EUR/USD Daily Vudeo, May 17, 2012

Sive Morten

Special Consultant to the FPA
Messages
18,648
Good morning,
market is giving us some hint on retracement. It is difficult to predict it's depth, but odds suggest that market will reestablish downward move either from 1.2818 area or 1.2911.
So, applying gradual short entry with scaling in seems as not bad idea to us:






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.
 
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