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

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Holding high

Posted on August 13, 2009 at 11:04 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the rise and holding high with upward stop hunt moves indicating the players are showing higher levels for short sellers to do the short covering and the short sellers are covering the shorts and turning long.In the name of 12;30 GMT data release the players ciould make very quick risk aversion downward move and then rise again during US session.Read their intentions from time to time and trade accordingly and they trade and make moves according to traders taking positions.we should avoid panic and greed during entry and exit times.

Now rising more GBP than Euro is to handle their respective cross - downward stop hunt in EURO/GBP.

Regards

Dr.Sivaraman

10 Responses to “Holding high”

on 13 Aug 2009 at 12:01 pm1Ahmed

Respected Dr,
Thanks a lot for this advance information about the market moves.
on 13 Aug 2009 at 12:31 pm2Francesco

Dear Dr.Sivaraman,

I noticed that players’ cycles generally last for 2/3 trading days, + 1 day they require to build up position before moving toward the opposite direction.

Of course this can’t be a general rule as market tend to change continuously, but what I noticed does make sense to you?

In that case do we have more instruments to monitor or realize if and when players are building positions before a move?

Regards
on 13 Aug 2009 at 1:10 pm3MWP

Hello Doc, Thanks for your education in this market. My question is.. with the eur/usd gaining in the last two days is it safe to expect the players have been selling as the price has gone up, and should we as retail traders, start placing small sells as the price climbs ? Thanks
on 13 Aug 2009 at 1:42 pm4Nazali

Hi Dr

Is usd/jpy expected to rise with eur and gbp in the US session. Could it cut the high? Many thanks
on 13 Aug 2009 at 1:56 pm5Arun Kandyal

Hi Dr
Do You Expect GBP 1.6700 towards close of us session thx.

Regards
Arun Kandyal
on 13 Aug 2009 at 2:07 pm6Chris

Hi Dr. do you see the highs of today in gbp remaining intact or will they go through.
on 13 Aug 2009 at 3:37 pm7smith

Dear Doc,

JPY is showing some risk aversion now, even it can not rise parallel to the EUR and GBP. After on your assumption this is a false move in order to liquidate the USDJPY long holders and attracting shorts.
What level do you think can be reachable in USDJPY in August? The level of near 100 mentioned earlier is still in near term target?

thank you in advance
smith
on 13 Aug 2009 at 4:16 pm8Sam

Dear doctor, you are suggesting that today EUR/USD and GBP/USD pairs will go up and close higher despite the players may bring these pairs 80 pips to 120 pips lower from the high points during the day?

Thank you Doctor,

Sam
on 13 Aug 2009 at 4:21 pm9Constantin Lucian

Dr. what is your view for gbp/jpy and aud/usd for the remaining month of august and September? thank you very much for all your help
on 13 Aug 2009 at 4:51 pm10carlab

CHAPEAU, Dr. Sivaraman.
Ydy I doubted for a while of your view, but at the end right again, ydy and today. Congratulations.
Question: Don’t you think the EU and GBP highs for the day are already seen and tomorrow they should retrace to today’s lows? Or are u still expecting the USD to be sold?
Tks again.

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