EURO and GBP appeared lacking strength, as usual what appears is not true in the market, they made the quick rise to give surprise to many.Now the players are making higher level swings in them to lighten their long positions and to build short positions.They are expected to make the extended upward stop hunt on Monday .I will explain the expected moves for Monday (22 Jun) during ‘Asian session: Live market analysis ‘webinar between 05:00-05;30 GMT .
The link to register for the same is given below:
http://www.fxstreet.com/live/sessions/session.aspx?id=b952eae9-0481-4b3d-92bd-b6ae4d73cedb
I will give daily Asian session :Live market analysis during next week excepting friday.
let us do more simple market analysis and get rid off the illusions that only by complex way we can understand the market.
Regards
Dr.Sivaraman
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thanks Dr.Sivaraman,
I really appreciate your insights - they are unparalleled - i am trying to tag myself along….i am hanging on evey word
you say this is an Extended rise and we will see extended stop hunt on monday - is there a difference?
Also is it correct that the trend now is down so any ‘false moves’ made now would be up..or is a false move something that maybe conatined with the overall trend- for instance false moves within the intraday trend as well - are we looking out for this - for example could the false move monday be down and then quickly rise for the extended stop hunt? - which also could be the false move cause we are really expecting a drop in the now overall downtrend- am i confused?
This has been truly an amazing week and proof to us all how the traders DO trade against us and try to fool the market. I am curious though if they might make a quick downward stop hunt to fool the market in thinking a drop in correction of Friday’s rally then once traders are short again, trap them with the upward stop hunt. Thank you so much for all your efforts in helping us traders.
dr doc.
what will be gbp going to happen this week?
thanks
Dear travis
Thanks.
Normall before every big move they make false moves to hit the stops of the traders who could book profit otherwise during that specified move.
Extended move - rise and rise and rise or drop and drop and drop for 2 hrs
extended stop hunt a very quick rise and come back to the same level in less than 30 min or a very quick drop and come back to the same level in less than 30 min.
So they are different types of market moves.
Regards
Dr.Sivaraman
Dear rebecca
new post os given
Regards
Dr.Sivaraman