53 Responses to “Higher level consolidation and rise”

1. on 23 Jul 2009 at 6:12 am1joshhh

   Hi Doc,

   will Cable be making new highs for the week. sorry i missed the webinar. If the price is remaining above yesterday’s high for 30 minutes.is it okay to go long?

   regards

   Joshi.NZ

2. on 23 Jul 2009 at 6:12 am2Kevin

   Hi doc, if I wanted to take a breakout trade on the yen cross of EU and GU but the EJ or GJ have already had massive breakouts, if the EU and GU start their breakout, can I still have a good profit trading a breakout on the EJ and GJ the same time EU and GU are breaking out? Thank you.

3. on 23 Jul 2009 at 7:07 am3Mohi

   Dear Doc,

   Thanks for another good webinar today. If GU, EU are to trade at a higher level zone soon, are you expecting USDCHF to trade at a lower zone? usdchf is pretty much doing opposite of EU for last many weeks that I am following it. Thanks and regards..

4. on 23 Jul 2009 at 7:16 am4Constantin Lucian

   Hello Dr. i know that AUD/USD always leads a rally and then it lags, so in the last week and days it made a rally of almost 300 pips so now eu and gbp will rally and aud will looks like it is going to lag behind. So as you said in your webinar will it be a good trade to short AUD/USD after a 30-40 pips rise from current levels (30-40 pips as a upward stop hunt above a round figure 0.82 where stops maybe located)? So short at 0.8230 - 0.8240? Thank you

5. on 23 Jul 2009 at 8:02 am5Mohi

   Hello Doc, also are you expecting anything special for GU following the news from retail sales in UK? Thanks again..

6. on 23 Jul 2009 at 8:04 am6carlab

   Dear Dr.: As you said chances to touch eur/usd highs at 1.4335 today or tom. Do you expect the trend continuing next week, month end? If so, where do you see it picking?Can I share your view in S&P ifyou follow it as well? Tks very much

7. on 23 Jul 2009 at 8:28 am7ange

   Dear Dr
   just a question to confirm that I am understanding your concepts - the GBP/USD has stayed above the initial high noted at the time of the webinar for more than 1.5 hours. Also it touched a new higher low about 3 times, i think… does that signal a potential rise in this pair? (which will also fit in to your predictions)
   many thanks for your time

8. on 23 Jul 2009 at 9:17 am8Melody

   Dear Dr Sivaraman, I want to follow your teaching of looking at the saxo bank hi/lo set before I decide on my trade (i.e. currency pair & long/short position).

   What I would like to know is.. when is the optimal GMT time to look at the saxo hi/lo for each session - Japanese, European and USA Sessions. Thank you Sir. A wonderful day to you!!

9. on 23 Jul 2009 at 9:46 am9Arun Kandyal

   Hi Dr
   Gbp is rising as you said, if it goes to 1.6600/30 and open short from that level is a profitable trade thx.

   Regards
   Arun Kandyal

10. on 23 Jul 2009 at 9:46 am10travis

    Thanks doc for your marvelous insights to market analysis/predictions and your ongoing teachings and support.

    Does this come from your algorithm or does it come from your experience. Have you been or are you a plsyer?
    cheers
    travis

11. on 23 Jul 2009 at 10:10 am11Francesco

    Good day Mr.SIvaraman,

    if today EUR and GBP will rise more, do you think tomorrow there might be some profit taking due to the recent rallies and the approaching week end?

    Seems like the attack to recent highs is just postponed to next week, how do you see it?

    Regards,

12. on 23 Jul 2009 at 10:44 am12BJ

    How do you get out of a hedge?

13. on 23 Jul 2009 at 11:00 am13jeff

    How do I get out of a hedge once it hits after the 30 pip drop?

14. on 23 Jul 2009 at 11:09 am14johnsund

    Good day Dr.

    My first post but have been following for awhile. Is there a place where I can go to learn the definitions of the terms you use over and over - like rise,consolidate, dip, spike, initial high, etc. Thanks for all you do.

