GBP/USD Daily Video, October 07,2010

Sive Morten

Special Consultant to the FPA
Messages
13,399
Good morning,

It is difficult to find something new and interesting on the market currently, because all major details have been discussed many times already. On lower time frames price action either monothone, as on EUR or just a chop liver as on GBP.
So, that's why we should look for possible beacons on higher time-frames.
Today I offer you to take a broader look at Cable:




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.
 
Last edited by a moderator:

David Green

Recruit
Messages
2
Good Day Sive - having a bit of trouble with "monothone" below! Possibly a typo? Any thoughts? Thanks David GREEN

Good morning,

It is difficult to find something new and interesting on the market currently, because all major details have been discussed many times already. On lower time frames price action either monothone, as on EUR or just a chop liver as on GBP.
So, that's why we should look for possible beacons on higher time-frames.
Today I offer you to take a broader look at Cable:




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.
 
Last edited by a moderator:
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