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

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Expected upward spike (is happening) has happened

Posted on June 5, 2009 at 12:47 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the downward drops for 2 days just to discourage the traders to hold long positions and the players accumulated their sells and now they are  expected to spike up and book profit.During the process they will book profit and that may appear the market is dorectionless- once the traders who jumped into the traders after the rise are expected to be stoppedout and then the players are expected to continue the rise.

USD/YEN has commenced its expected reversal.EURO and GBP are expected to rise along with it to make contrarian moves and then slide later when USD/YEN continue the rise with swings.

Rehards

Dr.Sivaraman

16 Responses to “Expected upward spike (is happening) has happened”

  1. on 05 Jun 2009 at 12:56 pm1Chris

    so operators are just shaking the long traders out 1.6050 to take it up for them to book profit and off load more of their longs from way down .

  2. on 05 Jun 2009 at 12:59 pm2Nazali

    Hi Dr

    So we are now seeing a downward stop hunt which is quick and for US session we will see a rise in eur and gbp - can you say around what level will be the max - to enter short? Many thanks

  3. on 05 Jun 2009 at 1:20 pm3Dr. S. Sivaraman

    Dear Chris
    they have made the big moves either way to hit the stops of the traders.they have rised the denominator currencies.they will rise EURO and GBP as well again.This is how they make moves in the market against the traders all the time.
    If the traders wait and take positions after the data they make this sort of moves and still earn money.
    Regards
    Dr.Sivaraman

  4. on 05 Jun 2009 at 1:21 pm4Nazali

    Hi Dr

    Is the huge drop in eur a gap time false move -will it rise later? Many thanks

  5. on 05 Jun 2009 at 1:22 pm5Dr. S. Sivaraman

    dear Nazali

    They are expected to again make quick rise after buying all stops to hit the stops in crosses on the higher side.
    Regards
    Dr.Sivaraman

  6. on 05 Jun 2009 at 1:29 pm6Nazali

    Hi Dr

    one more question - what level would be a good level to short eur or gbp? Many thanks.

  7. on 05 Jun 2009 at 1:31 pm7Francesco

    Dear Dr.

    Such rapid moves are always good chances cause most of them are false moves.
    Being contrarian in these cases, ie buying low and selling highs, is very often successful.

    I wonder how players practically can make these both sided fast moves happen.

  8. on 05 Jun 2009 at 1:35 pm8Mohi

    Hello Sir,

    Is this the reversal you expected next week, came early for gbpusd, eurusd? Thanks again..

  9. on 05 Jun 2009 at 1:46 pm9Chris

    hello again doc. is the rest of the us sess going to be swings or raise or slide GBP or spikes
    thanks

  10. on 05 Jun 2009 at 1:52 pm10Nazali

    Hi Dr

    eur is doing a downward slide - is this to give a bearish feel so traders will short? how much upside could there be for the rest of the day? Many thanks

  11. on 05 Jun 2009 at 2:45 pm11Dr. S. Sivaraman

    Dear Nazali

    We may see 1.42 in EURO and 1.63 in GBP during extended stop hunt before the next level fall.
    Regards
    Dr.Sivaraman

  12. on 05 Jun 2009 at 2:47 pm12Dr. S. Sivaraman

    Dear Francesco
    Players are aggressive in squaring their positions during week end and hence they make more wild moves to exit from their positions with maximum profit.
    Regards
    Dr.Sivaraman

  13. on 05 Jun 2009 at 2:48 pm13Dr. S. Sivaraman

    Dear Mohi
    Yes - I have given the new post about that.
    Regards
    Dr.Sivaraman

  14. on 05 Jun 2009 at 2:49 pm14Dr. S. Sivaraman

    Dear Chris

    more swing and slide- the players are buying now against their sells.
    they will rise after completing the buys.
    Regards
    Dr.Sivaraman

  15. on 05 Jun 2009 at 2:53 pm15Dr. S. Sivaraman

    Dear Nazali

    The players trapped the short sellers during early part of trend reversal.When traders turn long quickly they players also quickly made the trend reversal moves early.
    Hence I was giving the calls last year from start of trend reversal time sell and buy trades - but many lost the patience and said I have given the calls early.But this time I want the visible trend reversal to set to give sell and buy calls but the players made the moves ahead.There always a gap between the cup and the lip.
    Regards
    Dr.Sivaraman

  16. on 05 Jun 2009 at 5:56 pm16lq

    Hi Dr,

    How will you react you news when two pieces of news comes out with 1 negative and another positive. For instance, the today’s non payroll came out positive but unemployment rate went negative. Lastly, how will the recent negative report and the non farm payroll affects the dollar in long term? Thanks in advance

    Regards,
    LQ

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