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FOREX PRO Weekly January 30-February 03, 2012

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Jan 28, 2012.

  1. m0z1

    m0z1 Private, 1st Class

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    Dear Sive

    In today's analysis you mentioned that we could not treat the thrust for DiNapoli directional patterns as there has been no close under 3x3. But if we look on MT4 charts, the close is almost there. (I have circled it in red for clarity). Can we not treat this as LAL pattern? If not, why?

    Thanks
    Mili eur-usd-daily.
     
  2. Triantus Shango

    Triantus Shango Sergeant Major

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    m0z1

    my chart looks different from yours and also use MT4. (chart attached)

    also, are you sure your fib retrace structure is drawn properly? shouldn't the first fib node/line be 38.2 and not 78.6?


     

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  3. m0z1

    m0z1 Private, 1st Class

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    Hello Triantus

    Your chart does look different. But I checked with Sive's daily and it looks the same. The fib retrace are wrong... Ignore those please.

    Thanks
    Mili
     
  4. Triantus Shango

    Triantus Shango Sergeant Major

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    m0z1 what kind of data feed do you have? SPOT or futures?
     
  5. m0z1

    m0z1 Private, 1st Class

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    I use SPOT on MT4 platform.
     
  6. Triantus Shango

    Triantus Shango Sergeant Major

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    then why are our chart different? weird. what's your chart timezone?

     
  7. m0z1

    m0z1 Private, 1st Class

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    I use GMT + 1. Whats your time zone?
     
  8. Triantus Shango

    Triantus Shango Sergeant Major

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    chart timezone is EST NY
     
  9. cosmos

    cosmos Sergeant

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    The difference in the charts is going to be the time frame the broker uses. For example, I have one broker who starts and ends each day at 5pm EST. I have another who starts and stops each day at 7pm EST. Also, every broker's sales a bit different. There is no central clearinghouse in the spot market, only in futures. (But on these charts, it looks like the difference is in the time feed from the broker.)
     
  10. Triantus Shango

    Triantus Shango Sergeant Major

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    just watching CNN... -31C tonight in russia!! don't go outside sive ;-)
     

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