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

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The sentiment appeared yesterday was false

Posted on August 18, 2009 at 8:31 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

Yesterday EURO and GBP made the drop and many imaginary lows were thought of.Finally they firmed up towards close of US session as envisaged.

Today as explained during webinar - Asian session: Live market analysis between 05:00-05:30 GMT - EURO and GBP made the initial swing and firmed up towards close of Japanese session.They are expected to swing near high after brief dip during European session.then during close of European session they are expected to dip to create uncertanity and rise during US session.

Tomorrow for mid week visible rises are expected.

So the sentiment created yesterday for week beginning was false.Now we could see their true intentions in rest of the days of the week.

Regards

Dr.Sivaraman

10 Responses to “The sentiment appeared yesterday was false”

on 18 Aug 2009 at 9:01 am1sam

Thank you for the insight Dr.
on 18 Aug 2009 at 9:33 am2Gregor

Dear dr.,
with anticipated dip do you expect they want to cut the low in E/U?

Regards,
Gregor
on 18 Aug 2009 at 10:38 am3docjo

Hello Doctor

Doc, can you give us an idea as to how many pips GBP may dip at the end of European session today.
Thank you.
on 18 Aug 2009 at 1:04 pm4maxi

hi dr. do you see gbp rise to 6550?
on 18 Aug 2009 at 1:35 pm5smith

Dear Doc,

that was the dip what we have seen in the last 20-30 minutes? Or this was the first phase and the second will be a little bit deeper?

regards,
smith
on 18 Aug 2009 at 2:00 pm6Dr. S. Sivaraman

Dear smith

The dip is over.Further firming up move and above high the rise are expected moves during US session.
Regards
Dr.Sivaraman
on 18 Aug 2009 at 2:26 pm7smith

Dear Doc,

GBP has risen above the high while EUR is lagging behind (in order to make EURGBP fall). According to you EUR will make bigger rise rest of the US session and GBP will consolidate or both EUR and GBP will rise as well?

regards,
smith
on 18 Aug 2009 at 2:34 pm8JayDee

Dear doctor…
GBP is rising but EU and UJ are not rising.. Is it because they are handling crosses or some downward stophunt? Or the players have some other ambitions behind this?
Your insight is required
Regards
on 18 Aug 2009 at 2:41 pm9johnra

Dear Dr
In your webinar you advised a trader with a small equity to trade one mini lot with the view that the equity will not be blown if the months net permissible limit is reached.Eg GU monthly net permissible limit approximately 900 pips.If I trade 2 mini lots and hedge both positions I can close out one or both positions if price goes the wrong way and gets close to my equity.My equity will still be in tact and I will lose only the 30 or 60 pips used to set up the hedge.Do you see any danger in this approach?I look forward to your advice.
Kind Regards
on 18 Aug 2009 at 2:41 pm10Jimbo

Congrats Doc, good call.

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