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

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What the players are doing now?

Posted on July 6, 2009 at 7:58 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made a quick drop and the rised during late Japanese session.When traders jumped and take long positions near high the players quickly dropped towards close of japanese sesion and now early European session.They are expected to make swings now near low and also in USD/YEN as typical contrarian move and then firm up towards close of Euriopean session.When traders short5 expecting another drop again the players are expected to rise more to hit the stops of the short sellers on the higher side during US session.Quick moves are false moves in the market.Only taking positions with hedging order to limit the risk can help the traders to control the risk and earn from big market moves.

regards

Dr.Sivaraman

33 Responses to “What the players are doing now?”

on 06 Jul 2009 at 8:35 am1su25

Dear Doc
Is this a week beginning false move? If yes, then the drop you expect from mid week will be below this level…?
Thanks and regards.
on 06 Jul 2009 at 8:41 am2George

Dear Dr.,

In the cases of extended up/down moves, how likely is it that the players will actually go beyond the net change limit of 150 pips for EUR and 250 for GBP? In the case they may exceed the limit, to what extent will they normally do so? Thank you very much for your invaluable insight, it is much appreciated!

Kind Regards,

George
on 06 Jul 2009 at 9:50 am3Ange

dear Doc,
the fall in GBP has gone nearly 150 pips beyond the previous low. When you say it will swing around the low, do you mean the Japanese session low or the European session low? Also the drop has lasted more than 3 hours- so is this still considered a false move? I would greatly appreciate your wisdom on this.
Many thanks
Ange
on 06 Jul 2009 at 9:57 am4glen

I have to say it seems increasingly unlikely for GBP to rally to 1.66+ level this week, unless BOE gives us a very positive surprise thursday.
on 06 Jul 2009 at 10:44 am5Constantin Lucian

If i look at the market in this past 3 days including today i have a very bearish sentiment in gbp and eur, and as we know the market isn’t what it appears and players try to induce a sentiment if traders don’t take positions. Also today on monday we have false move and if at the end of the day everything stays the same all rules point to a rise in eur and gbp this week.
on 06 Jul 2009 at 11:06 am6Dr. S. Sivaraman

dear su25
npminally below these levels during week end.The quick rise will indicate the possible bottom of the season - We will watch, and then I will give the suggested levels.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 11:08 am7Dr. S. Sivaraman

dear George
In case there is lack of liquidity then they may extended the drop for another 50-100 pips but still within the weekly permissable limit.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 11:09 am8Dr. S. Sivaraman

Dear glen
we will watch the market and understand how the market surprises are given to us.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 11:10 am9Dr. S. Sivaraman

Dear Constantin Lucian
we will be able to see the intentions of the players during US session.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 11:12 am10Francesco

I agree Doctor Sivaraman,

I had to cut part of my losses to reenter long at lower prices on EURUSD, GBPUSD and GBPJPY.

Do you think next rise is a new chance to build short positions?
on 06 Jul 2009 at 12:10 pm11travis

i am thinking that predictions are really unrealistic and can be misguiding depending on a traders knowledge,experience and ability. Really we can only react to the market as we see it.
to say it will rise is correct to say it will fall is correct - if it falls quickly for 100pips - is that a false move or if it drops 300pips in a day is that a false move cause we are expecting rise..
really we can only react and not forecast - as at any minute the market will go up or down.
it is all about being experienced and reacting, it really doesnt matter which way it goes - and i think it is more harmfull to have a preconcieved idea on where the market is heading before you sit down to trade
on 06 Jul 2009 at 12:13 pm12Gregor

Dear dr. Sivaraman,
looking at the charts from friday I cannot get rid of the feeling that expected reversal (500 pips) has already happened or is still happening. In that case we can maybe see some more slide and then rise for some weeks…

Kind regards,
Gregor
on 06 Jul 2009 at 12:42 pm13Dr. S. Sivaraman

Dear Francesco
In wide range swing times alloqw them to rise and try to take sell position during upward stop hunt so that during quick drop you can cover your short with profit.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 12:45 pm14Dr. S. Sivaraman

Dear travis
there is a difference between long term expectations and intra-day expectations- when we do intra-day if we have intra-day expectations it may help.Once the going is good and we are able to keep stop at entry or keep stop to protect some profit in holding position then we can view the long term to maximize the profit.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 12:46 pm15Dr. S. Sivaraman

Dear Gregor
You may be correct we will watch and then the clarity will come from the market.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 12:48 pm16TheRumpledOne

With all due respect…

“Quick moves are false moves in the market.”

I have to disagree 100%

A move IS a move, the time it takes price makes no difference, the result is the same: priced changed X pips.

