FOREX PRO Weekly December 03-07, 2012

MidnightRun

Sergeant
Messages
186
Hi Sive, I have often wondered what setting you use on your MACD. Right now you say the monthly MACD is bullish,
however the with the setting I use 12,26,9 that is 12EMA, 26EMA and 9 for signal line, trend is still bearish, though
a cross is close. This is the standard setting I presume, I haven't pondered on different settings though I did use a
faster setting at a time.
Johan,
As you see at the bottom of the analysis post: "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." - Maybe its a good idea to check what Sive had to say about his overall trading method - wlsewhere in this Forum and specifically in the Trading School - indicators are explained there in the minutest detail.
Cheers.
 

Kalgan

Private, 1st Class
Messages
37
Well todays opening has answered my question....So thats fine...*

I would still say caution about longs though as both the pound and the euro had gap openings which at the time of me writing this have not been filled..

Besos
K2* :cool:
 

squidge42

Corporal
Messages
140
Still getting to grips with unfamiliar patterns.

Could this be 3 Drive sell on the hourly...thanks for any thoughts or comments
 

squidge42

Corporal
Messages
140
Hi Sive, I have often wondered what setting you use on your MACD. Right now you say the monthly MACD is bullish,
however the with the setting I use 12,26,9 that is 12EMA, 26EMA and 9 for signal line, trend is still bearish, though
a cross is close. This is the standard setting I presume, I haven't pondered on different settings though I did use a
faster setting at a time.
We are not allowed to post links however the Dinapoli MACD is widely available if you search for it. The nearest setting for your standard MACD is 8, 17, 9
 

BeeKay8

Sergeant
Messages
208
Maybe I am wrong but I think we may have a Butterfly "SELL" on the hourly which could lead us to retracement?
bt.png
 

ivans990

Private
Messages
17
Hi everybody,

I would appreciate if I can get an info if Ninjatrader contains indicators and Dinapoli levels.

Txs.
 

Johan Andersson

Private
Messages
10
Thanks alot, I understand it's a faster MACD, this will help me greatly. In fact my Metatrader is only this current week moving above signal line, giving a bull cross, if it closes up here. Trend beside directional patterns are important in Sive's method. In this case his faster MACD (DiNapoli) (if I am allowed to write his name :) ) has been 2 weeks ahead of this standard (5,26,9) . A Bull cross with this "probably" more widely used standard setting might attract bullish attention to the Euro.

Thanks again,

We are not allowed to post links however the Dinapoli MACD is widely available if you search for it. The nearest setting for your standard MACD is 8, 17, 9
 

Johan Andersson

Private
Messages
10
Thanks I appreciate, I have follow Sive daily for soon two years time so I am very familiar indeed, yet had this question now sorted out with another Private
with an estimate setting close to DiNapoli MACD. ,
Johan,
As you see at the bottom of the analysis post: "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." - Maybe its a good idea to check what Sive had to say about his overall trading method - wlsewhere in this Forum and specifically in the Trading School - indicators are explained there in the minutest detail.
Cheers.
 

Sive Morten

Special Consultant to the FPA
Messages
12,714
Now I'm watching for this. Could be typical reverse H&S that has started from Butterfly. This happens very often. Let's see - will it work or not...
1.gif
 
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