FOREX PRO WEEKLY September 22-26, 2014

[greaseball]

Hi Sive,

I cant thank you enough for all you hard work day after day. You've taught me so much over the last few years.

I was wondering if you had any thoughts about the S&P charts. It looks to me that MACD indicator predictor, may switch bearish for monthly in October. Weekly and daily are already bearish. This paired with the ending of stimulus would be a good argument for a short?

Also Possibly megaphone pattern happening at moment - Daily Reversal ?

 

[Sive Morten]

Hi Sive,

I cant thank you enough for all you hard work day after day. You've taught me so much over the last few years.

I was wondering if you had any thoughts about the S&P charts. It looks to me that MACD indicator predictor, may switch bearish for monthly in October. Weekly and daily are already bearish. This paired with the ending of stimulus would be a good argument for a short?

Also Possibly megaphone pattern happening at moment - Daily Reversal ?

Well, if you're appealing to QE closing, then your choice is big picture - probably monthly chart. On monthly nearest strong resistance area is 2150-2200. Besides, you have perfect thrust up, whatch for reversals, say monthly DRPO "Sell".

 

[cosmos]

Sive, Can you speak on the EURO today, however briefly?

 

[Sive Morten]

Sive, Can you speak on the EURO today, however briefly?

Hi Cosmos,
Actually I have nothing to say right now on EUR. EUR has arrived where we've expected to see it - weekly support. Right now no patterns have been formed there yet, but market stands close and it is too early to say that this level has been broken.

 

[Ghandi1]

Morning,

looks like a possible DRPO Sell is forming on USD/JPY Daily

 

[Kleinerbroker]

Morning,

looks like a possible DRPO Sell is forming on USD/JPY Daily

.... and Butterfly Sell @ weekly completed & achieved 261,8 = 109,47 target ....



Would be great to get Sive´s view ....
KB

 

[Hashim Raza]

Thank you Sive. What do you recommend regarding Eur/Usd, Since 1.267 support is now very far & its struggling to maintain 1.26 level. Should we be looking for buy entries from 1.266 bottom or wait until situation becomes clear?

 

[Brett Reynolds]

Hey Sive, My reply to this post removed!?

 

[Sive Morten]

Hey Sive, My reply to this post removed!?

Hi Brett,
Personally I've not deleted anything... Could you remind what kind of reply this was?

 

[Venelin]

Hi FPAtony777,

please try below parameters it will be very close.

Count bars : 135
Period: 7
Number of highs : 3
Number of lows : 3

BTW, If anyone gets exactly as sive's it will be great to get some advice

Regards.

I think you need to look for "Oscillator Devinateur".