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

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EURO and GBP are expected to make month end big moves

Posted on June 30, 2009 at 6:36 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP closed above high yesterday during US session and opened up with an upward gap during japanese session to rise towards close of japanese session.They are expected to swing and rise during European session and make another quick upward rise during early US session to make higher level swings till close as pump and dump moves for the short sellers to make higher level short covering.

Again month beginning they are expected to make higher level swings with frequent upward stop hunts and then slide .

Sell and buy position trades can be done after waiting for the second level rise during early US session to cover during slide with stop at entry in profit making sell positions.

Players created the market sentiments and now acting against the traders by going above statistically estimated theoretical resistances.

Regards

Dr.Sivaraman

37 Responses to “EURO and GBP are expected to make month end big moves”

on 30 Jun 2009 at 6:49 am1maren

Hi Doc. Please explain the difference between sell and buy/ buy and sell hedging strategy. Also, 30min/2hours strategy. Thanks
on 30 Jun 2009 at 6:50 am2Kevin

amazing call doctor. Do you have an expected price for EU and GU to hit? Can we start setting up short position trades on EU and GU once the daily net changes hit 150 and 250? Thank you.
on 30 Jun 2009 at 7:04 am3maxi

hey doc, so is this month end move just setting up for month beginning slide?? Will the slide be a big reversal next month begining? thanks.
on 30 Jun 2009 at 7:06 am4Arun Kandyal

Hi Dr.

gbp already gain 150-70 pips from opening price,do you expect short positions can be try at this level thx

Regards
Arun Kandyal
on 30 Jun 2009 at 7:12 am5shoora

Hi doc,
do you think we will see below 1.63 in GBP this week?
on 30 Jun 2009 at 7:14 am6saad

hi doc

why we still didnt see any downword stop hunt in GBP/USD thnaksss
on 30 Jun 2009 at 7:23 am7balanced

The rise happened fast in the majors and now the players are enticing the buy positions all the while looking to sell. I would say the high of 1.6742 is in for the GU. Would you agree?
on 30 Jun 2009 at 7:34 am8radha

GBP is looking good to print new highs…specially if the GDP data comes in line or better….thnx
on 30 Jun 2009 at 8:06 am9balanced

They maintain the levels in the majors with small swings down but nothing to write home about. Movement is slowlly sliding but this type of market does not really give you a chance to enter.
on 30 Jun 2009 at 8:33 am10mohi

Dear Sir,
What is the outlook for usdjpy for this week? Thanks and regards..
on 30 Jun 2009 at 8:51 am11Dr. S. Sivaraman

Dear maren
You ask in the webinar then I will explain- you can search word hedging in the blog you will see the answer as well.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 8:52 am12Dr. S. Sivaraman

dear Kevin
Thanks- yes you can short once around net permissable level is reached
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:04 am13Dr. S. Sivaraman

Dear maxi
we will see the trend set by early next week.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:05 am14Dr. S. Sivaraman

Dear Arun Kandyal
next quick rise above high you can short
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:05 am15Dr. S. Sivaraman

Dear shoora
next week.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:06 am16Dr. S. Sivaraman

Dear saad
After pump move dump move will be seen and not downward stop hunt below low.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:08 am17Dr. S. Sivaraman

Dear balanced
if all the traders taken short positions and covered their shorts now then what you say may happen.the players know the traders take average sell after intermediary drops,so they will rise again to induce margin calls to such over traders and then drop.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:11 am18Dr. S. Sivaraman

Dear radha
Yes they will make one more rise above high and then drop.They want the recent short sellers in a hurry to cut the shorts in loss.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:15 am19Dr. S. Sivaraman

Dear mohi
swing and rise.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 9:38 am20Francesco

Dear Dr.Sivaraman,

what is opinion about the relationship between position trading and swing trading?

Which is the best way to use both and maximize profits/minimize risks?

Also, I would like to ask you about EUR and AUD.
It seems both don’t have much fuel left.
But today AUD seems well bought, I remember you said commodities currencies are usually the first to lead moves and therefore to reverse.
Do you think today’s strenght is connected with the reversal move we could seen in the coming month?
Is it safe to open a short at these levels?

Regards,
on 30 Jun 2009 at 9:51 am21Hercs

Dear Dr. Sivaraman,

Your sentence………..”Sell and buy position trades can be done after waiting for the second level rise during early US session to cover during slide with stop at entry in profit making sell positions.”……….is very confusing. Is it possible for you to explain it again? I have attended your Webinars, but have difficulty understanding you so I now rely on your postings here.

