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FOREX PRO Weekly October 22-26, 2012

Discussion in 'Sive Morten- Currencies, Gold, Bitcoin Daily Video' started by Sive Morten, Oct 20, 2012.

  1. Synchronicity

    Synchronicity Sergeant

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    Hi

    Post or PM me with details of your system setup and exactly what happens when you try to install the fibtree indicator and I'll try to help.

    All the best

    Michael
     
  2. BeeKay8

    BeeKay8 Sergeant

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    Hey all,

    I know that the 4HR candle has yet to close but looks like we may have some bearish stop grabber here IF market closes below 1.2950. Let's see what happens....

    Once again, thanks Sive for your analysis this week. I have been learning lots from you. Hope you and your family have a great weekend.

    Cheers!
     
  3. BeeKay8

    BeeKay8 Sergeant

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    Hey Sive,

    I see that you did not mention the stop grabber on 4 hour TF?

    Is this not a stop grabber?

    Best,
    Brandon

    sg.
     
  4. pragmatic

    pragmatic Corporal

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    Hello Sive!
    Do you take into consideration the possibility of Double Bottom on H1, H4? Last bottom was also a DB with W&R on H1. Now we have the same situation. It occurs to me that last time you pointed the DB with pinpoint accuracy, but you dont talk about it now. How can I master this art?
     
  5. pragmatic

    pragmatic Corporal

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    I think this a perfect SG. It works perfect when it happens on retracement. As you see, it already reached the target.
     
  6. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Hi Bradon,
    I didn't tell about it for two reasons. First, is because this pattern has been formed right at low, so that's why its not so significant. Second - the way how it was formed is not very reliable. I prefer to see SG's on retracement in direction of previous thrust.

    Hi Pragmatic,
    Mostly because we have untouched target 20 pips lower. If it stands slightly closer and could be reached by W&R, yes, we probably could talk about DB. But who knows - may be we will get DB and untouched target. Anything is possible...
     
  7. BeeKay8

    BeeKay8 Sergeant

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    Much clearer. Thanks!
     
  8. michael22

    michael22 Recruit

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    thank so much.. i'm learning a lot from you.
     
: sive morten

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