EUR/USD Daily Video, September 22, 2011

[Sive Morten]

Good morning,
Since FOMC meeting in the past, market is showing more clear signs of futher price action:





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

 

[erich]

ABC

thank you Sive!

two ABC have accomplished: 1,49/1,38/1,45 and 1,39/1,36/1,38
both at the same price 1,3447;
at this point I am waiting for the retracement;

new confluence zone: 1,3573 to 1,3599

greetings, Erich

 

[erich]

momentum

hi Sive,

1,3446 or 47 were near the 100% expansion from the recent ABC; the price respected that area but goes to the next exp. level; it seems the price move to 1,3385 (1,3375 fx) directly, but who knows;
however, maybe relaxing to the upside in the afternoon;
but what will be the new retracement- resp. confluence-zone? Sive, could you post this new levels for the retracement, if any one starts at all, please?

thanks a lot,
greetings, Erich

 

[asif faryad]

Your a great Mentor to have Sive...Thankyou sir!!!

Hi Sive,

I have been following your lessons for nearly 18 months know.

I have learnt so much from your weekly daily analysis.

It has helped me identify the type of trader i am as i work on the daily weekly charts info.

Thanks to you i am know becoming very consistent in my trading last week i opened a short position at 13910 closed at 13660 250 pips

yesterday my order for short at 13740 got filled closed 13445 for 295 pips.

i have made a total of 545 pips for 2 trades .

I am waiting for the oversold condition to appear and have my long order pending.

Sive you are a credit to PEOPLE WHO WANT TO BECOME PROFESSIONAL FX TRADERS.

THANK YOU SO MUCH!!!!!!!!!!!

I AM GOING TO HAVE A GOOD REST AND SEE TOMORROW IF ORDER GETS FILLED TODAY OR TOMORROW OR WHEN EVER.

I wish you and your family a lovely weekend Sive.




Best Regards

Asif

 

[Victoral]

Awesome work Sive, thanks so much

 

[sullyman]

Hi Sive,

Great video and outcome. Just signed up to the site and will be going through your posts. What is the weekly oversold indicator you are using in the video. MA ?

Thanks,
Sully

 

[Akiral]

good

i will like to be receiving weekly analysis for my plan