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European session expected moves….

Posted on October 29, 2008 at 8:01 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP are expected to make a quick drop in this session before making further rise, part of massive volatile moves for the day.USD/YEN is expected to make USD gaining and USD weakening moves along with other majors unlike the contrarian moves it has been making for long time.Watch and understand how the moves vary against the expectations of the traders.Hence market continue to give surprises to traders.No realtionship or correlations of markets are permanant.

Regards

Dr.Sivaraman

2 Responses to “European session expected moves….”

on 29 Oct 2008 at 11:24 am1sean

Dear Doc ,

What do you call this wide ranging? euro//session

why?
on 29 Oct 2008 at 12:27 pm2Dr. S. Sivaraman

Dear Sean
When a pair swings between high and low freely and make either way stop hunts below low and above high of a day is called wide range swing.Normally the swings will be a drop from high 50-70 pips and then rise to go above high or vice versa on the down side near low.
Regards
Dr.Sivaraman

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