29 Responses to “Expected moves for week end”

1. on 19 Jun 2009 at 5:50 am1Francesco

   Good day Mr. Sivaraman,

   do you think EUR and GBP still have upward room above yesterday’s highs?

   I though last night drop was the start of a reversal.

   Regards,

2. on 19 Jun 2009 at 6:03 am2Ahmed Hanif

   sir, you said that in some pairs spike could happen at the end of weekend. Is this statement valid for cross pairs as well like Eur/Aud pair?

   Regards,

   Ahmed Hanif

3. on 19 Jun 2009 at 6:10 am3Kevin

   today I bet there is a high probability for that extended upward stop hunt? Friday’s tend to get crazy with stop hunts don’t they?

4. on 19 Jun 2009 at 6:16 am4Dr. S. Sivaraman

   Dear Francesco
   Quick moves are expected for week end- they may make the upward spike during late European session.
   Regards
   Dr.Sivaraman

5. on 19 Jun 2009 at 6:19 am5Dr. S. Sivaraman

   Dear Ahmed Hanif
   yes the potency is there.
   Regards
   Dr.Sivaraman

6. on 19 Jun 2009 at 6:22 am6Dr. S. Sivaraman

   Dear Kevin
   No emotional betting - but the players squeeze the traders either way during week end.
   Regards
   Dr.Sivaraman

7. on 19 Jun 2009 at 7:22 am7Francesco

   Thank you Dr.Sivaraman,

   the fact that we could expect different spikes timing in different crosses is it part of the reversal process or just a strategy used from the players?

   Regards,

8. on 19 Jun 2009 at 7:53 am8vinesh

   doc what r u r views on ucad?

9. on 19 Jun 2009 at 8:28 am9Kevin

   okay thanks doctor, what bout UJ is it expected it’s continued rise?

10. on 19 Jun 2009 at 11:24 am10Dr. S. Sivaraman

    Dear Francesco
    every week we will see such contrarian moves during mid sessions to hanle the crosses differently.it is weekly affair.
    Regards
    Dr.Sivaraman

11. on 19 Jun 2009 at 11:26 am11Dr. S. Sivaraman

    Dear vinesh
    As I explained inthe webinar today -tracking the forex market together- USD/CAD we can buy during dip near low and book profit during rise above high or when they make net change of 150 pips +ve..
    Regards
    Dr.Sivaraman

12. on 19 Jun 2009 at 11:27 am12Dr. S. Sivaraman

    Dear Kevin

    Yes withe swings.
    Regards
    Dr.Sivaraman

13. on 19 Jun 2009 at 1:13 pm13Emil

    Dear Dr. Still expect spike up in eur and GBP?
    Advisable to take shorts after spike?
    Thanks

14. on 19 Jun 2009 at 1:21 pm14shoora

    Doc,
    do you think that there will be down slide during the beginning of US session and then a break higher to close the week with a positive net change?
    or do you think that the players will actually drop GBP for week end?

15. on 19 Jun 2009 at 3:10 pm15Dr. S. Sivaraman

    Dear Emil

    They are holding high to rise and induce short covering for week end.
    Regards
    Dr.Sivaraman

16. on 19 Jun 2009 at 3:12 pm16Dr. S. Sivaraman

    Dear shoora

    They made a small dip and now holding firm in positive range in EURO and GBP.They are expected to make quick moves from mid session till close - a rise move I am expecting for week end to make extended stop hunt probably for week beginning on monday.
    Regards
    Dr.Sivaraman

17. on 19 Jun 2009 at 4:00 pm17su25

    Dear Doc
    Amazing results on Live Calls given during your US session webinar. Chf hedging order also triggered, so will use the 10~30 mins rule to book profit on the sell, and run the buy order to book profit on the next rise. All on DEMO a/c.
    Thanks

18. on 19 Jun 2009 at 4:02 pm18Francesco

    Dear Dr.Sivaraman,

    what we are seeing is just a rise or a stop hunt?

    Regards,

19. on 19 Jun 2009 at 4:05 pm19Dr. S. Sivaraman

    Dear su25
    Thnaks for tracking the calls from webinar to blog.Yes we are not afraid of the market moves - we read their intentions and trade either way using hedging - a total trading solution to get rid off the market fear.Trading is simple but we unnecessarily think it is complecated and sweat and suffer.
    Wish you all happy trading for week end.
    Regards
    Dr.Sivaraman

20. on 19 Jun 2009 at 4:06 pm20mstandifer

    Dear Dr.
    This weeks calls and today’s in particular were very accurate and I am beginning to understand.

