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

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NFP-data release induced volatile moves

Posted on August 7, 2009 at 13:55 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

traders waited for the data release and the market was making swings before the NFP data release- when data was positive to USD there was a risk appetite move to start with and USD gaining move later in a mater of 30 min.same data different interpretations.Players wait for traders to enter positions after data and they any how make their volatile moves and earn for the week end.

Now during US session EURO and GBP are holding near low for the  higher level long holders to liquidate and then they are expected to swing and firm up once traders try swing trades near low.

Regards

Dr.Sivaraman

13 Responses to “NFP-data release induced volatile moves”

  1. on 07 Aug 2009 at 2:05 pm1rich

    Just wanted to say Thank you, again. I am trading calmly and with out fear when I am in a trade. I earned on the way up and the way down. I am still over-thinking before I enter a trade and missing opportunity, but time will take care of that.
    Thank you again.

  2. on 07 Aug 2009 at 2:06 pm2Nazali

    Hi Dr

    Would it be wise to long gbp as it has not cut the low at the start of the session with hedging?

  3. on 07 Aug 2009 at 2:24 pm3Constantin Lucian

    Dr. regarding a more medium to long term forecast. For the pairs eur/u gbp/u eur/gbp usd/chf usd/cad and aud/usd what would be the safe trade for the month of august and September if it’s possible to know that far. Thank you for all the assistance

  4. on 07 Aug 2009 at 2:40 pm4jaydee

    Dear sir
    Denominator currencies have made their way to the up a little with eur and gbp droping… do u think that this is the time that they will hold the denominator currencies and will rise eur and gbp as a contrarian move later anytime in the day or may be next week???

    regards

  5. on 07 Aug 2009 at 2:46 pm5Junai Pervaiz

    Dear sir
    Denominator currencies are rising with usd/jpy leading them..eur and gbp droping… do u think that this is the time that they will hold the denominator currencies at thier level and will rise eur and gbp as a contrarian move later anytime in the day or may be next week???

    regards

  6. on 07 Aug 2009 at 2:50 pm6freddie

    Dr,do you mean GU would still firm n rise even with the better than expected NFP data.
    thanks

  7. on 07 Aug 2009 at 3:05 pm7jefe

    Dr,

    Would it be correct- they are handling the U/J and jpy crosses today.

  8. on 07 Aug 2009 at 3:15 pm8Radha

    Lookslike we would see the Yen crossess be the first to move to next higher trading range..next week…

  9. on 07 Aug 2009 at 3:43 pm9Francesco

    Dear Dr. Sivaraman,

    are you still expecting new highs for EUR and GBP for next week with the european currencies trading above 1,445 and 1,704?

    Was today’s drop another buy opportunity as per your suggestion?

    Regards

  10. on 07 Aug 2009 at 4:02 pm10Neil

    hey Doc, what now??? They have came back to my levels?? i dont think now they will be able to break 1.43 for long time.. we are in big bearish sell off, lets see

  11. on 07 Aug 2009 at 4:34 pm11Arun Kandyal

    Hi Dr
    THE DROP DAY- unfortunitly i caught by the PLAYERS but my position is still open, before the NPF data release i was on short at 1.6756 and expecting a drop of 100 pips as you post and set my hedging order at 1.6820 insted of 30 pips to limit the risk cause i was expecting a drop but suddenly they made a upward stop hunt to hit the stops and my hedge order hit, now i am on short at 1.6756 and on long at 1.6820 and my equity is blocked with a loss the gap between the two.now please suggest me what should i do here.close my short with profit near the low or wait for MONDAY. cause i am afraiding to close near low.GBP has touched the 1.6650 area and about 400 pips correction has happened..I am expecting a one more fall of 100 pips on MONDAY then they are expecting to rise for the whole week.suggest me here where i should close my short and book profit when there wil be rise, thx and it was realy nice weekend under your precious guidence.GOOD DAY

    Regards
    Arun Kandyal

  12. on 07 Aug 2009 at 5:24 pm12Chris

    cheers Dr have a nice w/e

  13. on 07 Aug 2009 at 7:18 pm13Sam

    Dear Doctor, please let make a point where are the bottom for EUR and GDP.

    Thanks you,

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