EUR/USD Daily Video, November 29, 2010

Good morning, everybody

I have a bearish bias on EUR/USD and think that our "last gasp for the bulls" around 1.3230-1.3350 hardly will hold. But at the same time now it is not very suitable moment for just jumping in...





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.

 

Thanks a million GREAT ONE .

 

Thank you Sive for sharing, I had the same plan for this week. Press need some time to find new story to explain another Euro drop (Portugal, I guess). 1.3600 is possible but 1.3420 also could be strong resistance with monthly pivot point.

 

Education

Dear Sive

First of all thank you for your excellent & consistent daily & weekly predictions.

I am fairly new to Forex & I find it difficult to find all the indicators you use. I currently run a demo account on an MT4 platform.

Could you possibly guide me to the relevant indicators used on this type of platform to mirror yours. I am also very interested to study and would welcome any suggestions of books relevant to your trading methods.

I am aware that your time is precious and thank you in anticipation for your reply.

Kind thoughts

 

Hi Eric,
Concerning software. All indicators, that I use are DiNapoli appropriate indicators pack for CQG. But CQG is a rather expensive. I definitely know, that the same pack exists for Genesis trade navigator and CIS Trading patform. But they are also cost some money.
There is no official pack for MT4 platform.

 

A crystal clear logical analysis which is much appreciated. Many thanks Siv