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

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Week end volatile moves

Posted on July 24, 2009 at 3:49 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the swing and rise move and finally made the upward spike during mid US session as expected.But when many traders jumped into breakout trade taking long positions at higher levels from the players, the job became easy for them to drop and hit the stops of the higher level buyers.Players trap alternatively hence I have suggested to keep stop where ever you want to book profit in profit making position and then maximize the profit- or grab the profit and re-enter during next drop - market means swings .

Today EURO and GBP are expected to recover from the dropped level during japanese session ( a downward stop hunt and rise) and rise quickly during European session with swings.Volatile moves are expected during US session - during start a drop and then quick rise and spike up moves towards close of the session for week end.

Regards

Dr.Sivaraman

58 Responses to “Week end volatile moves”

on 24 Jul 2009 at 3:55 am1Tarun

Good Morning Doc, are you expecting E/U and G/U to cut yesterdays high ? And what about your view on Usd/Yen ?

Thank you
on 24 Jul 2009 at 4:17 am2Mohi

Dear Doc,

Excellent call yesterday as usual. Thank you very much.

Are you expecting big moves along with UK GDP news? I guess normal rule applies before and after the news. Are you expecting GU to go into new level today or next week? Kind regards..
on 24 Jul 2009 at 4:52 am3Raja Hammad

Hello Dr good calls for the eur and gbp from the last couple of days ….I want you to tell me about usd/cad …as you said yesterday that it will firm up but it went down…Do you see it down further`? And please tell me about eur/cad if you can.

Thanks
Regards.
on 24 Jul 2009 at 5:33 am4Arun Kandyal

Hi Dr
If the players form a new high today in gbp then i believe they wil drop more gbp on monday as false move to trap trader and rise more after the drop next week because this moday they have rise and then drop and again rise.please give your views thx.

Regards
Arun Kandyal
on 24 Jul 2009 at 5:38 am5Neil

Dear Doc, when the forecast like yday comes just opposite to your expectation, then does it tells that forecast can be unward down then other tools of trading which you recommend like hedging, trailing etc has to be used? Do you think one cannt depend on forecast algorithm model only?

Secondly, as you expect today to rise from lows, it is happening in slow motion, so will they rise again to yday high?

Many Thanks for your great work and efforts
on 24 Jul 2009 at 5:38 am6joshhh

hi Doc,

Net change on your website shows highs & lows including gap time moves. so level gained in gap time should be considered or not? your views on gbp:jpy please.

I have implemented you strategy after writing in my own words for last two weeks & has gian 250 pips last week & 200 pips already for the week. thanks you very much for your insight & giving a taste of success to small trader like me.

best reagrds

Joshi.NZ
on 24 Jul 2009 at 6:24 am7joshhh

Neil,

if you do not agree…just stop the negativity. will you? I feel yesterday’s forecast was true ..you need more Patience as Doc is not running the market & is not charging you fees ..yesterday also you were rubbishing him. if you are not successful look at what is wrong in your trading plan. I was also not able to understand his concept & made some disastrous call but now i can understand more clearly so i have bit of success. i think this platform should remain to ask guidance & not having a go at Doc.

my apologies if i have put in some hard words. but it is my opinion.

regards

Joshi.NZ
on 24 Jul 2009 at 6:25 am8Chris

Morning Dr . range till mid USA 1.6450 then finish usa 1.6620/50
on 24 Jul 2009 at 6:45 am9rich

at what point was it obvious to those of you following doc (or doc himself) that there wasn’t gonna be much of a downward stop hunt before the rise.
on 24 Jul 2009 at 6:52 am10Chris

I agree with josh keep your mistakes to yourself . he is trying to help small traders. you are the one that reads the market in real time and he has already given good advice on how to safeguard your own position. I congratulate the Dr for his efforts.
on 24 Jul 2009 at 6:54 am11JAYDEE

Dear sir.. can u please share with me tht how eur/cad pair will be performing next week…we have witnessed massive drops in this pair this week.

