FX Market Readings
  • Home
  • Join our trading community
  • Back to FXstreet.com

FX Market Readings

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

Subscribe

Subscribe Subscribe Subscribe using Netvibes
Or subscribe via email:

Webinar Recording Series: My Trading System

I - II - III - IV - V - VI - VII - VIII - IX - X

Categories

  • Market comment
  • Market forecast
  • Operators' intentions
  • Uncategorized

Archives

Recent Comments

  • JanPoko on Market reading blog is being shifted
  • Dr. S. Sivaraman on Quick moves in the market
  • Dr. S. Sivaraman on Before and after FOMC
  • jefe on Before and after FOMC
  • vinesh on many market triggers for a day

Tags

AUD big moves BOE contrarian moves Crosses ECB EURO EURO/CHF EURO/GBP EURO/GBP drop EURO and GBP volatile moves FOMC GBP GBP slide Gold handling crosses Market reversal month beginning Month end My trading system My trading system webinars NFP Rise session timings trend reversal USD/CAD USD/CHF USD/YEN US session video link volatile moves webinar webinar -My trading system webinar link webinar recording webinar recordings webinars webinar video link week beginning week beginning false move week beginning moves weekend week end Week end moves YEN

FXstreet.com Weblogs

  • CEO's Weblog
  • Wayne McDonell
  • Dr. S. Sivaraman
  • Valeria Bednarik
  • James Chen
  • Ross Yamashita
  • Raghee Horner
  • Ron Schelling
  • César B. Leiceaga
  • Ian Coleman
  • Greg Michalowski
  • Mike Baghdady
  • Dale J. Pinkert
  • Trader of the Year

Links

Visible gains for a day

Posted on August 20, 2009 at 7:54 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the initial gain moves during japanese session as exoected.They are expected to gain further during European session.After brief dip they are expected to gain smartly during US session.

Dips near low are buy opportunities.

Numerator and denominator currencies are expected to gain alternatively to rise their respective crosses.

Regards

Dr.Sivaraman

16 Responses to “Visible gains for a day”

  1. on 20 Aug 2009 at 9:15 am1Ahmed

    Respected Dr,
    Thanks for the call. Also for yet another very informative and excellent webinar.
    Regards

  2. on 20 Aug 2009 at 10:22 am2jefe

    Dr,

    You are calling for a hatrick for US session?

  3. on 20 Aug 2009 at 10:37 am3Arun Kandyal

    Hi Dr
    Do You Expect they wil rise in us session cause they have already rise in past two days during us session thx.

    Regards
    Arun Kandyal

  4. on 20 Aug 2009 at 11:35 am4John Anderson

    Dr,

    Thanks for the webinar today, do you see GBP to move towards the upper range like it did at the beginnning of the month, Range (1.6750 to 1.7000) in the upcoming week. The players are making a bearish feel in the market since the past few days rather than a bullish one. Please mark your reviews.

    Regards,
    John Anderson

  5. on 20 Aug 2009 at 11:35 am5Arun Kandyal

    Hi Dr
    If one session goes according to your expections then why the following session goes against you. Are players following you?

  6. on 20 Aug 2009 at 11:51 am6Chrisstoff

    Dear Dr. Sivaraman,

    I still am not able to follow how you handle the hedges, i.e. when do you close the hedge order and when the original order. Let me ask you for some explanation via an example.

    Let’s presume you expect rising in EURUSD from 1.4200 then we open a buy position when the market dips to that level. So we have a
    Buy @ 1.4200
    But the market movers think otherwise and the price drops further and we open a hedge position, let’s say
    Sell @ 1.4150
    The price continues the downward move to 1.4120 where it starts consolidating.
    Do you close the sell position there?
    If yes and the price goes up above 1.4170 then we are in profit (I do not count in the spread and swap) and can liquidate the but position when we think it is OK.
    But if yes, the sell position is closed around 1.4120 in profit but after some consolidation the price continues the drop, what shall we do? Open another hedge after the price fell another 50 points? If yes, then we have a
    Sell @ 1.4070
    We realized 30 pips profit and currently have a buy position floating -130 and a sell just opened.
    This time the market movers change their mind and the price goes up 100 points to 1.4170 then ranges between 1.4170 and 1.4150 for a while. What shall we do then?

