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

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Where the market is heading?

Posted on October 21, 2008 at 5:48 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP closed near low yesterday after the big rise and big drop.Today again they rised and holding near the middle level.AUD rised yesterday and lost the gains today.USD/YEN is holding and making subdued moves.Now the question is will there be further drop in EURO and GBP before any rise?As it appears the players could make wide range swings between high and low today and then expected to make an upward breakout.

Expected moves for today: During Japanese session a rise and then a drop and during European session a drop and then a quick rise and during  US session a quick firming up move are the potencies.Please review the market and make your additional analysis before taking any trading decisions.

Regards

Dr.Sivaraman

6 Responses to “Where the market is heading?”

  1. on 21 Oct 2008 at 6:14 am1mike

    any reversal soon?

  2. on 21 Oct 2008 at 8:11 am2Roy

    Doc, I still find it very hard to believe that you’ve never made a losing trade (as shown on i-knowindices website). It seems your forecast is almost always wrong. I know you talk of a fool-proof hedging strategy that you have so it apparently doesn’t matter if the market moves against you (I admit I did not attend your recent webinar, so I do not know exactly how this fool-proof strategy is meant to work).

    However I think that every reader who visits this blog would have to say that you have not been able to successfully read the operator’s intentions as your calls have been repeatedly wrong for weeks and even months. I’m glad at least that it doesn’t matter to you since you make money even when your calls are wrong. I’m not out to put you in a bad light, just trying to understand.

    I’m curious if any readers here are subcribers to i-knowindices and can verify whether its true that you make money regardless?

    Regards
    Roy

  3. on 21 Oct 2008 at 8:48 am3Albert

    Doc,

    You have a huge rate of wrong assessment, like the rest of the analysts. What about trying to make longer term assessments, where the chances to hit the target is higher? Can you tell us your year end EUR/USD forecast?

  4. on 21 Oct 2008 at 9:30 am4jjj

    Hi Roy

    Just to your enquiry abt Doc’s website i-knowindices, I was a subscriber (basic) for a month, they r quite expensive, It didnt help me much at all, actually I lost money, was very dissapointed as most readers r reading his blog, you will probably find more info reading others comments on this blog, so I think its a waste of your money, but its your call, we all have choices. Few traders have been doing the opposite of what the Doc suggested and they ve been quite successful.

    cheers
    jjj

  5. on 21 Oct 2008 at 11:01 am5Roy

    Hi jjj

    Thanks for sharing. When I looked at the i-knowindices website, I looked at all Doc’s trades for 2006 and 2007. Every single trade in every month seemed to be closed with profit. I find it hard to believe, although he does maintain that his trading strategy with hedging enables him to profit from “either way moves”. It’s interesting that you as a subscriber lost money. I wonder if there are any other readers of this blog who subscribe to i-knowindices who can share their experience as to whether they have been losing, or instead making profits every time (like the Doc).

    Should I go for the $10,000 premium membership?

    Regards
    Roy

  6. on 21 Oct 2008 at 11:25 am6fahad g.

    the market is heding to sarczy ass

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