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GBP/USD and USD/JPY Daily video, October 01, 2010

Discussion in 'Sive Morten- Currencies and Gold Video Analysis' started by Sive Morten, Oct 1, 2010.

  1. Sive Morten

    Sive Morten Special Consultant to the FPA

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    Good morning,

    Today's video a bit bigger, than previously, because I also want to show you very good potential signal on USD/JPY.

    GBP/USD has accomplished both of our targets, that we've talked about yesterday. It has reached 1.5911 and then 1.5640 daily Confluence support.
    I think, that we can count on some continuation of down move. But today is Friday, and we should close position fast.



    The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
     
    #1 Sive Morten, Oct 1, 2010
    Lasted edited by : Aug 15, 2015
  2. Baletnik

    Baletnik Recruit

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    Hello!

    Can this huge thrust up still be count as a retracement or did that break our setup? Is pivot still valid target for the down move or is it safer to stay out after the spike?

    Edit: Talking about GPBUSD ofcourse.

    Thank you and best regards!
     
  3. mirza

    mirza Recruit

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    Video

    Videos are no help for people who have and impaired hearing and I am one.

     
    #3 mirza, Oct 1, 2010
    Lasted edited by : Aug 15, 2015
  4. jorsh grant

    jorsh grant Recruit

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    mr novice

    hello sive,
    i want to thank you for analysis, i can't really help it, i know all the money in this world can 't buy you the needful things. so i use this opportunity to thank you
    i couldn't get your early analysis on gbp/usd and usd/ jpy,
    the market is already closed and i hve some trade on buy gbp/usd and sell usd/jpy. is it safe to leave it untill monday or close it immediately market opens
    it is often hard to hear you over the recorded video because of its often break intransmission.
    :confused:
    kindly advice
     

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