Forex EUR/USD Daily Video, October 02, 2023

[Sive Morten]

Good morning,

EUR has formed bearish grabber on Friday, suggesting that previous lows could be re-tested, but the decision on position taking is a bit tricky because of possible reverse H&S on 1H chart:

 

[Brett Reynolds]

I will wait for retracement to 1.07 area..as first potential short position.

 

[davedubai]

The bearish grabber - not an inverted hammer? The hammer body though is not 1/3 of shadow but I may blame it to weekend. Small careful long at 1.0575 for 1.0640 SL 1.0540... just to be with market vibes
Sive.. What is your take on GBPUSD ?
Thanks

 

[Sive Morten]

The bearish grabber - not an inverted hammer? The hammer body though is not 1/3 of shadow but I may blame it to weekend. Small careful long at 1.0575 for 1.0640 SL 1.0540... just to be with market vibes
Sive.. What is your take on GBPUSD ?
Thanks

Dave grabber and hammer are non comparable, because they have absolutely different ideas in the core. while grabber is a fake trend shift, hammer is just a specific market performance inside some time period.

On GBP - it seems that we have to wait a bit more, as no patterns have been formed yet. Market just starts to flirt with weekly 3/8 Fib support area

 

[davedubai]

Dave grabber and hammer are non comparable, because they have absolutely different ideas in the core. while grabber is a fake trend shift, hammer is just a specific market performance inside some time period.

On GBP - it seems that we have to wait a bit more, as no patterns have been formed yet. Market just starts to flirt with weekly 3/8 Fib support area

Dear Sive,
Thank you for your reply.
Your reply inspired me to get access and learn more so to understand your videos better.
Hope I am at right website to learn DiNapoli methods.
https://www.dinapolitradingacademy.com is that right website ?

 

[Sive Morten]

Dear Sive,
Thank you for your reply.
Your reply inspired me to get access and learn more so to understand your videos better.
Hope I am at right website to learn DiNapoli methods.
https://www.dinapolitradingacademy.com is that right website ?



View attachment 87154

Hi Dave, Here is the official DiNapoli level . The one that you've mentioned is of his authorized expert. DiNapoli has a number of experts who are allowed to make seminars in different part of the world. Joe himself is in ages already, so it is difficult to him run across the Globe, he usually teaches in the US.

I do know nothing about particular this person who is owner of this Academy. Auxano is mentioned on Joe site as a tutor in Singapore and S. Africa. So, it should be OK.