EUR/USD Daily Video, May 04, 2011 – Today, 07:13 AM

Good morning,
Market continues its coliling and building an energy. Until we will not see clues that will help us estimate the direction of future breakout – trade market accordingly – use tight stops and move them to b/e as soon as market will allow to do that:

EURUSD Daily 05.04.11

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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