FX Market Readings

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

Or subscribe via email:

Webinar Recording Series: My Trading System

I - II - III - IV - V - VI - VII - VIII - IX - X

FXstreet.com Weblogs

Links

Expected moves for week beginning…

Posted on November 10, 2008 at 7:29 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP opened higher and firmed up during Early Japanese session to slide during late Japanese session.Now during Early European session they are expected to make one more drop and then rise from mid European session through early US session and then swing either way till close of US session.

Wide range swings are expected for today giving either way trading potency.

More promising rises are expected in EURO and GBP from mid week.

Regards

Dr.Sivaraman

2 Responses to “Expected moves for week beginning…”

on 10 Nov 2008 at 8:22 am1sean

Dear Doc,

The 4 and 1 charts suggest to me that their has been building positions but I dont know which way today , like you said if news ect goes against them they still drop position and reverse and still profit albeit not as much and I think this week will be that kind of week with last week all top data release they made their drop and profit so know I am leaning with you that this might be rise time with a drop here and their to book profit and build more position.
on 10 Nov 2008 at 12:34 pm2Dr. S. Sivaraman

Dear Sean
They are buying near low and booking profit near high
Regards
Dr.Sivaraman

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.