    I could continue but I do not think it would be necessary at all. I think everybody understands what I mean.

    Sorry for the long post.

    Best regards,

    Chrisstoff

  7. on 20 Aug 2009 at 2:31 pm7Venky

    Hi Doc

    I get the same feeling that Arun mentions - may be the Players are listening to you and trying to do the opposite of what you recommend.

    Or is it is just that there are now a lot of people following your advice and taking similar positions. As you say the players look at the positions being taken by the traders and decide their moves.

  8. on 20 Aug 2009 at 2:51 pm8OrlandoB

    There aren’t more than 2000 blog readers to FX Market Readings per month, meaning 66/day. I don’t think the players are all that worried about our little piece of the pie.

  9. on 20 Aug 2009 at 3:10 pm9Venky

    OrlandoB - I know what you mean. I guess I am just trying to rationalize the disappointment when the expected does not happen.

    It will be worth seeing if the hatrick rule is violated and GBP makes a rise today during the US session.

  10. on 20 Aug 2009 at 3:31 pm10Emil

    Dr. 45 pip spread in gbp only so far in US session. I suppose this should widen conciderably. Still see it going up_

  11. on 20 Aug 2009 at 3:58 pm11OrlandoB

    Well, if nothing else the Doc has proven to NOT be 100% accurate, has he not? Nobody’s an oracle.

  12. on 20 Aug 2009 at 4:06 pm12Ahmed

    Dear Chrisstoff
    After listening to respected Dr’s webinars and reading his website I think following should be the hedging strategy.If I am wrong,Dr and fellow bloggers please feel free to correct me.

    1. Take position as per the forecast after observing timings/other entry rules.
    2. Place an hedging order 30 points away.
    3. If hedge is filled,wait for 30 minutes.
    4. If it is showing loss within these 30 minutes, close hedging position because,most likely,it was filled during stophunt and place another hedging order 30 points away from the market.
    5. If hedge is showing profit then keep stop at entry and wait for the market to close it.Then place another hedge order 30 pips away from the market price.
    This is the simplest hedging handling strategy if I understood it correctly.

    There are other strategies as well.Please read Dr’s website.

    Regards

  13. on 20 Aug 2009 at 6:10 pm13carlab

    Dear Ahmed:
    It seems to me you understand what Dc. Sivaraman
    proposes in his hedge strategy. But I am sorry I still dont.
    Would you be kind enoug to put prices, like Chrisstoff
    did, starting from his 1.42 Eur/USD long position?
    Tks very much. I would appreciate it.

  14. on 20 Aug 2009 at 8:20 pm14Ahmed

    Dear Carlab,
    As far as I could understand, to follow Dr,s method,one has to suppose that price will always move as stated in the forecast.In my unserstanding this is a must.
    So when price moves against the forecast, hedge is initiated.Then one has to wait, even if it is 300 pips move against the forecast,for the price to come back and resume in the direction of the forecast.
    The above mentioned strategy deals with this situation.
    As said before, other strategies are also there to follow.
    If I am wrong, all are requested to correct me.
    Regards

  15. on 20 Aug 2009 at 9:14 pm15Chrisstoff

    Dear Ahmed,

    Thank you for the explanation, it is logical. By the way I looked through Dr. Sivaraman’s website but I did not follow the hedging strategy at that time, so I will try to find it again.

    Regards,

    Chrisstoff

  16. on 21 Aug 2009 at 7:56 am16carlab

    Tks very much Ahmed, Chrisstoff.
    I havn´t read (found) the strategy in Doctor’s web.

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

© 2010 "FXstreet.com. The Forex Market" All Rights Reserved.