Euro FX Daily Video 12 August, 2010

Sive Morten

Special Consultant to the FPA
Messages
18,621
Hi,

In general, I expect the continuation of yeterday's strong downmove
And will be watching for some sell signals around 1.30-1.3030 area.

Also I do not see any problems with possible scalp Buy trade from 1.2860 with target around 1.30. If this kind of trading is suitable for you. But be carefull - this is a trade against daily trend.



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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