European Forex Professional Weekly 2009-09-04

Pharaoh

Colonel
Messages
19,898
Sir Pips is predicting more of a large scale economic meltdown. It should be interesting to see if Sive or SP's predictions come closer to what really happens.
 

Kristof

Recruit
Messages
1
Dear Sive Morten,

Your knowledge and insight is really usefull. Is there a way to follow up on the trades you make on the demo account? Thank you for sharing, I might become an avid reader.

Best regards,
Kristof.
 

AsstModerator

FPA Forums and Reviews Admin
Messages
5,590
The MT4 account statement is just Sive's way of showing that his method of analysis works. Currently, there are no signals available beyond the weekly posting here.

There is some discussion at FPA HQ about talking Sive into doing more in the future.
 

PistolDave

Corporal
Messages
105
Nice to meet you!

Hi Sive,

I am happy to read your analysis of the forex markets. I have been in the process of learning to trade these markets for some time now and reading your views is helping me along in understanding them.

Keep up the good work. We all appreciate it!

And thanks to all the mods and the guys at FPA for all the great services they offer all of us.

Dave
 

castlebrook

Recruit
Messages
1
Stop loss change

Hi Sive,
On your current trade 10th Sept Eur/Usd short your stop loss was 1.4620 yesterday when I looked. Today I see your stop loss is changed to 1.4630 (market went to 1.4628). When did you make the change?
 

Sive Morten

Special Consultant to the FPA
Messages
13,800
I live in Europe, so, there is a time difference about 12 hours. I did it yesterday in the evening.
 

Johnfa

Private, 1st Class
Messages
60
FX EURO WEEKLY September, 04, 2009


Weekly - Bearish.

- Look at the way that situation with Gold will progress. If bullish breakout will be true than keep out form short positions on EUR/USD pair;
- The strategy is the same. If you have a possibility to trade on weekly basis, short as higher to upper border of the wedge as possible, I think it will be real near 1.44-1.45 level. Stop 1.4725, profit 1.42-1.4250;
- I expect that there will be no downward break of the wedge during next week.​
Hi Sive Morten,

Why didn't you set SL at 1.4725 as your weekly signal for the last trade ? Sive Morten Signals - Forex Trading Signals Test by Forex Peace Army

Thank you.
 

Sive Morten

Special Consultant to the FPA
Messages
13,800
First, because the information in weekly research is not a trade signal or trade recomendations, it's just my view on situation. And "Trade possibilites", that i've wrote are not a detail plan for trade. In general, I should not write anything like this.

This topic has been already touched here:
My post to Hobs
http://www.forexpeacearmy.com/forex...essional-weekly-2009-08-27-a-3.html#post20628

Second, I can't trade on weekly basis, cause my demo account here is just 5000$. Maximum for that account - 1-4 hour basis, maybe daily, if there will be a possibility to place correct near stop.

Besides, if you look at my trades, you can find some, that even not mentioned in research. The weekly research is not a trade signal o deal recommendation.
 
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Johnfa

Private, 1st Class
Messages
60
Second, I can't trade on weekly basis, cause my demo account here is just 5000$. Maximum for that account - 1-4 hour basis, maybe daily, if there will be a possibility to place correct near stop.
Why don't you trade 0.1 lot instead of 1 full standard lot for $5000 account ?
 

Sive Morten

Special Consultant to the FPA
Messages
13,800
I will,
cause there was not such possibility in MT3 and I didn't catch this moment earlier for MT4, it's new software for me. I do not trade in MT4 on real accounts.
 
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