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

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Month end expected moves

Posted on September 30, 2008 at 5:11 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Bailout package gained the focus and the market is making volatile moves,actually it is month end move for the players to drop and buy EURO and GBP to rise from mid US session and rise nicely from tomorrow.Early European session drop is expected to be a good buy opportunity near low or just below low to hold and book profit during late US session or tomorrow during further rise.It is only market reading and please use your other analysis also to take trading decisions.

Regards

Dr.Sivaraman

2 Responses to “Month end expected moves”

on 30 Sep 2008 at 9:47 am1sean

Dear Doc,

Doc can you give you personal thoughts on the difference of the euro and usa sessions, my novice opinion is the euro session at the start can do a minor stop run (put it down to squaring the books) then when UK kick in they seem to be more directional and then an hour before US starts 8am their time it pauses, then the US session seems to wait for wall street and then it very much like the wild west.
on 30 Sep 2008 at 12:20 pm2Dr. S. Sivaraman

DearSean
We can presume as we wish,but what the players intend to do is important to us to take trading decision.The timings I have given for the sessions are based on the usage of the timings by the players.Their intentions may be as you have assumed.
Regards
Dr.Sivaraman

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