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

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Month beginning expected moves

Posted on August 3, 2009 at 8:39 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the upward extended spike on friday during US session close.They were expected to make upward gap opening and slide some during early japanese session and the moves happened as expected. As explained during today’s Asian session :live market analysis, towards close of Japanese session and gap time they made the upward stop hunt but in GBP alone .

During Early and mid European session EURO and GBP are expected to slide from high to low and make brief downward stop hunt and firm up towards close of European session.Then an upward stop and slide moves are expected during US session as week/month beginning slide (false move).Tomorrow they are expected to make downward gap opening and then gain during the day.Wide range swings are expected for 2 days and then EURO and GBP are expected to swing and firm up in this week.

Regards

Dr.Sivaraman

35 Responses to “Month beginning expected moves”

on 03 Aug 2009 at 9:00 am1Francesco

Good day Dr. Sivaraman,

As often I am trying to follow your precious suggestions and waited EUR and GBP to go higher before opening a sell.

Today’s GBP spike was fast and furious, I was caught on a sell at 1,6810.Now is still as high as 1,6840.
Can I be calm and patiently wait for a drop to close the position with profit?

Thank you!
on 03 Aug 2009 at 9:02 am2freddie

Doc,thanks a great deal for this info,may i know if US sesson would end with this slide or would there be a rise after the slide towards Us sess. close.
regards
freddie
on 03 Aug 2009 at 9:26 am3Arun Kandyal

Hi Dr.

They are rising GBP very aggressively i am on short at 1.6770. give some suggestion thx.

Regards
ARUN kANDYAL
on 03 Aug 2009 at 9:38 am4Dr. S. Sivaraman

Dear Francesco & Arun Kandyal

they cut the high in GBP before 8GMT - before 30 min from session start- so we need to wait for 1;30 hrs and thenshort.they are expected to slide during US session-watch and close.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 9:40 am5Dr. S. Sivaraman

Dear freddie
Since they are making pump and dump moves now they may not rise during US session in a big way after slide.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 9:56 am6Sam

Dear doctor,

1. Should GBP/USD pair reaches 1.76 level during this quarter?
2. Or should we see this pair go back down to 1.6/1.55 levels before it makes a significant move?

Thank you doctor
on 03 Aug 2009 at 10:01 am7su25

Dear Doc
How do you determine that the move is false? Is it based on your algorithm? Last Monday we saw similar moves - and the slide happened until Wednesday. Today was a rise during Japanese and European session (similar to last week), does it imply that next Monday should see a slide based on the hattrick rule?
Thanks and regards.
on 03 Aug 2009 at 10:17 am8rich

Even though we were expecting them to revisit the high in GBP, the fact that they cut a new high within 30 min from start of session meant that we HAD to wait up to 2 hrs. I shorted the stop hunt so i am happy, but did I “do it wrong?
on 03 Aug 2009 at 10:25 am9smith

Dear Doc,

denominator currenies are not showing the reverse just making new drops like in USDCAD. If we assume that the EUR and GBP will rise this week and perhaps next week this means that there is growing chance to show downward stop hunt in USDCAD, USDCHF again? do you still see the chance we can reach 1.15 area in USDCAD this month?
EURGBP makes volatile moves after Friday’s upmove. What kind of moves do you expect from EURGBP in the coming days?

regards,
smith
on 03 Aug 2009 at 10:26 am10Arun Kandyal

Hi Dr
It seems that instead of rise till close of europeon session they wil slide gbp and firm up moves in gap time and then again slide in us session. what you believe thx.

Regards
Arun Kandyal
on 03 Aug 2009 at 10:26 am11jaydee

Dear doctor thank you so much for helping us all in having a great profitable last week… i just wanted to know that do u teach your algorithm in ur professional trading course? and would i be able to forecast the gaps and the expected movements of the sessions by learning that course?? Thank you again for your precious time and precious forecast..

Regards
on 03 Aug 2009 at 10:46 am12Dr. S. Sivaraman

Dear Sam
Upside move is the potency in this month.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 10:49 am13Dr. S. Sivaraman

Dear su25
hat trick means continuous 3 times move.So they avoid during continuous drop or rise for more than 2 continous session,2 continuous day ,2 continuous week and 2 continuous month.Hope I made it clear.
Currently month beginning volatile move is seen.By end of the day we will know well why they did it.

Regards
Dr.Sivaraman
on 03 Aug 2009 at 10:52 am14Dr. S. Sivaraman

Dear smith
Denominator currencies are expected to swing and rise.EURO/GBP is also expected to swing and rise -2200-300 pips initially and then drop.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 10:53 am15Dr. S. Sivaraman

Dear Arun Kandyal

Now they are holding high and doing pump and dump moves.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 11:03 am16Sam

Dear doctor, will EUR/USD Pair follow the GDP/USD pair for this month?

