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

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Month end expected volatile moves

Posted on August 31, 2009 at 4:06 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP made the drop during start of japanese session along with USD/YEN as month end downward contrarian move.they are expected to recover towards close of Japanese session and then rise quickly during start of European session.After brief dip and swings during mid European session they are expected to recover towards close of European session.During US session as continuation of contrarian move EURO,GBP and USD/YEN are expected to slowly rise till close as month end move.

Tomorrow for new month beginning an aggressive rise is expected in them.

Regards

Dr.Sivaraman

17 Responses to “Month end expected volatile moves”

on 31 Aug 2009 at 4:21 am1rich

Hey Doc,
I am not sure how to incorporate the algorythim. All month the algo has said that the trading zone would shift higher in eur and gbp but that hasn’t happened.
Your rules are fantastic and I have profited from them but I am not sure how to work with the algo.
Can you offer any insight.
on 31 Aug 2009 at 5:34 am2smith

Dear Doc,

USDJPY is not making volatileg moves, it is just dropping, no upmove. If the USD gains, it can not go up, if the stock markets are in correction, it falls (as we used to it in the past as a risk aversion move), but it is very weak on the upside.
I know that the players are testing the patience in USDJPY, but it is very unpredictable, not like EUR or GBP.
Why is it? What kind of slow rise do you expect from USDJPY? is it possible that the USDJPY will test the July’s low below 92.00 and reverse?

regards,
smith
on 31 Aug 2009 at 6:44 am3Nazali

Hi Dr

Is a rise expected this week? Do you see much more downside? Many thanks.
on 31 Aug 2009 at 7:43 am4Gregor

Dear dr.,
do you expect E/U will rise more than G/U in the days ahead?

Kind regards,
Gregor
on 31 Aug 2009 at 7:53 am5Sum

Dear doctor, what does “downward contrarian” mean?

Thank you very much,

Sum
on 31 Aug 2009 at 7:57 am6joshhh

Sum,

it means that they will drop USD/YEN along with GBP & Euro.
on 31 Aug 2009 at 9:51 am7Sum

Anyone has any clue about eur/gbp pair. Will it continue up ward to break Dec 2008, 30 and Mar 18 trend line or will it reverse to 0.86 range?

Thanks,
on 31 Aug 2009 at 10:40 am8Jimbo

Hi Doc, you have been forecasting aggressive rises in EUR and GBP for quite a few days, but it seems the players have not carried out this move. Is this due to lack of trader participation? Could the players not follow through on the end of month moves and just drop for the rest of the month as per the second part of your forecast?
on 31 Aug 2009 at 10:41 am9Jimbo

By rest of this month I mean September.
on 31 Aug 2009 at 10:42 am10Sam

Dr, is it fair to say that the players booked month end profit on 28th this month and that talk of 1.66 to 1.70 by month end was a little unrealistic?
on 31 Aug 2009 at 12:15 pm11smith

Dear Doc,

the AUDUSD and USDCAD are in the correction phase and the next should be the EUR and GBP (on the downside). This does mean that the trend reversal has started and we should not wait for big rise in EUR and GBP?
Or this rule can not apply during month end and beginning move? or just because of bank holiday in UK?
until now I have seen huge accumulating activity in GBPUSD but no rise just a “spike” on Friday which was erased very quickly. Is it possible that the players are collecting short positions and not long positions?

regards,
smith
on 31 Aug 2009 at 4:44 pm12grow

Thanks for the update
on 01 Sep 2009 at 6:17 am13Jo

Hello
I cud not attend doctor’s webinar today, what was the forecast for GBP?
Thank you.
Jo
on 01 Sep 2009 at 6:26 am14grow

Was there a webinar this morning?
on 01 Sep 2009 at 6:26 am15Ange

JO,
there was no webinar today… had been cancelled.
Ange
on 01 Sep 2009 at 6:35 am16Chris

tomorrow same time 0500
on 01 Sep 2009 at 6:37 am17Jo

Oh ok, thnx Ange
jo

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