Don’t believe me? Place your stop loss or take profit. If price triggers your order, your order is filled. Doesn’t matter if price took 1 minute or 1 year to trigger your order.

PRICE IS THE SAME ON ALL CHART PERIODS.
on 06 Jul 2009 at 1:23 pm17Dr. S. Sivaraman

Dear TheRumpledOne
I am not forcing you to accept my concepts.i only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore.Thanks for your opinion.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 1:31 pm18smith

Dear Doc,

USDJPY is just falling and falling. I am very patient bacause being a position trader but we are very far away from your earlier forecast (level of 98+).
What can we expect from USDJPY this week? what can be the level to reach until Friday?

regards
smith
on 06 Jul 2009 at 1:57 pm19ejthekkan

Dear Doc
Your predictions will still work if the ISM Services Index comes positive. ie, GBP to retest 1.66 etc.
this is my wish and guess
Thanks
on 06 Jul 2009 at 2:07 pm20TheRumpledOne

“I am not forcing you to accept my concepts.i only request the traders to review the market from time to time keeping in mind my concepts and if found suitable use in the trades or just ignore.Thanks for your opinion.”

Thank you for your elegant response.
on 06 Jul 2009 at 2:39 pm21su25

Dear Doc
On Fri you wrote “From current levels about 300-500 pips drop and from the low a rise to current levels and then a rise of 300-500 rise are expected in July -Sept”. And the current levels then were around 1.6350 for gbp. The low today is around 250 pips lowers @ 1.6100. Also, the range you expect upto Sept is 1.5850 ~ 1.6850. Is this view still valid? I am a bit confused as you expect Gbp to trade upto 1.66 before the drop.
Regards
on 06 Jul 2009 at 3:04 pm22Mohi

Dear Sir,

Are you expecting usdjpy to go down further? Regards..
on 06 Jul 2009 at 3:04 pm23Nazali

Hi Dr

We are seeing a decent recover in gbp do you expect it to break today’s high by the end of the session. And will it rise more tomorrow? Many thanks.
on 06 Jul 2009 at 3:15 pm24Dr. S. Sivaraman

Dear smith
Week beginning downward stop hunt is seen in USD/YEN.The rest of the week the rise and upward stop hunts are expected.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 3:17 pm25Dr. S. Sivaraman

Dear ejthekkan & Nazali
GBP they have firmed up 100+ pips from low still they will gain some towards close.Then gap time they are expecred to use to gain level before opening high tomorrow.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 3:18 pm26Dr. S. Sivaraman

Dear Mohi

NO
Regards
Dr.Sivaraman
on 06 Jul 2009 at 3:28 pm27Ahmed

Respected Dr,
I really appreciate your insight of the markets.In the morning it didn’t follow the forecast but later it is doing as you predicted.
Can I request you on behalf of all us small traders to be a bit more elaborate about the moves in the webinar?
(You, being the master move and mind reader can react to the situation properly but we cant!)
It will help us to understand situations like today a bit better.
Regards
on 06 Jul 2009 at 3:59 pm28Chris

Dear Dr Sivaraman
thank you for you unique insight into the market movements,
I really appreciate your efforts to helping us see clarity in this market.
on 06 Jul 2009 at 4:01 pm29Chris

p.s.
are you conducting a webinar tomorrow morning?
on 06 Jul 2009 at 4:17 pm30Dr. S. Sivaraman

Dear Ahmed
I also want the followers hear to develop the skill set.I am explaining with details- in blog and webinar- I will try to be more specific with more details of how to handle the trades as well.Thanks for the feed back.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 4:19 pm31Dr. S. Sivaraman

Dear Chris
I am trying my best to give the uopdates in the blog to help small traders who want to earn from market out of necessity.
I will post about my webinar of tomorrow with link.
Regards
Dr.Sivaraman
on 06 Jul 2009 at 4:23 pm32Joseph

Hello Doctor,

I’ve heard from many sources that there is a constant “tug of war” between Bears and Bulls. This seems logical because don’t some banks (Players) benefit when a specific currency pair rises while others benefit from its decline?

However, from your teachings I get the impression that you believe that this “tug of war” is merely propaganda and that perennial Bears and Bulls don’t exist but are merely Players trading in both directions?

This infers that all banks (Players) are of the same mind set.

Can you explain that situation?

Regards
on 06 Jul 2009 at 5:06 pm33Ahmed

Respected Doctor sahib,
Thanks a lot for your reply.
I really appreciate all your efforts to eductae us and that too for free.I just wanted to ask for bit more favour
Regards

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