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EURO and GBP are expected to swing and rise after the drop

Posted on July 30, 2009 at 6:28 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBp made the drop yesterday during US session against the expectation and recovered towards close.They opening nominally up and as explained in Asian session :Live market analysis they are rising above high and expected to hold high till close of Japanese session.

They are to make quick dip and then rise during gap time and start of European session and gain significantly from mid european session till close.After gap time dip they are expected to gain big during US session.traders can book profit in their long positions during the quick rise and re-enter after drop as tomorrow more volatile moves are expected for week end and month end time.

Regards

Dr.Sivaraman

35 Responses to “EURO and GBP are expected to swing and rise after the drop”

on 30 Jul 2009 at 6:40 am1j.j

Dear Dr. Sivaraman hi, thanks for all the good hard work,you said tomorrow more volatile moves due to week/month end so pls adv. regarding Euro are going to see new weekly low or we are going to retest the weekly high
B.Regrads
on 30 Jul 2009 at 7:00 am2Emil

Dear Dr. Many thanks for good advise. How do you see EURGBP this time? thanks
on 30 Jul 2009 at 8:40 am3Junaid Pervaiz

Dr,

Please give your views regarding EUR/CAD and USD/CAD. Your reply will be highly appreciated.

Regards
Junaid Pervaiz
on 30 Jul 2009 at 9:10 am4joshhh

Doc,

Do see Euro & GBP Rising above season high for today & tomorrow?

regards

Joshi.NZ
on 30 Jul 2009 at 9:13 am5Jimbo

Hi Doc great call today. Many Thanks.
on 30 Jul 2009 at 9:16 am6Mohi

Dear Doc,

Are you expecting usdjpy to go up another step today? Thanks..
on 30 Jul 2009 at 9:16 am7travis

Dear Doc
Big thanks for your continuing effort - in helping us little traders.
I have learnt a lot and will need to learn a lot more.
Unfortunately i blew my account to bits on tuesday - cause i couldnt let go - a mistake i have made over and over and over.
90%winning trades but nothing to show.
They get me every time with those contrarian moves - For me on tuesday i was trading gbp/jpy and it was trying to break through previous day high @157.40 and it couldnt get through for more than half an hour - but i was confident of a breakout to the upside and i had entered the trade ready at 157.3ish and when it started dropping or couldnt let it go..
but the 30minute rule i should of applied and then it would of giving me the perfect opportunity to short
on 30 Jul 2009 at 9:35 am8sam

Dear doctor,
EUR/USD pair can still be seen 1.4300 level in the short term?
If EUR/USD pair go to 1.4300 level what level shall GBP/USD pair be?

Thanks,
on 30 Jul 2009 at 10:00 am9rich

Doc,
how can one play the swings?
on 30 Jul 2009 at 10:41 am10vinesh

Doc, UCAD is struggling to make gains. Do you think it will rise anytime soon or will they cut the low
on 30 Jul 2009 at 10:43 am11Dr. S. Sivaraman

Dear j.j
thanks.
the panic drop is over.But they are expected to make one more volatile moves for week/month end and then rise from next week.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:44 am12Dr. S. Sivaraman

dear Emil

Euro/gbp is expected to rise from US session after drop during japanese and european session.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:45 am13Dr. S. Sivaraman

Dear Junaid Pervaiz
less drop and more rise moves are expected from now.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:47 am14Dr. S. Sivaraman

dear
joshhh
the potency is there.But the players will focus more on derivative market and act.they may show briefly the season high in some pairs during the volatile moves.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:47 am15Dr. S. Sivaraman

dear Jimbo
thanks
Regards
dr.Sivaraman
on 30 Jul 2009 at 10:48 am16Dr. S. Sivaraman

dear Mohi
yes quickly to 97 area.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:51 am17Dr. S. Sivaraman