Regards
on 24 Jul 2009 at 7:20 am12carlab

Hello Dr.: Ydy you refered to USD/CHF and USD/CAD sell off and recover breaking day highs. Daiy high was cut agst CHF. Do you expect USD/CAD do the same today, and touch ydy high of 1.10? Good work.
on 24 Jul 2009 at 7:35 am13Kevin

doctor was the drop an extended or just regular stop hunt? That was 150 pips drop and broke below 2 lows on Eu yesterday. Also will Eu reach the 1.43 and above still as predicted? Thank you.
on 24 Jul 2009 at 8:01 am14Jimbo

Hi Doc are drops in G/U buy opportunities ?
on 24 Jul 2009 at 8:44 am15Neil

Joshhh, why dont u keep ur shit in ur mouth, have i asked u ? mind ur own business, i m interacting with Doc, apologies if i used more hard words, but it was necessory
on 24 Jul 2009 at 9:22 am16Chris

Hi again Dr CAD will it try to break 1.0839..? and thanks for so far… taken longs at bott is it worth hanging on all day or is there a better low to get.
on 24 Jul 2009 at 9:23 am17Nazali

Hi Dr

Do you expect Eur & Gbp to break the highs or lows set for the day or swings. Many thanks.
on 24 Jul 2009 at 9:27 am18Chris

sorry longs are eur + Gbp + au
on 24 Jul 2009 at 9:38 am19Dr. S. Sivaraman

Dear Tarun
Now it may appear EURO,GBP and USD/YEN could drop more - but the players made the downward stop hunt in EURO and USD/YEN during japanese session and in GBP now during European session - we will see aggressive rise for week end.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:39 am20Dr. S. Sivaraman

Dear Mohi

Now they made the drop in GBP after data as if it is moving intandem with GDP data.We will see soon it is discounted and another news will make it to rise.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:41 am21Dr. S. Sivaraman

dear Raja Hammad
Today is week end - so volatile downward stop hunt and quick upward rise could be seen in usd/cad
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:43 am22Dr. S. Sivaraman

Dear Arun Kandyal
yes they will create market sentiments and act against traders quickly and during that process they could squeeze either way- they are expected to rise till next month end according to my algorithm.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:45 am23Dr. S. Sivaraman

dear Neil

Any forecast tool cannot be 100% perfect.So we need to use trading strategies like hedging to limit the risk - expecting levels is different from earning money from market.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:47 am24Dr. S. Sivaraman

dear joshhh
Thanks
Follow the net change as you see in the quote page and there is no need to relate net change to gap time.
net change is nothing but the current market level from that of previous day close.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:53 am25Dr. S. Sivaraman

Dear carlab and JAYDEE
Now it is turn of USD/CAD to rise like usd/yen and usd/chf from late US session and next week.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:54 am26Dr. S. Sivaraman

dear Kevin

Quick drops lead to quick rise for week end.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:55 am27Dr. S. Sivaraman

Dear Jimbo

YES
Regards
Dr.Sivaraman
on 24 Jul 2009 at 9:56 am28Dr. S. Sivaraman

Dear Nazali and chris
Rise is expected in euro,gbp and aud.
Regards
Dr.sivaraman
on 24 Jul 2009 at 10:09 am29Neil

Thank you Doc, i understand that
on 24 Jul 2009 at 10:19 am30Junaid Pervaiz

Dr,

Your reviews has been great, and thank you for the timely information. Can you please guide for eur/cad pair and the USD/CAD pair.

Due suggest i can go long with these 2 pairs.

Your response will be highly appreciated.

Regards,

Junaid Pervaiz
on 24 Jul 2009 at 10:33 am31Jenks

Hi Doc,
I have some confusion as to when the gap times are.

You mentioned in your seminar last week that the european gap time is 0700 - 0730 GMT.

The UK London Market opens at 0700 GMT (0800 BST). So can you please confirm that the gap time for european session is the first 30 minutes of the London open?

Thanks.
on 24 Jul 2009 at 10:47 am32Arun Kandyal

Hi Dr
How do you consider net change of the day is it include us session close at 20:30gmt or gap time close at 00:30gmt of yesterday close i am little confuse about it, i think your reply is same as you given to joshhh please clear all this thx.

Regards
Arun Kandyal
on 24 Jul 2009 at 10:50 am33Rich

He refers to the bank openings, not the public perception.
Gap times are
20:30-00:30
7:00-7:30
13:00-13:30
all times GMT
“things in the market are not as they appear” says the Dr.
on 24 Jul 2009 at 12:06 pm34Arun Kandyal

Hi Dr
Gbp is droping if it goes below 1.6400 in us session then it could go 1.6350 from that level what you expect further drop or aggresive rise till close thx.

