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

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EURO and GBP swing near low to rise

Posted on July 29, 2009 at 9:40 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP were making swings and cutting low during Japanese session.They are expected to swing and rise during Early European session but did not rise much and gone enar low.They are expected to cut the low during late European session and then rise from European session close till end of US session.A strong recovery move is expected during US session.Below low when downward stop hunts happen are buy opportunities.

Tomorrow a more promising rise is expected.

Regards

Dr.Sivaraman

27 Responses to “EURO and GBP swing near low to rise”

on 29 Jul 2009 at 10:08 am1Jimbo

Thanks for the update Doc.
on 29 Jul 2009 at 10:09 am2Chris

Hi Dr . re cut low late euro sess , you mentioned this during webinar, would it take the form of a rapid stop hunt and retrace quickly or are you expecting a slow rise during us session 1300 1330 gmt onwards. ie after durable goods.?
on 29 Jul 2009 at 10:23 am3joshhh

NZD: USD rate decision.. how to trade this?
on 29 Jul 2009 at 10:50 am4Poonam

Doc,

I did some research on your net change. From January first week to last week of June (six months) the open-close is around 250 pips while High-low range is 1850 pips. How do you interpret this? We are almost back at a position of what it was some 6 months ago. What does this signify? Your experience will be valuable.
on 29 Jul 2009 at 11:22 am5Mohi

Dear Doc

Thank you for another good webinar and update here. Thank you also for being patient with us, the small traders. Wish you the very best. Regards..
on 29 Jul 2009 at 11:59 am6Arun Kandyal

Hi Dr
Players are dropping eur/usd or eur/gbp and holding gbp in a narrow range.Do you think they wil rise gbp along with eur/gbp or eur/usd i still have a doubt if they rise eur/gbp later then they wil drop gbp further which mostly happens thx.

Regards
Arun Kandyal
on 29 Jul 2009 at 12:07 pm7Neil

Near my target of 1.4070, i think will bounce from there…..Frankly speaking net change theory of Doc doesnt appeal to me, as i have seen by making everyday 80-120 pips they dropped 230 points in euro from top, Actually, trading with doc`s theory needs a lot of hard work and practice,one need to mix all the tools and people who dont have hedging are in trouble.. coming times heddging is being taken out from most of the plateform, then how to trade? Hope Doc would have taken this in consideration and will guide us with some new idea.. all the best
on 29 Jul 2009 at 1:13 pm8Francesco

Dear Mr. Sivaraman,

do you think EUR will manage to go above 1,43 this week?

Thank you!
on 29 Jul 2009 at 1:39 pm9vinesh

Doc I had mentioned on Tue that we might retrace to 1.408 level seems like prediction came true. Do you think we will take out the low and go to 1.405 region before rebounding?
on 29 Jul 2009 at 2:08 pm10Nazali

Hi Dr

You say ’strong recovery’ - expected to break today’s high? Many thanks
on 29 Jul 2009 at 2:29 pm11Junaid Pervaiz

Dr,

Please give your views regarding USD/CAD and EUR/CAD. Do you see any signs of recovery in the near future.

Regards
Junaid Pervaiz
on 29 Jul 2009 at 3:32 pm12Mohi

Doc, how do you read the saxo bank page now.. eurusd dropped 100+ pips and gu dropped 50+ pips net. Does this mean anything? Is pickup to take place with fed’s beige book news at 7 gmt? Thanks and regards..
on 29 Jul 2009 at 3:35 pm13Neil

euro is now down 147 pips on page, so now not much downside is expected for today, as per the rule.. we have to watch this rule? Doc, what you think? as it has dropped all the way 300 points from high? Would be glad to hear from you
on 29 Jul 2009 at 3:38 pm14Reynaldo

Good call Doc!!
on 29 Jul 2009 at 3:48 pm15Neil

Euro today needs to close above 1.4033, to get doctors tomoroow level of 1.43,which i dont think will reach now any time soon… But if Doc says, so its possible
on 29 Jul 2009 at 3:49 pm16Rich

Oh man, what is wrong with you people.

Nobody is forcing you to listen to the Dr.

You do it on your own and then have the nerve to berate him
when it doesn’t happen the way you want it to.Boo hoo.
You should be ashamed of yourselves.
on 29 Jul 2009 at 3:50 pm17Josh11

hi doc, i have just join ur basic membership and today i have not recived any Live Trade Calls for the European Session can you pls explain why as i only trade Eurooean session. many thanks
on 29 Jul 2009 at 3:57 pm18Nazali

Hi Dr

Can we have an update please? Many thanks.
on 29 Jul 2009 at 4:02 pm19Reynaldo

Hey Rich,

If one wants to give their opinion, forecast, and such then one has to be able to stand up to scrutiny. So mind your own business and let the Doc defend himself sweety.
on 29 Jul 2009 at 4:04 pm20Dr. S. Sivaraman

dear Chris
A quick rise is expected during late US session as a recovery move.
Regards
Dr.Sivaraman
on 29 Jul 2009 at 4:06 pm21Dr. S. Sivaraman

Dear Poonam
permissable net change in gbp for a day is 250 pips and for a week is 600 pips and for a month 1300-1600 pips - so you can check the spread for different time frames and then understand how the market is made to swing.
Regards
Dr.Sivaraman
on 29 Jul 2009 at 4:07 pm22Rich

Learn how to trade and stop blaming others.
Questioning is one thing but insults are another.
If you choose to follow him, then your on your own.
on 29 Jul 2009 at 4:08 pm23Dr. S. Sivaraman

Dear Francesco
I am expecting euro rise rise above 1.43 in a weeks time.
Regards
Dr.sivaraman
on 29 Jul 2009 at 4:08 pm24Neil

I agree, as Doc himself have been telling since long back that one should do his own analysis and trade, and always keep an entry level stop or hedging order, so your risk is limited. Doc`s system has its own limitation. I propose we should make this blog more interactive then just blindly following any one. I am here since months, but i never got trapped, even when Doc says very strongly , it will rise or fall, i just take his view, and trade by my own analysis. We should be thankful to Doc for at least giving some knowledge. This will happen again and again that Doc`s algoritham could fail, because he is using astro-physics, a kind of astrology on forex markets, so operators must be having much advance astrologers with them, as once J P Morgan said- Millionairs dont need astrologer, but Billionairs need.

I would like to point our that one should not use abusive language like ashamed and all that , otherwise there could be counter-abusive language and I know that also, so Rich… please take care in future

Thanks and all the best to all
on 29 Jul 2009 at 4:13 pm25Reynaldo

Traders have responsibilities as well as those who teach, instruct, forecast, and so on. Get that through your head. Thanks for your response.
on 29 Jul 2009 at 4:29 pm26Nazali

Hi Dr

Are you expecting some recovery for this session and further rise tomorrow?
on 29 Jul 2009 at 4:31 pm27Neil

He has posted new, pls look at it

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