FOREX PRO WEEKLY, February 15-19, 2016

[IanN]

I have prepared small analysis on EUR/USD

There is another Double Repo on 15Min Chart that got completed, lets see how this bigger one plays out...

 

[Sive Morten]

There is another Double Repo on 15Min Chart

Hi Ian,
here we do not have any DRPO. You should read DiNapoli Book "Trading with DiNapoli levels", chapter dedicated "Directional patterns"

 

[IanN]

Thanks for your reply, I was first confused a bit but then I understood and remembered! There was not enough thrust for DRPO, dang, should have known that

I also checked the chapter again last evening, Joe writes that it should be minimum 8 if not even 15 thrusting candles before the signal.

Was this also what you meant?

Ian