GBP/USD Daily Video, May 29, 2014

Sive Morten

Special Consultant to the FPA
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18,673
Good morning,

GBP behaves well and according with our expectations. Still, let's discuss DiNapoli "Kibby trade" that market has formed. This is partially educations material, but you can try it on practice if you want, but it is very risky. Thus, be careful:





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.
 
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Very interesting. Thanks a lot for the info. I'll try this out with a micro lot :)
 
I take Kibby..not on 1st Retracement..but 2nd.!? 50% level of 4hr Bullish Bar..1.6715..approx. Tighter stop..better R:R.
 
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