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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

    Aug 28, 2009
    Likes Received:
    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

    Jul 8, 2010
    Likes Received:

    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

    Feb 26, 2010
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    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

    Sep 19, 2010
    Likes Received:
    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.
    kindly advice

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