1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

EUR/USD Daily Video, October 04, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Oct 4, 2012.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

    Joined:
    Aug 28, 2009
    Messages:
    12,283
    Likes Received:
    16,977
    Good morning,
    there are some new details and patterns have appeared, that point on possible upward continuation, may be even to 1.3030 and following reversal:





    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.
     
    #1 Sive Morten, Oct 4, 2012
    Lasted edited by : Aug 15, 2015
  2. mcheartz

    mcheartz Recruit

    Joined:
    Sep 6, 2012
    Messages:
    2
    Likes Received:
    0
    Nice Analysis, keep it up Sive
     
  3. allan vincent

    allan vincent Private, 1st Class

    Joined:
    Jul 25, 2010
    Messages:
    62
    Likes Received:
    2
    Thank you very much Sive. NZ time 12:00 noon 5th Oct 2012 looking at the rise to where you have indicated a pull back may occur, i am watching for a signal for the possible downward move. 1 hr seems to indicate possible double repo [is this possible on the 1 hour] or a probable 5 or 15 min rejection candle to take out the recent high contrasting with the bear diverging MACD. trouble is i am also off to collect she-who-shops from airport.
    thanks again Sive. regards allan
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

    Joined:
    Aug 28, 2009
    Messages:
    12,283
    Likes Received:
    16,977
    Hi Allan,
    theoretically it shows condition of DRPO, but there is no tops that I prefer to see. Move up was fast, so, better to wait a bit for some clear patterns or even when move down will re-establish.
     
  5. allan vincent

    allan vincent Private, 1st Class

    Joined:
    Jul 25, 2010
    Messages:
    62
    Likes Received:
    2
    Thank you. regards allan
     

Share This Page