15. on 23 Jul 2009 at 11:28 am15Dr. S. Sivaraman

    Dear joshhh
    GBP is expected to swing and rise more.
    Regards
    Dr.Sivaraman

16. on 23 Jul 2009 at 11:29 am16Dr. S. Sivaraman

    Dear Kevin
    you can do with hedging order to limit the risk.
    Regards
    Dr.Sivaraman

17. on 23 Jul 2009 at 11:30 am17Dr. S. Sivaraman

    Dear Mohi

    watch usd/chf till week end and then you will understand the moves.
    Regards
    Dr.Sivaraman

18. on 23 Jul 2009 at 11:32 am18Dr. S. Sivaraman

    Dear Constantin Lucian
    Yes- you can sell during rise in aud for swing trades.
    Regards
    Dr.Sivaraman

19. on 23 Jul 2009 at 11:33 am19Dr. S. Sivaraman

    Dear Mohi

    we need to watch the market and identify the times for such moves.
    Regards
    Dr.Sivaraman

20. on 23 Jul 2009 at 11:34 am20Dr. S. Sivaraman

    Dear carlab
    Yes expected.
    Regards
    Dr.Sivaraman

21. on 23 Jul 2009 at 11:35 am21Dr. S. Sivaraman

    Dear ange

    Yes
    Regards
    Dr.Sivaraman

22. on 23 Jul 2009 at 11:35 am22jeff

    I posted but don’t see my post.
    How do you get out of a hedge
    and
    do you still expect the eur to rise today?

23. on 23 Jul 2009 at 11:37 am23Dr. S. Sivaraman

    Dear Melody

    you can watch 10 min every 30 min to 1 hr and any 2 sessions - you will get a better understanding of market - trade at ease concept.
    Regards
    Dr.Sivaraman

24. on 23 Jul 2009 at 11:38 am24Dr. S. Sivaraman

    Dear Arun Kandyal
    Now you may decide like that -but it reaches that level reflect and see whether you will decide to sell!
    Regards
    Dr.Sivaraman

25. on 23 Jul 2009 at 11:41 am25Gregor

    Dear dr.,

    long GBP/CHF - basically good decision?

    Kind regards,
    Gregor

26. on 23 Jul 2009 at 11:41 am26Dr. S. Sivaraman

    dear travis
    A professional approach - objective analyse of past mistakes and decisions made me to develop a system of trading.mental hard work is needed to develop such solutions.
    Regards
    Dr.Sivaraman

27. on 23 Jul 2009 at 11:42 am27Dr. S. Sivaraman

    Dear Francesco

    Week end squeezing could be seen this week and next week.
    Regards
    Dr.Sivaraman

28. on 23 Jul 2009 at 12:03 pm28Neil

    Dear Doc, hope i am getting it corrrect, when you say weekend squeezing its short squeezing?

29. on 23 Jul 2009 at 12:34 pm29RK

    Dear Dr

    I have to say that We all have learnt incredibly from your analysis and webinars.I have been amazed at the accuracy and timing of your calls.

    In addition you have been kind enough to teach your methods to us.Your insight is remarkable and approach different from conventional pundits.

    Nobody is ever 100 % right but your calls have been very accurate so far.What has really surprised me is pricing is only buying and selling of currency to make a profit.I am sure that there is a lot more involved but principally demand and supply.

    Once again thanks.

30. on 23 Jul 2009 at 12:47 pm30Dr. S. Sivaraman

    Dear Gregor
    you can but use hedging as it is a very volatile cross.
    Regards
    Dr.Sivaraman

31. on 23 Jul 2009 at 12:47 pm31Dr. S. Sivaraman

    Dear Neil

    Yes
    Regards
    Dr.Sivaraman

32. on 23 Jul 2009 at 12:48 pm32Dr. S. Sivaraman

    Dear RK

    thanks for the nice words.
    This also another factor - artificial demand and supply.
    Regards
    Dr.Sivaraman

33. on 23 Jul 2009 at 1:01 pm33Rich

    Since the eur nor gbp followed as expected, does that negate the last part of the forecast or make the last part a higher probability of happening.
    Thank you.

34. on 23 Jul 2009 at 1:31 pm34carlab

    Sorry Dr. Looks like big hands playing CHF is breading down your views. Would you change your opinion for today or tomorrow based on, say, Central Banks, interventions in case that is what could be happening today? Again, I asked this morning on your views for a little bit longer term.
    Do you have any, please? Thanks very much

35. on 23 Jul 2009 at 2:16 pm35Constantin Lucian

    the problem with swiss central bank intervention is that they watch for EUR/CHF and intervene only if the swiss frank appreciates too much over euro. Last time they intervene at 1.5015 and usd/chf was around 1.0685. Now eur/chf is at 1.5230 and usd/chf at 1.0710 so to play this strategy we must watch for eur/chf when it falls below 1.51

36. on 23 Jul 2009 at 2:18 pm36su25

    Today Jpy & its crosses seem to have stolen the thunder!