Thanking you in advance.
on 30 Jun 2009 at 9:52 am22Kevin

Eu is rising back as you called thanks. Are you still expecting GU to break high as well doctor? thanks.
on 30 Jun 2009 at 9:55 am23Melody

Dear Dr. Sivaraman,

From your blog I see several times where people have asked for the past recorded webinars.

For your info, my family owns a web hosting business with servers.

As you have been very generous in sharing your knowledge, we wish to contribute in any manner we can and therefore we are willing to provide you with free hosting and service in
putting all recorded webinars on the net for any of your blog participants to access.

We are also prepared to do the compilation work if needed and update the site everytime a new webinar is recorded.

We fully appreciate that many issues addressed in the webinar are for the moment, but at the same time we are aware that they are gems in the webinar, e.g. when you talk about hedging and the principals involved in reading the market, etc. which will be useful for everyone.

If you have any other constraints please let us know and we will see what we can do.

Thank you so much for your efforts in teaching all of us.
on 30 Jun 2009 at 10:37 am24smith

Dear Doc,

what is going on in USDCHF seems to be a huge accumulating activity. Am I right? If we assume that EUR and GBP will have a trend reversal then the USDCHF is trying to reach the level of 1.10-1.12 in the coming weeks.
USDCHF weakness is a false move, isn’t it?
I had some good trade in the pair but also having position trading.

regards
smith
on 30 Jun 2009 at 10:43 am25Francesco

Dear Melody,

I am sure all the readers and listeners will appreciate your help.
In fact I really like the fact that this blog is an instrument of learning but also a way to share knowledge and help each other.
Moreover, Dr.Sivaraman’s theory is extremely effective and aims at teaching calm and patience empasizing psycology rather than mere and cold numbers.
It will be useful to have the chance to listen to his webinars again.

Thanks!
on 30 Jun 2009 at 11:02 am26Kevin

doctor you had said the players won’t allow proft for short positions from 6600 and it looks like they had an opportunity . Does this change your forecast? Thanks.
on 30 Jun 2009 at 1:54 pm27Nazali

Hi Dr

Will eur and gbp recover earlier losses and break today’s highs? Many thanks.
on 30 Jun 2009 at 1:55 pm28Dr. S. Sivaraman

Dear Francesco

When the going is good you can maximize the profit in a swing trade and hold for more than a day then it becomes position trade.
In both you can keep stop at entry once 30-40 pips profit is seen then trail the stop to maximize the profit.
EURO and AUD are expeted to make higher level swings and upward stop hunt before the drop from later part of the week.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 1:57 pm29Dr. S. Sivaraman

Dear Hercs
they made the rise during early European session and then dropped.Now they are expected to rise again and later drop from tomorrow.So after the rise if you take short above current high you can easily keep stop at entry during drop and trail the stop down to maximize the profit by week end as position trade.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 1:58 pm30Dr. S. Sivaraman

Dear Kevin
Yes
Regards
Dr.Sivaraman
on 30 Jun 2009 at 2:01 pm31Dr. S. Sivaraman

Dear Melody
The webinars are hosted by http://www.fxstreet.com and I am only a presenter.So the owner of the webinars are them.You may need to take permission from them for any such recording or display.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 2:37 pm32Dr. S. Sivaraman

Dear smith
yes
Regards
Dr.Sivaraman
on 30 Jun 2009 at 2:51 pm33balanced

The facilitators make the sell off in GU easy. The sell off happened in the GU to the tune of 300 pips without a sweep of the highs to create an entry. We had a quick run up during late Asian and early European. Then a slow consitent slide from the London session on with few and small swing rises. We did wait patiently and at the sweep of the Asian lows we went long believing the facilitators would attempt at not letting the shorts hold so easily. They tried to elevate near the end of the European session but this time the elevation failed. We always risk less than 2% of our account so we took a small loss and retired for the day. Fundamentally, the poor GBP GDP numbers must have been too much.
on 30 Jun 2009 at 4:31 pm34Dr. S. Sivaraman

Dear Nazali
Watch now the month end moves and tomorrow month beginning moves in this week- you will understand what we consider as impposible do happen during this time of monthly trend reversal.
Regards
Dr.Sivaraman
on 30 Jun 2009 at 5:52 pm35travis

so do we you still expect a rise (extended upward stop hunt) in the pound - above or near yesterdays high
on 30 Jun 2009 at 5:54 pm36travis

also what does mean by ‘covered there shorts’ - does that mean bring SL to break even - entry
on 02 Jul 2009 at 4:43 am37Melody

Dear Dr. Sivaraman,

Thank you for the clarification.

Seeing that FXStreet.com is commercial site,
I am sure they know what they are doing.

A wonderful day to you :o)

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