EUR/USD Daily Video, November 30, 2011

Sive Morten

Special Consultant to the FPA
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18,669
Good morning,
although daily bearish context holds well, we need some clearer price action on intraday charts to understsand when to enter short:




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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Thanks Sive as always!!

Yes i will follow my plan as i always do after being a long term student of yours.
Yesterday was great i opened a short at 13410 after intraday was 100 pips in the money which gave me 1:1 ratio i always aim for 2:1 or 3:1 ... i placed my stop at BE and watched the movie and decided last night to take the 100 pips.

Great Analysis will await clear signals from the market as you say market is cunning!! i will be sitting on my hands enjoying the forum with everyone's views.

Wish you a nice day :)
 
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