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EUR/USD Daily Video, October 20, 2011

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Oct 20, 2011.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market is continuing move down, but there is very tricky situation on the market currently. Also let's take a look at both sides of the coin:





    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 20, 2011
    Lasted edited by : Aug 15, 2015
  2. erich

    erich Private, 1st Class

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    what we do now?

    hi Sive,
    first thank you for your energy for the daily analysis!

    what's the plan after this 100pip H1 candle?
    sit and wait for clear patterns?
    I suggest, if this candle wouldn't be erased by the market, it should be
    the right wing of the bearish butterfly; or is the market completely confused
    about the political situation and the confidence into the instruments to solute
    these crises?
    greetings, Erich
     
  3. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Erich,
    yes, I think that to wait a bit is a wise decision now.
     
  4. erich

    erich Private, 1st Class

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    thanks

    thanks Sive!
     
  5. tony mau

    tony mau Private

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    Thanks

    Hey Sive

    Thanks again. I think i will sit on my hands for a while and hope that marked will erase the 100 pips and take position again.


    Kind regards Tony
     
  6. FXsamurai

    FXsamurai Recruit

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    Eur/usd

    EUR /USD has been great to me the last 10 days
    with the increased volitility there are pips to be made all over the place

    EUR/USD has been ranging at least 100 pips or more the last few days
    either going long or going short the pips were there to be made
    I hope it continues
    The Market is never confused
    its we who try to ride the waves of it oceans
     
    #6 FXsamurai, Oct 20, 2011
    Last edited: Oct 20, 2011

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