EUR/USD Daily Video, May 04, 2011

Sive Morten

Special Consultant to the FPA
Messages
18,662
Good morning,
Market continues its coliling and building an energy. Until we will not see clues that will help us estimate the direction of future breakout - trade market accordingly - use tight stops and move them to b/e as soon as market will allow to do that:




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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