EUR/USD Daily Video, May 22, 2013

[Sive Morten]

Good morning,
market still stands with upward retracement, but is approaching to the level, where we have to start to search reversal patterns on lower time frames:





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.

 

[lewanek]

Sive the way you are doing this is for me not understandable, but you are enforcing marke to move in to your direction. Incredible man. I wish you were my first forex teacher, as most probably I would not have lost my first accountarget for the
Only thing that I am missing in your video today is the target of the move down side of the market after reatrecement.

 

[Sugit]

Hello Sieve,
Thanks for all your work, I am studying daily.
Question about yesterdays volatility. I was short Eur/Usd, scaling in, with S/L at 1.2980. So was stopped out and found the price at 1.2880. How should I deal with this kind of volatility?
Thanks again,
Sugit