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Euro FX Daily Video, August 10, 2010

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Aug 10, 2010.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,
    market has shown solid sell off yesterday.
    Today is FOMC rate decision, and I prefer not to hold position during the FOMC minutes. Current day strategy for me wiil be looking a possibility for scalp "Sell" trade.



    Sive

    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, Aug 10, 2010
    Lasted edited by : Aug 15, 2015
  2. dragan lukic

    dragan lukic Recruit

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    Hi Sive,

    I have an unpleasant situation on EUR/JPY, hedge - buy on 114.24 and sell on 110.23. Have you any suggest or advice?

    Thank you in advance.

    Best regards,
    Dragan Lukic
     
  3. kasim ijelu

    kasim ijelu Private, 1st Class

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    Eue

    Good Morning Sive thank you for you're post and reply
    Euro dolla index rose from as low as 80.43 to 81.00 and S&P sold off contributing to the euro sell off. are investors stilll jittery about the future? Anyway, on the short side for now Technically
    Thank you

    Mr kasim Ijelu
    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.[/QUOTE]
     
  4. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Dragan,
    I do not track closely this pair, but it seems that half of your drawdown has been returned. I do not seem much, except bullish convergence on monthly chart. But this is a very long term picture.
     
  5. Eric Alyea

    Eric Alyea Master Sergeant

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    Caught it at 1.32141

    EUR/USD I did some buys on the way up and set my T/P at 1.3176. I took sells at 1.31930, 1.31981, and 1.32141. I’m riding it down, expect a couple of level offs, but think I will hold them till tomorrow.
    Good call Sive.
    :)
     
  6. Sugit

    Sugit Private

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    Sive, your analysis proved exactly right, with all the details. Amazing. Thanks!
     
  7. Eric Alyea

    Eric Alyea Master Sergeant

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    A record for me

    I got scared at the level off :eek:oh: and cashed out at 1.29609.
    1.32141
    1.29609
    0.02532

    That's a record for me.:D
     
    #7 Eric Alyea, Aug 11, 2010
    Last edited: Aug 11, 2010
  8. ochills

    ochills Master Sergeant

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    mr Ochills

    Thanks 4 your indepth analysis it is really good for us all
    thanks once again.
    Pls I can not watch your video can you pls help people like me by creating a way that we can download your vedio analysis and watch it locally from our PC. I usually have a network problem. I am missing this Vedio Pls
    Thanks Sive
     

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