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

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handling crosses

Posted on September 22, 2008 at 14:38 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

After the rise the crosses are being handled for week beginning.Besides the players are holding high and booking profits in EURO and GBP.So they could slide tomorrow and then firm up again from mid week.These are only expectations and I request the readers to do other analysis also and then take trading decisions.

Regards

Dr.Sivaraman

3 Responses to “handling crosses”

on 22 Sep 2008 at 2:44 pm1Scott

Can you please explain what you mean by “being handled”?
thank you
on 23 Sep 2008 at 2:02 am2sean

Dear Doc,

You say you hope they give the carry trade another name, why?,
you think they just play the cross’s for earning off the retailer’s loss’s and not the yield?
on 23 Sep 2008 at 6:01 am3Dr. S. Sivaraman

Dear Sean
When compared with the rise or drop the yield is very less in holding cross positions.They give small profit when traders take positions in the crosses and then take away big money from them.Hence I suggest traders to trade in EURO and GBP only if their equity is less.
Regards
Dr.Sivaraman

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