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 21, 2010

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Oct 21, 2010.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

    Joined:
    Aug 28, 2009
    Messages:
    11,379
    Likes Received:
    14,553
    Good morning,

    market has achieved all our targets from different signals that we've mentioned in weekly research - DRPO LAL, MADP Failure and weekly pivot support 1.

    Right now I do not see any solid signal for position trading, that is worthly to be taken. Market has a trading enviroment right now and in some decision making I suppose.
    Personally, I'll be flat, but if you're intraday trader, I will show you some levels to watch for...




    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 21, 2010
    Lasted edited by : Aug 15, 2015
  2. ramani

    ramani Recruit

    Joined:
    Oct 29, 2009
    Messages:
    2
    Likes Received:
    0
    any advise on erojpy:)
     
  3. Faizal Shuriken

    Faizal Shuriken Recruit

    Joined:
    Aug 12, 2010
    Messages:
    7
    Likes Received:
    0
    hi sive,
    do u have any recommended source where i can find and learn about chart patterns.?
    and also do u think the envelope indicator can work like joe dinapoli's oscillator predictor that u usually used on your chart analysis.?

    thanks...
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

    Joined:
    Aug 28, 2009
    Messages:
    11,379
    Likes Received:
    14,553
    well, Predictor has a different algorithm. In general, you can use any not normalized oscillator. For example Momentum.
    Concerning envelope... I do not know, really. May be also you can try Bolinger bands, but Predictor is a Predictor. For now it's just impossible to say ahead - how perfect will envelope or Bolinger's Band work in term of Oversold/Overbought...
     
  5. cosmos

    cosmos Sergeant

    Joined:
    Jan 22, 2010
    Messages:
    140
    Likes Received:
    16
    Hi Sive, Was that a railroad track pattern on the daily time frame?
     
  6. cosmos

    cosmos Sergeant

    Joined:
    Jan 22, 2010
    Messages:
    140
    Likes Received:
    16
    To fellow novice traders, I found a webpage where Mr. DiNapoli discusses some of the trading patterns Sive has been teaching us, and defines some of the terms as well. You can see it here:
    Joe DiNapoli - Masterforex-V
    This should help us follow the strategies and also cut down on the number of repetitive questions we ask.
     
  7. cosmos

    cosmos Sergeant

    Joined:
    Jan 22, 2010
    Messages:
    140
    Likes Received:
    16
    To fellow novice traders, I found a webpage where Mr. DiNapoli discusses some of the trading patterns Sive has been teaching us, and defines some of the terms as well. You can see it here:
    Joe DiNapoli - Masterforex-V
    This should help us follow the strategies and also cut down on the number of repetitive questions we ask.
     

Share This Page