Thank you doctor,

Sam
on 03 Aug 2009 at 11:07 am17Mohi

Dear Doc,

I thought you misunderstood my question this morning at the webinar. I wanted to know while GU or EU are going to a higher zone, is it expected that usdchf will settle at the lower zone or it will come up to 1.1 level soon? Thanks and regards..
on 03 Aug 2009 at 11:35 am18su25

Dear Doc
I am a bit confused.
2 consecutive sessions seems clear.
2 consecutive days - does it mean that the rise/fall is for all sessions during the two days, or does it mean an overall rise/fall (higher highs/lowr lows) over 2 consecutive days.
2 cosecutive weeks - it has to mean overall rise/fall, else the 2 day hattrick rule will be violated. Am I right?
Sorry to bother you.
Thanks and regards.
on 03 Aug 2009 at 11:50 am19devesh

Hello doc. what is your advise for small traders like me, close position during particular session where trade is executed or hold it till end of US session if position is in profit.
on 03 Aug 2009 at 11:55 am20Nazali

Hi Dr

Do you see the US session slide cutting the lows in eur and gbp? Many thanks.
on 03 Aug 2009 at 12:40 pm21Dr. S. Sivaraman

Dear Sam
there may be intra-day contrarian moves but EURO and GBP are expected to swing and rise in this month.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 12:42 pm22Dr. S. Sivaraman

Dear Mohi

When ever EURO and gbp make dips during swings USD/CHF is expected to gain more and it is expected to swing and rise as well in this month and next month.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 12:46 pm23Dr. S. Sivaraman

Dear su25

with regard to days - not more than 2 days similar moves -like drop during Japanese and european and rise during US session in first and second day- then 3rd day they may make a dip during japanese session but rise during european and usd sessions.
with regard to week - net fall in 1-2 weeks then they will show net rise during 3rd week.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 12:47 pm24Dr. S. Sivaraman

Dear Nazali

Slide is expected and once they come closer to low then we will know how deep they could drop before rise.
Regards
Dr.Sivaraman
on 03 Aug 2009 at 12:57 pm25jacob

Hey Doc

this usd/cad been expecting rise for weeks and your yearly low forecast was around 112, what has changed, thanks
on 03 Aug 2009 at 1:51 pm26Dr. S. Sivaraman

Dear jacob
USD/CAD estimated weighted moving agerage low was around 1.11 and it has breached that by 500 pips.it is expected to recover soon.
Regards
dr.sivaraman
on 03 Aug 2009 at 2:09 pm27Arun Kandyal

Hi Dr

GBP and EURO playing with the traders do you still believe a slide!

Regards
Arun Kandyal
on 03 Aug 2009 at 2:27 pm28Nazali

Hi Dr

Would the slide have to come near the lows for it to be week beginning false move?
on 03 Aug 2009 at 2:38 pm29su25

Dear Doc
Eur & Gbp posted their respective daily permissible net change limits. You forecast a drop (which may happen in this US session or Japanese session). If the highs are not cut for 30 min, then initiate shorts with hedging order would be safe trades (meets 3 conditions)?
Thanks and regards
on 03 Aug 2009 at 2:48 pm30Jimbo

Hi doc looks like the players decided to ditch the false move for the week/month start ?
on 03 Aug 2009 at 2:49 pm31jefe

With NYSE up/rallying today- might players want to continue bullish sentiment til NYSE close- to entice more long traders???

I would… than drop it 90min post close while the traders have left for the day and are at dinner all smiles
on 03 Aug 2009 at 3:01 pm32johnra

Dear Dr
The hat trick rule applied to 3 consecutive days.As far as I understand The same PATTERN will not repeat itself for the three days.Suppose we have a slide,rise and slide during the 3 sessions on the first and second day then we cannot have the same pattern on the 3rd day.I trust I got that right.Please confirm.Thank you for all you do.
P.S su25 thank you for raising this issue.
Kind Regards
on 03 Aug 2009 at 3:04 pm33Adrian

Hi,
Is there anybody who ever availed Dr’s paid service? Any recommendations about the service?
Thanks
on 03 Aug 2009 at 3:14 pm34Gregor

Dear dr.,

do all these rules mean the players have some kind of good “random” function to drive the market? In combination with good mass-psychoanalisys, of course…

Dear Savaraman, do you use any kind of tehnical analisys (like RSI, stohastic etc.) at all?

Kind regards,
Gregor
on 03 Aug 2009 at 3:29 pm35smith

Dear Doc,

so now what is false move? generally, you mentioned that quick moves are false moves but now we have seen quick moves on Friday and today as well. EUR and GBP touched new local high and perhaps traders are tending to be bull, is it correct? denominator currencies have falling like a rock and still seems the recovery is far from here.

it seems that the current level in EUR and GBP good for short. But how many pips rise and fall can be from the current levels in August?

thank you for kind reply and helpness
smith

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