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

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Wide range swings started

Posted on November 25, 2008 at 14:40 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the quick upward move for negative US GDP data.But many times we have seen for negative US data risk avertion was given as excuse and EURO and GBP dropped.This is how the attributes change from time to time to trap the traders.When all turn long for a breakout trade players could try to drop and hit their stops in a quick run and then continue the rise.Today US session they are expected to do that as surprise to the breakout traders.

Tomorrow they will make still wide range swings to confuse traders and then trap the short sellers.

Regards

]Dr.Sivaraman

3 Responses to “Wide range swings started”

on 25 Nov 2008 at 4:49 pm1tim

Doc, why is AUD not moving with the EUR, GBP and CAD as risk appetite seems the reason for the rise in these dollar pairs
on 25 Nov 2008 at 5:10 pm2Dr. S. Sivaraman

Dear Tim
AUD will also rise tomorrow.Here after any rise we can call “risk appetite” and drop “risk avertion”.Later further new names will be given for this sort of rise and drops from time to time.
We will also use the names what ever they give and get ourselves trapped again and again with their new names for market sentiments and their act againt the traders sentiments.
Regards
Dr.Sivaraman
on 25 Nov 2008 at 10:25 pm3sean

Dear Doc,

Nice work Doc, they are killing it from the longs late friday

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