13 Responses to “Volatile moves and rise”

1. on 22 Apr 2009 at 10:54 am1Francesco

   Good day Dr. Sivaraman,

   from your recent comment you seem convinced that european currencies are having hard times to set substainable breaks upwards.

   Do you think these swing movements shall go on further with even chances to see new lows after 1,289 and 1,45 against USD?
   On a longer time frame your positive view is still intact?

   Thank you!

2. on 22 Apr 2009 at 11:49 am2Dr. S. Sivaraman

   dear Francesco
   it is not the currency but the traders find it hard to figure the market moves.the players want the traders to short but the traders are taking long and either book profit or stopout.hence the players are testing the patience of the traders before the rise they intend to do.Once they finish buying positions they rise and book profit and we call it bullish.
   Regards
   Dr.Sivaraman

3. on 22 Apr 2009 at 12:51 pm3Nazali

   Hi Dr
   When the market sells off as is happening with GBP right now, is that just fear and panic? - what is the thinking behind such actions?

4. on 22 Apr 2009 at 1:01 pm4cris jonothan

   what ever goes down, it goes up eventually mr sivaraman. is not so hard to understant that, so from 1.37 your are saying it will firm up, well it lost 8000 pis and still is under pressure, iam not saying that it will not go up, eventually it will go up but most of your readers i suppose are out of the market by now. becarefull with your timing of expressing your viws,(u.s session and etc) just express that your view for today is long or short within these levels. its a not right for people to loose money becouse someone gave you the authority to express your UNPROFESHIONAL TECHNICS and views for forex market.
   and a question for you mr, sivaraman. DO YOU INVESTS YOUR PRIVATE FUNDS IN FOREX MARKET?

5. on 22 Apr 2009 at 1:33 pm5Dr. S. Sivaraman

   Dear Nazali
   When you observe the US session moves you will understand whether the drop was to create fear,or to handle GBP crosses or genuine bearishness.To my understanding it was to create panic in market.
   Regards
   Dr.Sivaraman

6. on 22 Apr 2009 at 1:35 pm6Nazali

   Hi Dr
   How do you see Gbp/Usd and Usd/Jpy for the US session? Do you feel the markets are volatile at present and only small trades ie daily are the best option under the circumstances?

7. on 22 Apr 2009 at 1:36 pm7Gregor

   Hi Dr,

   can you share your opinion about AUD - longer term view against USD and EUR.

   Thank you,
   Gregor

8. on 22 Apr 2009 at 1:47 pm8Dr. S. Sivaraman

   Dear cris jonothan
   Thanks for your anger.I understand your concern.I suggest you and all readers to develop their own insight to take trading decions.
   I am only giving my observation and market reading along with my expected market moves.When I say intra-day drop and rise - if some one take the word ‘rise’ alone and get angry with me that means they have taken a higher level buy position and holding the position without stop or hedging order to limit the risk.I have also explained that along with forecast expectations trading strategies are needed to limit the risk and maximize the profit.
   I wish to differ from your statement - ‘unprofessional technic’.if conventional technics are the solutions then all will be following it at ease and earn consistantly from market.Innovative technic is not unprofessional.Unprofessional is acting without a plan or trying to do crisis management after the event.professionals always envisage the risk before hand and plan for such event to act promptly if unexpected happens.
   what appears conventional may not be conventional in future.if that is true then no innovation will happen in this world.
   I am presenting my analysis in simple terms and not taking the analysis as excuse for my calls.Hope I conveyed my point for better understanding of all the readers.
   it is my view point and please donot take it other wise as argument.
   You can watch the US session moves and later tell me whether my reading was correct for intra-day or not .
   I also know there are some expected moves not happening in the market- I use such info for further development of my algorithm to perfect the system.So please donot mistake me that I am wrongly guiding traders because some one has given authority to me.I am not the person to misuse the opportunity.Even in my blog or webinar I never promote my product.
   Regards
   Dr.Sivaraman

9. on 22 Apr 2009 at 1:49 pm9Dr. S. Sivaraman

   dear Gregor
   AUD is expected to rise another 400 -600 pips against USD is expected to lose slowly agaibnst EURO and GBP
   Regards
   Dr.Sivaraman

10. on 22 Apr 2009 at 2:05 pm10Ben

    cris jonothan,

    First of all learn how to type…

    All your problems would be solved if you listened to Dr. Sivaraman’s advice of keeping a Stop at 30 pips distance or a hedging order !!
    It’s useless to listen just half the advice someone gives, if you follow someone’s market views, then do it the right way, and take your own precautions, this is not a game !

11. on 22 Apr 2009 at 2:23 pm11su25

    To be fair to Doc, TODAY I am sure none (aside from Doc) expected this sudden spike in Eur/USD and USD weakness. And, this spike cannot be taken as correction either! Give it whatever name, but today Doc was right. Of course, he has been on the wrong side for a few weeks, but then the “herd” was also wrong. While this week the “herd” has been USD bullish while Doc has not cahnged his “stance”.

12. on 23 Apr 2009 at 8:32 am12j.j

    Dear Dr. sivaraman pls adv. at what time you post your view
    Regards

13. on 23 Apr 2009 at 8:37 am13Dr. S. Sivaraman

    dear j.j.
    Sorry for the delay in my posting.actually I try to post before the start of European session 04;30-6;00 GMT.At times due to other important works it gets delayed.
    I will try to post early as much as possible.
    Regards
    Dr.Sivaraman

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