12 Responses to “Narrow range swings for week end”

1. on 15 May 2009 at 8:42 am1Francesco

   Good day Mr. Sivaraman,

   don’t you think that the scarce volumes we are seeing today will make it hard for EUR and GBP to close the weekend sharply above recent highs as you expected?

   Seems like GBP still have some relative strenght compared to the EURO but both currencies are not showing yet enough strenght to perform.

   Euro GDP data could be weak according to the single countries numbers we saw this early afternoon.
   Would you agree that players could see this as the last negative surprise and therefore find the energy to push above highs once again?

   Thank you!

2. on 15 May 2009 at 9:31 am2Mohi Hossain

   Good morning Doc, what is your outlook for GBP/USD next week? Thank you..

3. on 15 May 2009 at 10:02 am3Dr. S. Sivaraman

   Dear Francesco
   there will be some pushing up towards close for week end.Regards
   Dr.Sivaraman

4. on 15 May 2009 at 12:13 pm4Dr. S. Sivaraman

   Dear Mohi Hossain
   Next week cable is expected to rise quickly above 1.53 -1.55 area.
   Regards
   Dr.Sivaraman

5. on 15 May 2009 at 2:21 pm5Constantin Lucian

   Dear Dr. , i have another question regarding gap trading. What is the right strategy to trade gap sessions,or the session that is followed after the gap ; so that you can be as accurate as humanly possible. Thank you for your time

6. on 15 May 2009 at 2:31 pm6Kevin

   Hi Doc I just wanted to thank you so much for having this blog, it’s really made a difference in my friends and my own trading. You are truly an asset in this game!

7. on 15 May 2009 at 4:33 pm7Dr. S. Sivaraman

   Dear Constantin Lucian
   make a note of the gap times.What ever be the move during the gap time is a false move- so if they rise sell near high or if they drop buy near the low - you could be able to book profit in 30 min of the following session.If the going is good your profit make maximize.Still use trailing stop inh the profit making position and maximize the profit.
   Regards
   Dr.Sivaraman

8. on 15 May 2009 at 5:21 pm8Kevin

   Oh i forgot to ask sir what do you have for the EU next open week?

9. on 15 May 2009 at 5:24 pm9Fred

   Dr. Sivaraman,

   Thanks as always for your updates. Do you still think the USD/JPY is going to move up with the GBP/USD and EUR/USD or do you think the correlation will end and the USD/JPY will move in opposite direction?

   Thanks,

   Fred

10. on 15 May 2009 at 5:52 pm10Barry

    I just came back and opened the chart. Gosh! This is not a narrow range swing anymore. This is a killing process for small traders.
    Dr. What is the purpose of the players. Do you think that we may see more downward correction next week?

11. on 18 May 2009 at 7:21 am11Dr. S. Sivaraman

    Dear Fred
    USD/YEN is expeted to firm up today and spike up on tuesday.
    Regards
    Dr.Sivaraman

12. on 18 May 2009 at 7:23 am12Dr. S. Sivaraman

    Dear Barry
    You have already - to kill the small traders and to induce others to make technical sell and buy.Then a week beginning false move and then rise they intend to make.
    Regards
    Dr.Sivaraman

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