37 Responses to “Volatile moves for week end”

1. on 17 Jul 2009 at 4:09 am1Francesco

   Good day Dr.Sivaraman,

   do you think we already saw the low for japanese session or the low will be cut again before rising during european and us session?

   Thank you!

2. on 17 Jul 2009 at 5:55 am2Dr. S. Sivaraman

   Dear Francesco

   there is a potency during European session
   Regards
   Dr.Sivaraman

3. on 17 Jul 2009 at 6:03 am3Jimbo

   Hi Doc,
   I guess too many people were holding hence the players could not rise early on Jap session. Do you think that we will cut yesterdays highs today ?

4. on 17 Jul 2009 at 6:04 am4Jimbo

   I meant holding Long hence the drop.

5. on 17 Jul 2009 at 6:14 am5Francesco

   Thank you Dr.Sivaraman

   I will wait for a dip and try to buy at lower levels

6. on 17 Jul 2009 at 6:23 am6Ahmed Hanif

   Hi doctor, can we see the 1.63 level in pound again?

   Regards,

   Ahmed Hanif

7. on 17 Jul 2009 at 6:45 am7glen

   Dear Dr,

   Do you expect GBP to go above yesterday’s highs in EU or US session today?

   Many thanks!

8. on 17 Jul 2009 at 7:28 am8Mohi

   Dear Doc,

   Do you still calculate that GU will travel to new higher level in next 1/2 weeks? Kind regards..

9. on 17 Jul 2009 at 9:10 am9Ahmed

   Respected Dr,
   Thank u very much for all the valuable information presented in the webinar.Waiting for part 2
   Regards

10. on 17 Jul 2009 at 9:41 am10Fevargas

    SUMMARIZING the Summarize
    - Watch the live market quote page at http://www.i-knowindices.com/saxo_bank.htm
    - Trade calmly and patiently.
    - DO NOT chase price & do not enter trades based on emotions.
    - All currency pairs are trade able.
    - Sole purpose of trading should be to earn profits.
    - Gap time moves are false moves.
    - Moves 30 minutes before data release/important announcement are false moves.
    -ANY TYPE OF MOVE will not be repeated for more than 2-3 sessions, 2-3 days, 2-3 weeks and 2-3 months.
    THE HAT TRICK RULE is they do not make similar moves for more than 2 sessions, 2 days, 2 weeks and 2 months. (It does not mean they need to show after 2 days of positive net change, they have to show negative net change.)
    If they rise during JAPANESE and EUROPEAN session, then slide during US session and slide during JAPANESE session, then rise during EUROPEAN and US sessions. A day rise in EUR and GBP and another day rise in EUR and GBP then 3rd day they drop EUR and GBP initially and could rise (drop) again and again for 2 days.
    Imagine if they rise for 2 days and drop for 2 days - then the market can only be in a RANGE.
    Understand they have various types of moves (RANGE(Consolidation and Accumulation), UP TREND, DOWN TREND…) and they normally do not continue the moves for more than 2 sessions, and more than 2 days, and more than 2 weeks, and more than 2 months.
    Besides we will see this time higher shift in trading zone till end August. So we will see more rise and less drop moves.
    - Take a sell position near the high set for the day/session.
    - Take a buy position near the low set for the day/session.
    If you try to take buy position near low or sell position near high “WHEN THE HIGH OR LOW ARE NOT CUT FOR MORE THAN 30 MINUTES”, then the hedging order can be only 30 pips as they mostly do 20-23 pips stop hunt and 30 pips will be safe. If your equity is good then you may use higher hedging spread like 40-50 pips.
    - Once profit is seen in an order, put stop at entry and TRAIL every 30 pips.
    - Always place HEDGING order. If the hedging order is hit, and starts making profit (20-30 Pips) within 30 minutes, then remove (CUT LOSS) on the original order and trail stops on the hedging order.
    - FALSE MOVE is a quick move towards (without cutting) the previous high/low in 30 minutes.
    - STOP HUNT is a quick move which cuts the previous high/low and goes back below/above the high/low in 30 minutes.
    - EXTENDED STOP HUNT is for 200 pips in (0:30-2:00 hrs).
    - Daily range for EURO 150 pips, weekly net change is 350 pips, and monthly net change is 600 (??) pips.
    - Daily net change for GBP is 250 pips, weekly net change is 600 pips, and monthly net change is 1200 (??) pips.
    - Weekly net change for denominator currencies (USD/JPY, USD/CHF, and USD/CAD) is 450 pips and for AUD/USD it is 300 pips.
    - 10~30 minutes RULE:
    - 30 mins~2 hrs RULE:
    30 min and 2 hrs rules can be applied based on the market moves - stop hunt and false moves are for less than 30 minutes ,extended moves are for (0:30-2:00) hrs, so once we identify the move we can act either after 30 min or 2;00 hrs.
    - Forecasts are based on algorithm.
    - Reading operators’ intention is based on their action of the past few days (derived from high/low and net change noted for past few days from the live market quote page).
    - ONE SIDED MOVES can be seen in denominator currencies for 2-3 days.
    - USD/CAD is the LEADING indicator.
    - AUD/USD rises slowly but drops fast.
    - AUD/USD leads during the rise, but during trend reversal, it lags.
    - During trend reversal EUR/USD and GBP/USD will see an extended stop hunt but will not be followed by AUD/USD.
    - Watch all 6 pairs for 30 minutes at start of session.
    -DON’T DO: Some traders sell during drop thinking that it can drop more and then, they buy against their lower level sell at a higher level when quickly the market rises. That is SHORT COVERING - similarly some traders buy during rise and they sell their position at lower level fearing further fall that is LONG LIQUIDATION- the players make the moves in such a way to induce short covering and long liquidation alternatively from time to time.
    SO AVOID SUCH EMOTIONAL TRADES.
    This list is only a recap, and details can be searched in Doc’s blog.

