9 Responses to “Extended downward move before the extended upward move”

1. on 27 Mar 2009 at 1:32 pm1Barry

   Thanks Dr,
   I hope you will be right. No falling stones, just up and down. Players are werewolves and forex is really an amazing market to trade.
   Regards.
   Barry

2. on 27 Mar 2009 at 1:58 pm2jason

   Hi Dr

   Thank you for your posting.

   ONe other question though.

   Where do you think the eur will spike up to today ?

   Is the eur uptrend over ?

   Will it continue to go up next week ?

   Appreciate if you can share your views.

   cheers
   jason

3. on 27 Mar 2009 at 3:29 pm3jason

   Hi DR

   Guess you must be busy as you have not replied.

   Can I find out whether you still feel the eur will spike up today during the closing of european session and us session ?

   I just need to hear your opinion as I am long the eur.
   If its wrong, I will just have to cut and get out.

   Appreciate if you can revert on your comments.

   Looking forward to hearing from you.

   cheers
   jason

4. on 27 Mar 2009 at 3:55 pm4saud

   that won’t happen today Doc,
   it’s already US session’s mid, no rise, no spike, nothing.
   just oversold downward moves, you must be dreaming for the spike right now at this moment, lol

5. on 27 Mar 2009 at 4:36 pm5Dr. S. Sivaraman

   Dear barry,jason and saud
   EURO is expected to make the upward move in this session.Being week end they will create tension for long holders as well by cutting the low and buying all the stops.They are expected to open high and rise for last 2 days of this month and rise more during next month so quickly.
   Regards
   Dr.Sivaraman

6. on 27 Mar 2009 at 4:45 pm6jason

   Hi DR

   Thank u for your comments.

   I hope u are right.

   But with only 3 hours left in this session, it doesnt look like the eur will rise from here.

   I am also not sure whether it will rise next week.

   But I hope you are right.

   cheers
   jason

7. on 27 Mar 2009 at 4:52 pm7jason

   HI dR

   Sorry that I am sounding so skeptical about all this.
   Feeling a bit demoralised as I am caught out in my long eur position.

   Do u think I should just get out her ?

   If you mention that the eur is to rise for first 2 days of next week, where is it likely to rise to ?

   Will there be a new season high as you have mentioned earlier for the eur next week ?

   Appreciate if you can share your views further.

   cheers
   jason

8. on 27 Mar 2009 at 6:24 pm8saud

   market is dead sleep, not moving much, all we can do now is wait for next week, maybe then we’ll see a spike, but i doubt it

9. on 27 Mar 2009 at 6:30 pm9saud

   lol, i saw a little spike right now say i write, but it’s just toooo small, maybe it will rise

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