Dear travis
When equity is less try to trade only in EURO or GBP and not in any cross- you cannot withstand the stress due to their volatility.In the name of earning from market we should not lose money and peace of mind.
Equity management using hedging or tight stop is a must.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 10:53 am18Dr. S. Sivaraman

dear sam
thsi week reaching high is limited in euro.next week it is expected to go there and above.But in the name of position trade donot allow the short term trade to lose use hedging to limit the risk and then maximize the profit.
Regards
Dr.sivaraman
on 30 Jul 2009 at 11:09 am19rich

do you see eur/usd getting to 1.4150 today/tomorrow?
on 30 Jul 2009 at 11:20 am20Francesco

Good day Mr.Sivaraman,

do you think we could sell close to highs in EUR and GBP during the rise in US session in order to see profit tomorrow during the expected volatile move?

Thank you!
on 30 Jul 2009 at 12:36 pm21Dr. S. Sivaraman

dear rich
EURO is expected to rise during US session
Regards
Dr.Sivaraman
on 30 Jul 2009 at 12:39 pm22Dr. S. Sivaraman

Dear Francesco
we can always take buy position during downward stop hunt below low and sell position during upward stop hunt above high and the main problem for the traders is taking profit- when profit is seen we have to lock the position with trailing stop below market and limit above the market and to maximize the profit we can move the limit away from the market and not the trailing stop.then we can earn without much waiting.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 12:46 pm23Francesco

Thank you Dr.Sivaraman,

I agree.
The hardest seems to be to manage losses.
Patience and calm do help, sometimes it’s better to cut losses when we realize market is moving against us.
It though seems that forex very often gives us a second chance.

I usually start with a smaller lot and increase my buy/sell position at lower or higher levels in order to minimize the risks in case market goes against me.

Do you have other useful suggestions about how to manage a temporary losing position?
Sometimes we just can’t lock the position since it’s always red…
on 30 Jul 2009 at 12:54 pm24vinesh

Doc, are you ignoring me lol! just joking doc. Just wanted to get your views on UCAD
on 30 Jul 2009 at 1:06 pm25Kevin

Thank you so much doctor, one thing i’ve realized from your predictions is that players can run tempoary traps to earn profit but your overall predictions has eventually come, all of them from my time following you. Thanks again!
on 30 Jul 2009 at 1:48 pm26Jerry

Doctor S,

Will we see a profit target of 4200 hit in the case of EU through tomorrow’s close? Thank you so much.
on 30 Jul 2009 at 3:38 pm27Arun Kandyal

Hi Dr

Great Forecast today Especially for japanese session 100% accurate forecast for GBP but the rise was limited in european session and holding in narrow range.Could we see 1.6600 area till close of us session.You said that big gain if they dont rise today then do you expect tomorrow they can drop 70-85 pips just to create fear among the traders and then later big rise thx.

Regards
Arun Kandyal
on 30 Jul 2009 at 4:00 pm28adnan shaikh

Please give your views regarding EUR/CAD and USD/CAD. Your reply will be highly appreciated.

Regards

ADNAN SHAIKH
on 30 Jul 2009 at 4:22 pm29Nazali

HI DR

It’s very quite what are the players doing?
on 30 Jul 2009 at 4:39 pm30ALI007

dear doc sivarman
thanks for ure precious advices and analysis because they help me so much. and can u give us when EUR increasing?
thnks a lot
on 30 Jul 2009 at 5:09 pm31Dr. S. Sivaraman

Dear Francesco

managing the equity has several methods.i will explain during week end.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 5:10 pm32Dr. S. Sivaraman

dear vinesh

market was testing your patience and not me.It will rise.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 5:11 pm33Dr. S. Sivaraman

Dear Kevin
yes there might be delay but is expected to happen.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 5:13 pm34Dr. S. Sivaraman

Dear Arun Kandyal & Nazali

Now the players are rising euro/gbp after 2 session drop.so a rise in euro and swing in gbp.They will rise both towards the close of this session.We could see the expected level tomorrow.
Regards
Dr.Sivaraman
on 30 Jul 2009 at 6:11 pm35Francesco

Thank you Dr. Sivaraman for your help and support

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