11. on 17 Jul 2009 at 10:27 am11vinesh

    Doc, will we see UCAD rise?

12. on 17 Jul 2009 at 10:49 am12Chris

    well done Fevargas, good summary. once youve gone through the list you would be in next week!

13. on 17 Jul 2009 at 10:56 am13Dr. S. Sivaraman

    Dear Jimbo
    there are several reasons for the slide - they players want to attract fresh selling from traders,want to induce long liquidation or they are lightening their positions.We will know during next move their intentions revealed.
    Regards
    Dr.Sivaraman

14. on 17 Jul 2009 at 10:58 am14Dr. S. Sivaraman

    Dear glen
    Quick dip and rise moves are expected during US session.
    Regards
    Dr.Sivaraman

15. on 17 Jul 2009 at 10:58 am15Dr. S. Sivaraman

    Dear Mohi

    Yes expected during next week.
    Regards
    Dr.Sivaraman

16. on 17 Jul 2009 at 11:00 am16vinesh

    Doc what are your views on UCAD and UJ in the coming week

17. on 17 Jul 2009 at 11:03 am17Dr. S. Sivaraman

    Dear Fevargas
    Thanks for the summary of the concepts presented for the benefited of new readers.
    Regards
    Dr.Sivaraman

18. on 17 Jul 2009 at 11:04 am18Dr. S. Sivaraman

    Dear vinesh
    yes
    Regards
    dr.Sivaraman

19. on 17 Jul 2009 at 11:09 am19Rich

    When to remove an order if it doesn’t get hit as in the case of CHF now?
    It is already at a target.

20. on 17 Jul 2009 at 12:59 pm20Neil

    Hey Doc, where we could go in euro in coming days? It is getting sold of on the upper bollinger band.. so move above 1.43 seems to be very tough… do you agree ?

21. on 17 Jul 2009 at 1:04 pm21Tarun

    doc, as we saw a rise in euro and gbp in gap time will they end dropping more(cutting low again ) in US session ?

