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

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wide range swings are seen

Posted on September 23, 2008 at 11:28 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

After gaining massive levels for week beginning they are making wide range swings,off loading their positions before making further rise./They are expected to cut the high and cut the low in the process of wide range swings.Stop hunts above high is sell opportunity and drop below low are buy opportunities in big swing trades.Take positions only when they stopped cutting high or low for more than 30 min .Still keep 30 pips stops to limit the risk.Use your other analysis to read the market well and then take positions.

Regards

Dr.Sivaraman

2 Responses to “wide range swings are seen”

on 23 Sep 2008 at 12:59 pm1Tomaz

I posted a reply a few hours back stating that cable was going to 8800, but according to the ‘moderators’ it wasnt accepted as a valid comment.

My question is, what is a valid comment? is it kissing doc’s ass, saying he’s allways right? cant people disagree with his thoughts?

doc, and what is this comment of placing 30 pip stops?? do you want people to lose money? do you like losing money?

this is my last post
on 25 Sep 2008 at 6:06 am2admin

Comments are moderated before they get published to avoid spam. Your comment was published here: http://blogs.fxstreet.com/marketreadings/2008/09/23/volatile-moves-for-a-day/#comment-3286

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