Operators' intentions read by 
EURO/GBP had the upward move quickly on daily basis and all envisage parity in them.But we know just four months ago AUD was making similar moves - close to parity and hammered in a very big way later.So a similar situation is seen in European crosses.EURO/CHF made the quick rise earlier and now correcting.GBP/CHF was making similar moves and correcting.Finally EURO/GBP will correct in a big way consistantly before the close of the year.But those seen new highs in it were shorting and stoppedout or covered their shorts.This sort of extreme breakout moves help the players to earn handsome money for the season.In this process GBP is expected to gain from next week more and more pips than EURO to make the downward spiralling move in EURO/GBP.Now you can understand how the players made massive moves in YEN crosses earlier and now turn for the European crosses.
Regards
Dr.Sivaraman
Dear Dr.
Great forecast today, guessing the slide in EUR. Congrats !
So, you think tomorrow we’ll see further rise for weekend ?
Is it any particular level you expect the trend to reverse ?
Thank you very much.
Dear Dr.
Great forecast for today!
Do you expect more slide on EUR and GPB or recover in late us?
Regards
Roy
Dea Ben and Roy:
I will give in my next post for today for tomorrow the week end moves.
Regards
Dr.Sivaraman
Hello Dr,
I want to how long to leave the order for the GAP time strategy before removing, if not executed. Till the end of the session or when? Thanks
Regards,
RSK
Dr. S,
Taking into consideration your expectations “GBP is expected to gain from next week more and more pips than EURO to make the downward spiralling move in EURO/GBP”,at what point would you see this downward trend halting?
Thank you.
Regards,
Bill
Dear RSK
Gap time trades - the position has to be taken during Gap time (30 min before the start of the session) and should be close in first 30 min of the session,or you can keep strop at entry in the position and trail it to maximize the profit during that session.
Regards
Dr.Sivaraman
Dear Bill
EURO/GBP is expected to slide from 0.95 area to 0.90 area slowly and till reaching 0.82 the drop will be massive.More drop expected during Jan 2009.
Regards
Dr.Sivaraman
Dear Dr. S,
As you rightly predicted the EURO/GBP slide occured today.
I believe this is partly due to the ECB and its respective EU economies continuing a state of ‘denial’ in respect of a recession being existant.
But while you predict EURO/GBP slides could extend to 0.82, and possibly more during Jan 2009, others commentators predict a EURO/GBP ‘parity’ come January 09.
My question;
Is the ‘parity’ argument a traders ‘hidden agenda’ based upon ’sentiment’, ignoring the real factors that dictate the currency markets?
Kind Regards
Dr.Sivaraman
Dear Dr. Sivaraman,
I am sitting on a loss of CHF 70000 after converting all my CHF saving into GBP and later I did more forward deals in order to leverage the loss 1st dela and now all deals maturing from next week with some more loss. At this point not knowing what to do. I will greatly appreciate your kind expertise advise on GBP/CHF future rate.
Kind regards,