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Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

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waiting game….

Posted on July 31, 2008 at 11:28 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Traders are waiting without commiting positions and the operators also follow the same in the absence of the volume.They will try to squeeze towards close of European session to get volume.They intend to make one quick upward stop hunt above high before the drop.

Regards

Dr.Sivaraman

21 Responses to “waiting game….”

on 31 Jul 2008 at 12:00 pm1jayeswes

Dear Dr.,
A quick clarification–by “squeeze” do you mean they will push EUR/USD up? Or do you mean it will fall further (i.e., below 5600) before the stop hunt?
As always, thanks for your efforts and instruction.
Regards,
jayeswes
on 31 Jul 2008 at 12:07 pm2Krzysztof

Regarding possible drop during US session.
Do you think that they can breach yesterday’s lows ?? So far market looks like in a pullback mode, there is a GDP report which may be excuse for a move. If they really will make a big drop today it can be big suprise….most indicators points EUR up for a while. Or it will be just 30-40 pips moves up and down ??

Krzysztof
on 31 Jul 2008 at 1:03 pm3Ben

Dear Dr.

Are we still going to see an upward stop hunt, cutting the previous high before the news ? Or maybe we should start shorting around these levels ?

Thank you.
on 31 Jul 2008 at 1:18 pm4Dr.S.Sivaraman

Dear jayeswes
Squeeze = puting it in a tight corner - so that traders will make distress trades
Regards
Dr.Sivaraman
on 31 Jul 2008 at 1:21 pm5Dr.S.Sivaraman

Dear Krzysztof
An up and a down move expected in a big way from the current levels.The up may be for 50-75 pips and down 100-125 pips
Regards
Dr.Sivaraman
on 31 Jul 2008 at 1:23 pm6Dr.S.Sivaraman

Dear Ben
Let them swing from the static levels.then you will be able to judge their moves.
Regards
Dr.Sivaraman
on 31 Jul 2008 at 1:26 pm7greg

Hi Doc,
Sure hope you’re right on this as I’ve bet my House on this trade. (smile) If it turns out you’re incorrect, I’ve saved enough money to fly to India to live w/ you?? Also I’ll buy you a roast Beef Sandwich upon arrival. Heh!, Heh.
Just kidding.
Greg
on 31 Jul 2008 at 1:44 pm8greg

About the above post , Doc,
I’m just kidding naturally but, I have some wonderful friends here in Cleveland , Ohio that I’ve worked w/ for many yrs. They’re from Indian decent. I really enjoy your posts.
Sincerely,
Greg (from) Cleveland, Ohio
on 31 Jul 2008 at 2:02 pm9Nina

This is too exciting for me. My puls is now up at 110, and I’m sitting completely still!

What do you think about the news event, Dr.? Wouldn’t it be wise of them to do the stop hunt before the news since it could alter things a bit?
on 31 Jul 2008 at 2:52 pm10Nina

Now I understand. And thanks to me believing in you, Dr., i made a months pay in only 10 minutes.

I don’t know how I can thank you enough for the fantastic comments you make.
on 31 Jul 2008 at 2:59 pm11Max

Dear doc,
It’s come the time of deep drop? At now we are at 156770…where will it go? to 15600? When I will close the position?
Thanks
M.
on 31 Jul 2008 at 3:00 pm12Ben

Dear Dr.

Nice forecast, once again.

Is the stop hunt over already ? Are we going to see a drop in EUR and GBP from US session or we’ll have to wait for tomorrow ?

Thanks
on 31 Jul 2008 at 3:11 pm13Roy

Dear Dr

Do you expect a big drop to come after the European close and in the New York afternoon, or
do you think that the terrible jobs data out of the US may keep EURO and GBP at these high levels overnight?

Many thanks for your insights.

Regards
Roy
on 31 Jul 2008 at 3:20 pm14Krzysztof

Dear Dr,

Excellent forecast again !!! Referring to your forecast from few hours ago, up 50-75 pips than down 125 can you explain why you expect reversal.
From my observation those moves ususally continuing during session. Is there any relation to month end maybe ??

Regards, Krzysztof
on 31 Jul 2008 at 3:21 pm15Florian

well, what a f day!
on 31 Jul 2008 at 3:54 pm16Dr.S.Sivaraman

Dear Nina
They made the false dip before data to use negative data to rise and now sliding against the expectations of the traders.This is how they play their game .
Regards
Dr.Sivaraman
on 31 Jul 2008 at 3:55 pm17Dr.S.Sivaraman

Dear Nina
Thanks for the nice words.I am happy you are benefited in your trades.
Regards
Dr.Sivaraman
on 31 Jul 2008 at 3:57 pm18Dr.S.Sivaraman

Dear Max
Watch and close calmly
Regards
Dr.Sivaraman
on 31 Jul 2008 at 3:58 pm19Dr.S.Sivaraman

Dear Ben
You can watch yourself and see how they are dropping without any excuse.
Regards
Dr.Sivaraman
on 31 Jul 2008 at 4:00 pm20Dr.S.Sivaraman

Dear Roy
The market has given the reply now
Regards
Dr.Sivaraman
on 31 Jul 2008 at 4:01 pm21Dr.S.Sivaraman

Dear Krzysztof
They have done the rise and now the correction - watch till end of US session and understand my forecast.
Regards
Dr.Sivaraman

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