37. on 23 Jul 2009 at 2:23 pm37Constantin Lucian

    yes, and when we think about 2 week ago usd/jpy had such an apocalyptic scenario after the 300+ pips drop, everyone in the market was saying levels like 90 and rapidly to 87 and break below etc….the market sentiment are short lived theory is really an important part of any strategy in my opinion

38. on 23 Jul 2009 at 2:36 pm38Dr. S. Sivaraman

    Dear Rich
    I am expecting that too to happen.
    Regards
    Dr.sivaraman

39. on 23 Jul 2009 at 2:40 pm39Dr. S. Sivaraman

    Dear su25,Constantin Lucian andcarlab
    I find now readers are able to read the market moves ahead and find the intentions of the players- this skill is needed to choose the right currency pair to grab profit quickly from the market.
    Regards
    Dr.Sivaraman

40. on 23 Jul 2009 at 2:44 pm40su25

    Dear Doc
    Are they doing circular trades in Gbp/Jpy - struggling to break 157!
    Thanks and regards.

41. on 23 Jul 2009 at 3:10 pm41jacob

    Hi doc

    usd/cad continues to get flushed with no rise, is there explanation?

42. on 23 Jul 2009 at 4:02 pm42johnra

    Dear Dr
    Today the wait was a long one but it was worth it.I traded a fractional lot each on GU and GJ.Thank you for all the trouble you take.Sometimes the signals are a bit delayed and you have to wait patiently.Together with your trading strategy they are priceless.I am very keen on learning the variations to your hedging approach.Is there a book or other source on the web where I will be able to get further information?
    Kind Regards

43. on 23 Jul 2009 at 4:23 pm43Neil

    http://www.usafutures.com/tradingrules.htm

44. on 23 Jul 2009 at 4:28 pm44jefe

    Johnra-
    I primarily trade the GJ and GU–that’s not to say I don’t trade others when the time is right. (I try and trade at least one other pair a day)

    IMHO The best way to learn to trade the crosses (G/J and E/J) is think of them as little children–watch and observe how they are moved as a result of their parents- and not the children themselves- because they can be real brats.

45. on 23 Jul 2009 at 4:43 pm45johnra

    Dear jefe
    Thanks for the advice.I have burnt my hands on many an occassion in the past.I now use Dr’s strategy to hedge and it works much better.In the last few weeks I have learnt how to interpret a rise or fall in GU together with a contrarian move on the JPY and the double effect it has on GJ.
    Kind Regards

    Dear Neil
    I used that link which is very critical of a hedge-They refer to it as straddling a loss.I dont agree.Thank you for the help
    Kind Regards

46. on 23 Jul 2009 at 4:49 pm46Rich

    Does firming up mean rising or stopping the fall?
    Curious about CAD as it “seems: to have found a bottom?

47. on 23 Jul 2009 at 5:17 pm47Neil

    In trading nothing is easy.. there is no free lunch anywhere, people like Doc who have invested years in research to get the understanding, when start going wrong they cannt understand, i dont whether you were there or not, last year Doc was telling to buy euro from 1.60 to 1.45 and it went to 1.22, so if u dont have discipline and money management no one can save u. All these things come with experince and hard work only, then people like Doc want to teach people so as they dont get same pain and guide them… sorry it couldnt help you

48. on 23 Jul 2009 at 5:38 pm48EC

    Dear Doc,

    Do you think EUR/USD can still go over 1.43 ?

49. on 23 Jul 2009 at 6:06 pm49Neil

    Now all of you would have understoood that how important is money management and profit booking…

50. on 23 Jul 2009 at 6:09 pm50EC

    Well , this just proves that market is really moved by some kind of “players” and not any kind of correlation or fundamental influence.

51. on 23 Jul 2009 at 6:11 pm51EC

    It could also be that a much bigger rise is being prepared….

52. on 24 Jul 2009 at 12:44 am52sean m

    Dr. I wish that you would give a postmortem on your previous analysis so that we can learn why what and what did not occur. You specifically stated in the webinar last night drop and rise throughout all sessions. To me this definitely did not look to be the case.

53. on 24 Jul 2009 at 3:53 am53Dr. S. Sivaraman

    Dear sean m
    Today’s post has the reply.
    Regards
    Dr.Sivaraman

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