FOREX PRO Weekly May 21-25, 2012

Lolly Tripathy

Sergeant Major
Messages
512
sir i took my profit @2560 area..
can i enter short again??? or its better to wait for a pull back
again its showing a sell butterfly @30min chart..
 

Kwash

Private
Messages
10
Hi Sive.

Why price action on yesterday's daily bar have canceled possibility of DRPO Buy? Wouldn't it be still valid if price closes above 3x3 again?

And another thing I would like to ask. After reading discussion of previous week I found a post from a guy asking you about possibility of analysis of GBP/USD and you said it was already covered in the past but wasn't in place anymore due to low atendee. I would like to express my own and personal sentiment that it would be very welcome if you could provide analysis on other forex pairs like GBP/USD or even on other trading instruments like oil, gold or some index. Are there any plans or possibilities for this on the future?

I've been watching your analysis and support here at FPA by quite some time, even though silently. Now I've changed my personal work situation and from now on I can stay more close to the site/community and to the market, at last on daily basis. Thanks for your excelent analysis and help, it's being _very_ useful! :)
 

Sive Morten

Special Consultant to the FPA
Messages
12,707
sir i took my profit @2560 area..
can i enter short again??? or its better to wait for a pull back
again its showing a sell butterfly @30min chart..
Hi Lolly,
This answer is late a bit, but anyway, I suppose it's better to wait and current price action is supporting it.
Hi Sive.

Why price action on yesterday's daily bar have canceled possibility of DRPO Buy? Wouldn't it be still valid if price closes above 3x3 again?

And another thing I would like to ask. After reading discussion of previous week I found a post from a guy asking you about possibility of analysis of GBP/USD and you said it was already covered in the past but wasn't in place anymore due to low atendee. I would like to express my own and personal sentiment that it would be very welcome if you could provide analysis on other forex pairs like GBP/USD or even on other trading instruments like oil, gold or some index. Are there any plans or possibilities for this on the future?

I've been watching your analysis and support here at FPA by quite some time, even though silently. Now I've changed my personal work situation and from now on I can stay more close to the site/community and to the market, at last on daily basis. Thanks for your excelent analysis and help, it's being _very_ useful! :)
Hi Kwash
DRPO has been cancelled since even if market will show close above 3x3 - difference between tops will be too large. If upward move will start this will be not due DRPO.

Speaking about different assets - as I know FPA has no intention to return with this practice, at least in nearest time. Previously I've made +2 researches - on GBP and Yen. There was 2-3 times less attendance. This makes some problems. But if you will be able to guarantee the same attendance as EUR research - we will start to make the others. :)
Anyway, I'll transfer your idea to administration.
 

cercamon

Private, 1st Class
Messages
42
But if you will be able to guarantee the same attendance as EUR research - we will start to make the others. :)
Anyway, I'll transfer your idea to administration.
I support Kwash request :)

I follow your daily updates and it would be very interesting to get your impressions on other major pairs.
 

jianean

Private
Messages
27
My feeling is that too many analysis reports would be complicating things.
I find Sive's analysis is FANTASTIC. [Even if I don't yet understand a whole multitude of things like DRPO; DRPO[Sell]; LAL; K-support; WPP; stop grabber; etc etc]

However, I DO support the call but "Gold" would be my choice as an additional daily analysis.

I am aware that these must take quite some time to prepare and I would not want the excellent QUALITY to be diminished because of the time it takes to do the analysis PROPERLY.

I support Kwash request :)

I follow your daily updates and it would be very interesting to get your impressions on other major pairs.
 

Kwash

Private
Messages
10
Speaking about different assets - as I know FPA has no intention to return with this practice, at least in nearest time. Previously I've made +2 researches - on GBP and Yen. There was 2-3 times less attendance. This makes some problems. But if you will be able to guarantee the same attendance as EUR research - we will start to make the others. :)
Anyway, I'll transfer your idea to administration.
Thank you Sive!

If FPA admins aprove it I hope that the community around EUR/USD analysis can provide enough attendance to the other trading instruments too. People simply like your discussion here. It's for sure the most concise one that I have ever seen about the market. :D
 
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