Regards
Arun Kandyal
on 24 Jul 2009 at 12:45 pm35Dr. S. Sivaraman

Dear Junaid Pervaiz
You can buy EURO/CAD or USD/CAD but yiou may have to wait till next week to book profit.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 12:48 pm36Dr. S. Sivaraman

Dear Jenks
07:00-07:30 GMT is gap time before European session or session II of the day- followed by the players.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 12:50 pm37Dr. S. Sivaraman

Dear Arun Kandyal
net change is shown in a seperate column against each currency pair and you justt follow that and no need to calculate.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 12:52 pm38Henry

rich,

i think the us gap time is off due to daylight savings time.
the ny open is actually 12:00 gmt at this time of year. maybe doc can clarify.
on 24 Jul 2009 at 12:52 pm39Dr. S. Sivaraman

dear Arun Kandyal
Control your emotions and accept what is seen rather than imagining deep levels- that will inhibit from taking positions near bottom.To control risk use hedging.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 12:59 pm40Alex

Dear Dr.

Can we still expect a rise in GBP/USD today, and to what level?
on 24 Jul 2009 at 1:33 pm41Francesco

Dear Mr.Sivaraman,

do you expect some dollar strenght from next week before the short term rise for EUR and GBP will continue?

I would like to know more about your view for the coming month.
It seems like european currencies have run a lot, but a false downmove next week could be the excuse for the players to buy at lower prices before attacking recent highs.

Of course I need to thank you again for another week of accurate forecasts!
on 24 Jul 2009 at 1:49 pm42vinesh

Doc seems like usdcad going down the tube. Do you expect it to reach previous highs of 1.15 in the next month or so?
on 24 Jul 2009 at 2:00 pm43Constantin Lucian

The same question dr. as i have long in usd/cad and want to know a realistic level that it may reach next week so that i don’t become to greedy. I am not looking for an exact level because i know that is not possible just a realistic range. And of course i will put stop on break even as soon as i see 40 pips. Thank you
on 24 Jul 2009 at 2:02 pm44Chris

Hi Dr €£ shifted the range on cable but pretty much follwing the plan … rise during Geitner chat?
on 24 Jul 2009 at 2:53 pm45EC

I am starting to hate this market, as exactly the opposite is happening to us who try to believe Docs expectations…
on 24 Jul 2009 at 3:00 pm46Nazali

Hi Dr

Do you see a quite end to the week or will there be a rise or maybe a drop?
on 24 Jul 2009 at 3:30 pm47EC

Still I have to admit, Docs teachings are one of the best I have ever seen. I see many angry people here, but folks, our losses are because of our own mistakes only!
on 24 Jul 2009 at 3:32 pm48EC

Dear Doc,

How do you feel, is there any possibility for the huge moves like in the middle of December last year to happen again in the near future?
on 24 Jul 2009 at 4:35 pm49Dr. S. Sivaraman

Dear Alex

Currently it appears the players are making small range swings to induce the higher level long holders to liquidate and lower level short sellers to cover their shorts in loss.The players are expected to rise again towards close to near high in GBP and EURO.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 4:37 pm50Dr. S. Sivaraman

Dear Francesco
I am expecting more one sided rise and later higher level volatile moves next week as the players have to handle the derivative markets as well.My algorithm says more rise next month in EURO and GBP.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 4:46 pm51Chris

Hi Dr thought you had gone , still waiting for the spike, have a nice w/e thanks for everything. ttfn
on 24 Jul 2009 at 4:47 pm52Neil

Hey Doc, as you must be watching euro has stalled at near unchange, doesnt look like will rise very big today…. what is your expcted move on monday please,

thank you
on 24 Jul 2009 at 4:55 pm53Dr. S. Sivaraman

Dear vinesh & Constantin Lucian
USD/CAD is expected to make aggressive moves once catches up.We could see a rise as you expect from next week.we could see 1.18 area by then.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 4:56 pm54Neil

Thanks Doc, i got my answer, what kind of co-realtion there in handling derivative markets?
on 24 Jul 2009 at 4:57 pm55Dr. S. Sivaraman

Dear Chris
Euro/GBP they are expected to rise more to squeeze shorts.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 4:58 pm56Dr. S. Sivaraman

Dear Nazali
I am expecting the rise any time from now.Players are known to give surprises to the traders when they feel the market is calm,bullish or bearish.
Regards
Dr.Sivaraman
on 24 Jul 2009 at 5:00 pm57Dr. S. Sivaraman

dear EC

last year we have seen the impact of multi year trend reversals.here on we should see normal swings in the market - not one sided moves for a long time frame.
Regards
Dr.Sivaraman
on 25 Jul 2009 at 4:56 pm58jesus

hi doctor
what do you expect for the gbp/jpy on the start of the next week.
ty

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