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

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Aggressive rise is seen in EURO and GBP

Posted on September 8, 2008 at 3:37 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Now we might get stories about financial debacle in US etc and EURO and GBP spiked up,but the timing of the release is important.After stopping out all the buyers in other majors and also when all the sells were absorbed by the big players during week end  ,the announcement came.Then the market reacted now for the same.But now we could understand how the announcements are being timed and released to give chance for the big players to make money and  not the small traders.

Now the market is expected to make sudden volatile moves to hit the stops of the higher level buyers for the day initially and then rise again.USD/YEN has firmed up as expected to make the contrarian moves

Any way our expected USD weakening moves are happening..Quick dips are buy opportunities to close during firming up moves.Use 30 pips hedging order to limit the risk and do either way trading if the hedging makes profit.

Sentiments are short lived,they will misguide traders telling other stories.However USD is expected to weakening in this month.

Regards

Dr.Sivaraman

15 Responses to “Aggressive rise is seen in EURO and GBP”

  1. on 08 Sep 2008 at 4:43 am1TT

    Hi Dr Sivaraman,

    Eur has hit a high of 1.4430 during Asian session and now lingers at 1.4405.

    What are your expectations going into European and US sessions? Do you expect this sentiment to hold for the day?

    Cheers,
    TT

  2. on 08 Sep 2008 at 5:18 am2Dr. S. Sivaraman

    Dear TT

    The sentiment is a fact.But players have rised and booked profit with the emotional breakout traders and dipping now for them to sell back to players during dip and then rise from mid european session.Only players can rise or drop the market and not we or any institution.
    We will see other major gaining moves.
    Regards
    Dr.Sivaraman

  3. on 08 Sep 2008 at 5:56 am3Eli

    Good day Dr. Sivaraman,

    I agree with you about the weakening of the USD during this month. Why then, should we close on every firming up? shouldn’t we wait longer?
    Regarding your previous comment, it was very interesting. I’ll try to get your academic works. I believe that the games theory can do very well to predict the markets moves using genetic algorithms.

    Best regards,
    Eli

  4. on 08 Sep 2008 at 6:31 am4TT

    Hi Dr Sivaraman,

    Pre london open…Eur drops to 1.4355. Is this a false move? More upside?

    Cheers,
    TT

  5. on 08 Sep 2008 at 7:08 am5TT

    Hi Dr Sivaraman,

    Looks like an aggressive fall. Low of 1.4313

    Cheers,
    TT

  6. on 08 Sep 2008 at 7:31 am6Eli

    TT,

    To me it seems like a false move. I’ll go long on GBP/USD at 8:30 GMT with large stop loss distance of about 150 pips with a small position at the beginning and I’ll increase it more and more during this month on every dip.

    Regards,
    Eli

  7. on 08 Sep 2008 at 7:33 am7arsen

    why can not institutions controll market?

  8. on 08 Sep 2008 at 8:07 am8TT

    Eli,

    Nearly 140 pips for Eur drop…I don’t think it’s a false move….

    Regards,
    TT

  9. on 08 Sep 2008 at 8:10 am9Eli

    TT,

    140 pips for the big players is like the money you take with you to the kiosk to buy a condom so don’t get stress and trade without fear.

  10. on 08 Sep 2008 at 8:18 am10Dr. S. Sivaraman

    Dear Eli

    If we donot book profit they will make volatile moves and hit our stop and then rise.Now we see they are doing that.
    Regards
    Dr.Sivaraman

  11. on 08 Sep 2008 at 8:19 am11Dr. S. Sivaraman

    Dear TT
    They are known to do this - hence I suggested to trade with hedging order or stop.Now when traders are afraid to take long and they are buying to rise again
    Regards
    Dr.Sivaraman

  12. on 08 Sep 2008 at 8:20 am12Dr. S. Sivaraman

    Dear arsen
    Institutions mostly trade for their clients
    Regards
    Dr.Sivaraman

  13. on 08 Sep 2008 at 8:25 am13TT

    Dr Sivaraman,

    Do you expect the rise to 1.4420 levels today?

    Cheers,
    TT

  14. on 08 Sep 2008 at 8:50 am14Eli

    Thanks Dr. Sivaraman,

    I’ll hear to your advise. I’m booking half of my profits now and setting the other half stop loss on break even. It’s so good that the news on GB are so bad it would make it much easier to the big players to buy GBP.
    TT just trade without fears and your profits will emerge.

    Best regards,

  15. on 08 Sep 2008 at 9:20 am15Dr. S. Sivaraman

    Dear TT
    They are expected to make rise - we need to observe their moves now.because they are still making lower level condolidation with downward stop hunts- ie buying positions to get their average below the market level.
    Regards
    Dr.Sivaraman

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