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

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EURO and GBP are expected to firm up and to make sudden drop

Posted on January 27, 2009 at 8:45 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Now after the rise in EURO and GBP yesterday and today during European session start time,the bullish feel is developed in the market.But the players are expected to drop from mid European session and firm up during gap time before US session and then slide again during US session to discourage long holders to hold the positions expecting more rise.Tomorrow again they are expected to make wide range swings without making further rise- a process for them to book profit in their lower level longs and then get the margins released to make fresh buys and rise further the market.

Alter nate feel of bearish and bullish sentiments of the market is to confuse the traders when they have the tendency to accept what is visible in the market is true.But the players drop the levels and buy when traders get the bearish feel and rise the market to sell and book profit in their lower level buys,but the traders buy at higher levels with bullish feel at that time.

Understand the players intentions and then trading becomes child’s play.

Regards

Dr.Sivaraman

8 Responses to “EURO and GBP are expected to firm up and to make sudden drop”

on 27 Jan 2009 at 10:54 am1saad

Dear Doc

really you are having good knowladge of trading idea . i like the way you are writing without level and numbers.

this sentance == Understand the players intentions and then trading becomes child’s play.

REALLY belongs to you

note: still i’m confuse about EUR/GBP
thnakss

saad
on 27 Jan 2009 at 12:37 pm2sean

“childs play” Doc I’m a fan but I just looked at it’s not April Fools Day ..
on 27 Jan 2009 at 4:02 pm3Ben

Dear Dr.

Thanks for your invaluable comments.
By your comments lately, you expect rise in EUR and GBP in the comming days, and i’d like to know if you expect some contrarian moves too, like rise in USD-JPY and USD-CAD, during the same days ?

Thank you
on 27 Jan 2009 at 5:22 pm4Dr. S. Sivaraman

Dear saad
The levels are shown as the highs and lows in live market quote page.if we relate our study with reference to today’s low and high as support and resistance,we will be able to make the trades at ease- then it becomes ‘child’s play’ for us.Since we are more used to the highs and lows of season using charts we find it difficult to understand intra-day moves of the market.The market perceptions bring in all the differences.
Regards
Dr.Sivaraman
on 27 Jan 2009 at 5:24 pm5Dr. S. Sivaraman

Dear sean
We should not simply assume apparently any thing as true.We need to explore and understand the truth.Long term readings will give us the true insight.
Regards
Dr.Sivaraman
on 27 Jan 2009 at 5:39 pm6Dr. S. Sivaraman

Dear ben
There will be massive rise in EURO and aggressive rise in GBP from second week of Feb.Till that time there will be more wide range swings in the market.This year we will see more contrarian moves to adjust the crosses to their optional levels.
Regards
Dr.Sivaraman
on 27 Jan 2009 at 6:10 pm7Bill

Hi Dr S,

Can you advise please of any potential rise in EUR/AUD & EUR/NZD from now until second week of Feb?

Thanks,

Bill
on 28 Jan 2009 at 11:08 am8Dr. S. Sivaraman

Dear Bill:
EURO/AUD and EURO/NZD are expected to make swing and slide moves as Euro is expected to slide some before further rise.
Regards
Dr.Sivaraman

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