22. on 17 Jul 2009 at 1:31 pm22joshhh

    Hello Doc,

    Good Calls Today. I have better understanding of your strategy now. made my daily pips..so happy as larry…

    thank you so much. this was the first week that every day i made consistent 50 pips everyday by just following you.

    hope to have enough funds one day to join you membership programme.

    can not thanks you in words.

    regards,

    Joshi.NZ

23. on 17 Jul 2009 at 1:33 pm23D1

    Dear Doctor,

    Great call today on the USDJPY pair. I must say sometimes the accuracy of your predictions can be uncanny

24. on 17 Jul 2009 at 1:35 pm24Francesco

    Dear Dr. Sivaraman,

    I want to thank you for your insights, this week very valuable as always.
    I would like to ask you more about USDCAD.
    Considering the potency of EUR,GBP and AUD to make new highs soon, do you still think that USDCAD can bounce after the downmove we saw this week?

    Usually CAD is strong when EUR and GBP also have good performances.

    Regards,

25. on 17 Jul 2009 at 1:44 pm25Hammad

    Hello Dr can you please tell me your view about euro/cad pair . Do you see it downwards further `? And please tell me about Usd/cad as well

    Regards.

26. on 17 Jul 2009 at 2:11 pm26Dr. S. Sivaraman

    dear Rich
    Limit orders can be modified after 30 min when they market is near to it and not filling it - the modification can be for only 10-15 pips.
    Regards
    Dr.Sivaraman

27. on 17 Jul 2009 at 2:13 pm27Dr. S. Sivaraman

    Dear Neil

    What appears tough once might become easy after some time frame.We can watch the market and see how far they are rising.
    Regards
    Dr.Sivaraman

28. on 17 Jul 2009 at 2:15 pm28Dr. S. Sivaraman

    Dear Tarun
    Gap time moves are false moves.they will make a move opposite of it during the session at least for 30 min.
    Regards
    Dr.Sivaraman

29. on 17 Jul 2009 at 2:17 pm29Dr. S. Sivaraman

    Dear joshhh
    Thanks
    Focus on your earnings that is your main objective.Later you may join and that is not an obligation at all.Still following the market you should be able to make money.
    Regards
    Dr.Sivaraman

30. on 17 Jul 2009 at 2:18 pm30Dr. S. Sivaraman

    dear D1

    thanks.I hope one day all the readers develop the right insight and trade without fear and distractions at ease.
    Regards
    Dr.Sivaraman

31. on 17 Jul 2009 at 2:21 pm31Dr. S. Sivaraman

    Dear Francesco

    denominator currencies one by one are expected to make more and more contrarian moves to that of the numerator currencies.But they are expected to rise alternatively with numerator currencies.
    So USD/CAD is also expected to rise.Then we may see many calling the market is erratic and illogical.
    Regards
    Dr.Sivaraman

32. on 17 Jul 2009 at 3:13 pm32Hammad

    Dr I am looking forward for your reply …Kindly provide the useful information about Eur/Cad.

    Regards.

33. on 17 Jul 2009 at 3:24 pm33Ahmed

    Rspected Dr,
    Just to say thank you for explaining your hedging strategy in the webinars today.Your insight of the market is very unique and second to none.
    Have a nice weekend.
    Regards

34. on 17 Jul 2009 at 4:24 pm34noons

    Dear DR, the big move down caught me off guard. I guess the big rise will not happen today in G/U. Do you think it might happen on Monday or are we likely to have more down stop hunts before reaching the highs.
    Thanks for your help.

35. on 17 Jul 2009 at 4:33 pm35Dr. S. Sivaraman

    dear Ahmed
    Thanks
    regards
    Dr.Sivaraman

36. on 17 Jul 2009 at 4:42 pm36jimbo

    Hi Doc I guess the chances of GBP rise is limited for today ?

37. on 19 Jul 2009 at 11:23 pm37prochargedmopar

    Fevargas,
    Thankyou very much as I am not able to listen in most of the time because of work schedule….
    Thanks also to Dr. SS for the info.

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