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

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Expected moves happened - What next?

Posted on September 18, 2008 at 4:53 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the unassuming rise after very volatile up and down moves seen during Early US session.

Now EURO and GBP are expected to slide during late Japanese and firm up moderately during Early European session and then slide again during late European and US session start and then spike up to catch up the losses during later part of the US session.These are the expected moves only.Please use your other analysis also to decide upon your trades.Third level drops ( 3rd time cutting the low quickly and rise above second level low) are buy opportunities.They are expected to drop mainly to hit the stops of the higher level buyers and breakout traders and then rise.

Regards

Dr.Sivaraman

3 Responses to “Expected moves happened - What next?”

on 18 Sep 2008 at 6:06 am1Eli

Dear Sir,

It seems that the big players tries very hard to get rid of long holders espacialy in AUD/USD. Does it mean that the AUD is about to introduce the biggest raise? or is it related to crosses handling?

Regards,
Eli
on 18 Sep 2008 at 9:04 am2sean

Dear Doc,
How would you describe the intraday trading the this week, I have been trading 4 months and this is very volatile, is this the normal.
on 18 Sep 2008 at 9:07 am3Emil

Dear Dr. How do you see USD YEN today? Will it rise in contrarian move along with Euro - back up to 107 level over the nest few days?
thanks, Emil

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