naser_mohammad
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Good stuff Sive
What do u expect for euro to this year's end ?
What do u expect for euro to this year's end ?
Good morning Sir
Thanks for the analysis as always....
The market (Eur Usd) opened at 1.4056, went up a few pips to 1.4087, then went straight to make a low at 1.3918.
From your analysis, you said if the market starts by opening lower then we have to wait for it to retrace back to the weekly pivot before entering short.
But considering the situation here, market did not reach any of the predicted level on its way up after it openened.
My question here Sir is that...should we still wait for market to go back to around the weekly pivot of 1.4056 or we should enter short from here...1.3965......because market seems to range trade at this point.
Thanks.
Good morning Sir
Thanks for the analysis as always....
The market (Eur Usd) opened at 1.4056, went up a few pips to 1.4087, then went straight to make a low at 1.3918.
From your analysis, you said if the market starts by opening lower then we have to wait for it to retrace back to the weekly pivot before entering short.
But considering the situation here, market did not reach any of the predicted level on its way up after it openened.
My question here Sir is that...should we still wait for market to go back to around the weekly pivot of 1.4056 or we should enter short from here...1.3965......because market seems to range trade at this point.
Thanks.
It will depend on depth of current retracement to the downside. I think, that market still can reach 1.4450 area roughly. But will it happen in current year or not, who knows... especially, if market will reach 1.3350 area.Good stuff Sive
What do u expect for euro to this year's end ?
Hi Sive, Can you give us some idea of what to look for to know whether to exit the trade at 1.36 or to hold onto it until 1.33, and what new stop loss to hold in profits would make sense with the pair having fallen this far. I never have too much trouble getting into a trade, but I do have less understanding on when to get out of one. (both good trades and bad ones.) Thank you.
Hello Sir. Do you still advise holding long on USDJPY to 82.50 per our butterfly pattern?
Hi Sive,
I see that you use pivot points quite often in your analysis. Even though, I did not see it in the original DiNapoli methodology, it seems like a really effective addition. At what GMT time does the day end for your calculations of daily pivots? How about the week beginning and end? I guess month is obvious.
Thanks for all the effort. I appreciate your teaching approach very much.
Rasto