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

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Expected market moves for week end…

Posted on November 21, 2008 at 5:09 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the drop during yesterday US session against the expected rise.

Today they are expected to swing and firm up during Japanese session close, dip during European session start time and then recover further .More rise expected from mid European session.Initial drop and further rise expected during US session for the week end.After yesterday long liquidation today the short squeeze is expected.

You can use other analysis also as additional inputs to decide on your trading.Make swing trade during the session as they make session wise trending moves.Between sessions they make trend reversals and stop hunts that may affect your trading.Market may appear bearish but buy and sell trades could be the possible trades in current type of momentums we see in the market.Money management techniques are to be employed to conserve equity and to earn from market.

I will give more updates as the moves happen during the sessions.

Regards

Dr.Sivaraman

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