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

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Either way aggressive moves …

Posted on September 8, 2008 at 8:52 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

When the traders jumped into buy in Euro and GBp as breakout trades the big players soled their long positions to the emotional traders and done the aggressive stop hunt as well so quickly .Now they will rise and traders will be afraid to buy near low.This is their strategy of making market moves.Near low are buy opportunities to trade with 30 pips stop or hedging order to see the spike again during European session close and US session.hence I mentioned we need to focus on our trades and not the news or data they create sentiments and are short lived.But the market will make the moves later but we need to have the position to take advantage.hence if we keep stop at entry once the position makes profit if not interested in booking profit- so that atleast we donot make loss.Then once the final buy is not closed at entry we will see the profit is captured nicely.

Regards

Dr.Sivaraman

16 Responses to “Either way aggressive moves …”

on 08 Sep 2008 at 9:10 am1jason

Hi Dr

According to your latest posting, are you trying to say that gbp and eur will rise from here soon ?

cheers
jason
on 08 Sep 2008 at 9:15 am2Dr. S. Sivaraman

Dear jason
Once they stop cutting the low for 30 min the rise they will make normally to make the market swing.
Regards
Dr.Sivaraman
on 08 Sep 2008 at 9:38 am3vern

Hi Dr

So do you see this rise reclaiming the earlier highs on these pairs?

Regards,

Vern
on 08 Sep 2008 at 9:44 am4TT

Hi Dr Sivaraman,

I hope you’re right. Buying on drips after the Asia high, would have meant every stop loss order at 30 pips below would have been hit.

Regards,
TT
on 08 Sep 2008 at 10:33 am5Dr. S. Sivaraman

Dear vern

They rised quickly and dropped and cut the low again.So it will take time to rise again after lower level consolidation during next session.nect trigger is needed now to make the market appear as if it is moving in tandem with data.
Regards
Dr.Sivaraman
on 08 Sep 2008 at 10:35 am6Dr. S. Sivaraman

Dear TT
We cannot trade like that.We need to wait for 30 min atleast to understand the intentions and then only can take position.if we use hedging then either way trading opportunity could be there.
Regards
Dr.Sivaraman
on 08 Sep 2008 at 10:44 am7jon

Dear Dr,

Do you expect gbp/usd to stabilise above 1.90 by December?
on 08 Sep 2008 at 10:50 am8RK

Hi Doc,
Whats your forecast for GBP/JPY for this week and this month?
on 08 Sep 2008 at 10:59 am9vinesh

Dear doc, equities are set to open with a bang today after the Fennie Freddie take ove. What effect would that have on the EURO. If equity markets start firming up that would firm up the dollar and thus decline in all majors against the dollar. DOllar index is already cutting all resistence EURO already cut the lows from Friday and now is consolidating do we expect another shot at lows and perhaps new lows and is there any catalyst for the EURO to rise?
on 08 Sep 2008 at 12:12 pm10Dr. S. Sivaraman

dear jon
In Nov -yes,in deoember I am expecting fall in GBP
Regards
Dr.Sivaraman
on 08 Sep 2008 at 12:14 pm11Dr. S. Sivaraman

Dear vinesh
I donot relate markets - there are times when dow rised Euro also rised and also when down drop Euro rised.When we relate the market and take positions the players will view it differently.We need to focus on the moves to take positions
Regards
Dr.Sivaraman
on 08 Sep 2008 at 12:26 pm12sean

Dear Doc,

Are you saying you don’t take in the wall street session when trading at least the yen /crosse’s, what about your algorithm?
on 08 Sep 2008 at 1:04 pm13Dr. S. Sivaraman

Dear sean
Can you give me the true relationship between Yen crosses and wall street -stock markets…do you think the money come from japan for Dow to rise or fall- or do you think when EURO/YEN goes up wall street has to go go up- so the Euro is coberted to USD to pump up stock market ?
They are coincidances.
Regards
Dr.Sivaraman
on 08 Sep 2008 at 2:33 pm14jari

hi dr

what u expect next? and what about tonghit in japaness trading?

thanks
on 09 Sep 2008 at 2:39 am15pho

Hello all.

I expect a possible reversal on the USD to the downside (retracement to the 77.50 level). The majors should rise significantly without any volatility we have seen in the past month. I have no idea when this will happen but it will soon. USD made a blow-off top today and is nearing the resistance level which may signal an end to the USD rally. However, should the USD continue to show strength and break above the 80 barrier, it’s time to get defensive; set stop-losses, or hedge your bets or change your buy/sell strategy.

I’m expecting the EUR/USD to bottom @ 1.39-1.40. The recent decline is too over-extended.
on 09 Sep 2008 at 7:45 am16Dr. S. Sivaraman

Dear pho
Yesd there is a posibility of big down and up move today or tomorrow.
Regards
Dr.Sivaraman

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