    If this is a trend reversal period and given the high possible finish in EUR and GBP, does this mean we can expect the remainder of the month to trend down for EUR and GBP?

    Regards
    Mstandifer

21. on 19 Jun 2009 at 4:11 pm21mice

    hi Dear Dr

    the 1.40 could be broken today sir ? or on monday .

    and when to start our short position starting from monday ?

    regards

22. on 19 Jun 2009 at 4:24 pm22Dr. S. Sivaraman

    Dear Francesco
    Extended rise.We will see extended stop hunt on Monday during early European session.
    Regards
    Dr.Sivaraman

23. on 19 Jun 2009 at 4:25 pm23Dr. S. Sivaraman

    Dear mstandifer

    Monday we will see the moves and then estimate.they are expected to make week beginning false move - we can understand from there.
    Regards
    Dr.Sivaraman

24. on 19 Jun 2009 at 4:27 pm24Dr. S. Sivaraman

    dear mice
    Shorting we can watch monday moves and decide- swing trade shorts can be done near high every during aiming swing trade profits.
    Regards
    Dr.sivaraman

25. on 19 Jun 2009 at 4:28 pm25Nazali

    Hi Dr

    UJ made a big drop will it recover some this session? Many thanks.

26. on 19 Jun 2009 at 4:54 pm26Dr. S. Sivaraman

    Dear Nazali

    they will also rise USD/YEN,we need to wait.
    Regards
    Dr.Sivaraman

27. on 20 Jun 2009 at 12:30 am27Melody

    su25
    fantastic & good for u…..can u help & explain how u hedged ie. what orders were placed

    thank you

    ps my internet was bad during webinar

28. on 20 Jun 2009 at 3:51 pm28su25

    I placed orders on my demo a/c to test Doc’s hedging stratgey as I do not completely understand how to “manage” the hedging order once triggered. During his US session webinar, I entered trades on Eur/USd, Gbp/Usd, Usd/Chf and Gbp/Jpy. All positions were taken at market. Hedging orders were triggered for Usd/Chf and Gbp/Jpy, while the other two were trailed with 15 pips, and closed at good profits in less than 2 hours.
    Usd/chf - I took a long @ 1.0844 and placed a hedging sell order @ 1.0814 (30 pips below entry being Doc’s standard for majors). I watched the market and noticed that after hitting a low @ 1.0763 price bounced back and after 30 mins the low was not revisited, so I closed the sell @ 1.0794, and am letting the original buy order run.
    Gbp/Jpy - I took a long @ 158.85 and placed a hedging sell @ 158.35 (50 pips below entry being Doc’s standard for [Yen??] crosses). The hedge sell got triggered and price made a low of 158.24, not giving me an opportunity to cut the sell order or to move stop to entry on the sell.
    Once price starts moving above entry on the buy, I plan to cut the hedge sell at a loss. I can either do it as soon as price starts going higher, as it has to go a min of 50 pips higher than where I cut loss to ensure that I book a net profit, OR, take profit on the buy once the high is set, and THEN cut loss on the hedge sell when price has moved lower by more than 50 pips!

    My understanding on how to manage hedging orders?
    1. If price has moved significantly in the opposite direction, watch the market and take profit at the low using the 10~30min strategy. In other words, treat the hedge order as a new order, and take profit near the low - rationale being that one would inititate a trade to buy (near the low). Then either run the original order to take profit on that, or close at a loss which is lesser than the profit booked on the hedge - so one would have a net profit.
    2. If price has not moved significantly in the opposite direction, then move stop to entry on the hedge order - rationale being that once price starts moving in the direction of the original trade, then one can book profit.

    What is achieved by hedging? One has risked 30 pips, and not “panicked” while watching price action “calmly” allowing one to take proper trading decisions! It also helps in removing “fear” as one usually refains from entering a trade soon after cutting loss for fear of losing more!

29. on 22 Jun 2009 at 6:41 am29Melody

    su25 - Thank you very much for your detailed reply!
    I will read it carefully.

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