GBP/USD Daily Video, March 12, 2015

[Sive Morten]

Good morning,

Here is results of our yesterday GBP trade with step-by-step explanation. I hope that this will be useful and let you to get answers on some questions:



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.

 

[Brett Reynolds]

I posted comments on this in 11th march video..by mistake Sive!

 

[forexist]

Hello Sive,
thank you very much for all.
A question...considering the importance of the inflation in all monetary politics, what do you think about DRPO in forming on oil (Weekly Time Frame)?

Thank you

 

[csc2009]

Thanks for the step-by-step explanation, Sive. That's really useful.

 

[drebg]

Great review, Sive! Let me know if I've identified this DRPO buy potentially setting up on the EUR where a retrace/bounce is definitely due. Thanks!

 

[Sive Morten]

Great review, Sive! Let me know if I've identified this DRPO buy potentially setting up on the EUR where a retrace/bounce is definitely due. Thanks!

Well, it could be, but better to use most recent thrust for trading of DRPO, or if you want to use whole thrust - then use higher time frame, say weekly.