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

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New month - expected moves

Posted on November 3, 2008 at 4:46 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Players dropped and hit all the stops for last month end and gap opened Euro and GBP  for the new month.Now we can understand how they are active in the market.

This month EURO and GBP are expected to gain very nicely.More rise and less drops will be the type ofm moves.

Today EURO and GBP are expected to rise during Japanese session and make a drop during gap time and then rise further during European session.Late European session they are expected to drop quickly and spike up EURO and GBP till day close during US session.

Action packed week - US election and out come,interest rate decisions in Europe and UK and also NFP data release are expected to favor othr majors to gain.

These are the expected moves derived from my algorithm and may vary in the real market condition.You are requested to watch the market and do other studies to decide upon the trades.

Regards

Dr.Sivaraman

4 Responses to “New month - expected moves”

  1. on 03 Nov 2008 at 8:49 am1sean

    Dear Doc,

    I dont always agree with your intraday forecast ,but at times during the session when you make other forecast we align and at times I align at the start ,but with you help doc I am getting much better at reading their play , you just can’t think they are always at work though. take today a gap time , bang it dropped but at times it quiet. people that dont click with your thoughts I dont think they have put in the time to go over every move in the market on a intraday timeframe as that what you are doing . Anyway doc goodluck

  2. on 03 Nov 2008 at 11:03 am2Dr. S. Sivaraman

    Deat Sean
    We need to hold over views and at times the views may be similar and need not be the same and also the derivations of the views also need not be the same even though we may think alike.That is the strength and uniqueness of views.
    Ultimately we should be able to read their play to avoid getting hurt.They act on different pairs during different time frames and if we focus on one or a few pairs we may may miss their 24 hrs act in the market.Session starrt,session close, gap time and data release time they focus on majors and during mid sessions they focus on crosses.Obnly when the price action is there in the market,traders could be induced to take position or exit.
    Regards
    Dr.Sivaraman

  3. on 03 Nov 2008 at 12:26 pm3Juan

    “This month EURO and GBP are expected to gain very nicely.”

    I don’t mean to be impolite, but I also believe it’s important to be honest. Especially so in a format like this where individual traders may actually be putting their hard-earned money on the line based upon your advice. And the fact is that you have been making this same prediction every month since the market reversed in July. Over this period, any trader who had been trading based soley upon your predictions would have seen his/her account wiped out. Several times if they kept re-funding it and following the same pattern. Maybe this time it will be correct? It has to be one of these months.

    Clearly, you are not the only one this applies to, and you are to be commended for your hard work. I like your column and admire your tenacity, dedication and willingness to always come back and face the music. Day after day. Not many in this world of self-styled gurus are so consistently accessibile as you. At the same time, I think you need to realize that there might be many (woefully inexperienced) retail traders who could be seriously affected by these regular (and often incorrect) predictions.

  4. on 03 Nov 2008 at 4:08 pm4Roy

    Juan I agree with you 100%. This has been the prediction every week and every month and it has been repeatedly wrong. Even so, I am glad the Doc is making a point these days of stating at the bottom of his blog that this is his expectation only, that actual results may vary and that traders should do their own analysis. But for sure, any uninformed novice traders will have been wiped out a few times over by now if they had traded purely according to the predictions of this blog.

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