunge down, but we still have to wait a bit - we need rally to sell, and confirmed daily bear trend:





    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, May 3, 2012
    Lasted edited by : Aug 15, 2015
  2. double_a

    double_a Recruit

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    Dear Sive,

    Really appreciate your views on the daily market. Please continue your great work!!
     
  3. geodepe

    geodepe Recruit

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    Fib anomaly

    Sive,
    I enjoy your weekly updates.
    Today however, I could not understand your fibs.
    I drew them on my chart and show them here.
    Why do mine look different from yours?
    Thanks,
    Geodepe.

    eurusd_5_3_12.
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Geodepe,
    First is, because you apply different swing. I use total swing from high to most recent low, while you apply Fib tools not quite correct.
    Try to pass trhough our Forex Military School, particularly Fib chapter. Second - donwnload Fib tree indicator - thread on top of my root page. It very useful.
     

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