9 Responses to “mid week expected moves”

1. on 09 Sep 2009 at 5:53 am1adnan ghani

   repected dr,

   how much chances are for gbp and eur to go down

2. on 09 Sep 2009 at 7:52 am2Francesco

   Good day Dr. Sivaraman,

   today’s forecast confused me a little, cause you said that today’s potential downword stop hunt could be a good buy opportunity.

   But still you expect market to fall tomorrow and until Friday, can you please clarify your idea to me?

   Thank you!

3. on 09 Sep 2009 at 8:18 am3Sum

   Dear doctor,

   Do you exspect Gbp goes up as well?

   Please advice

   Thank you

4. on 09 Sep 2009 at 8:21 am4Dr. S. Sivaraman

   Dear Francesco

   When traders quickly cut the shorts with loss and turn long after rise the players could only drop to induce the long holders to sell in distress at lower levels.Now they are thye process of trapping higher level long holders.So firming up moves are sell opportunities.
   Regards
   Dr.Sivaraman

5. on 09 Sep 2009 at 8:44 am5carlab

   Dr:
   If EU and GBP drop as expected, normally EU will do it faster, as I think you mentioned. So do you think actual level in EU/GBP cross offer a good selling oportunity close to 0.88?

6. on 09 Sep 2009 at 9:41 am6Francesco

   Thank you Dr. Sivaraman,

   now I got your meaning.

   I will try to open shorts positions on upmoves and buy denominator crosses (USDJPY and USDCHF) on dips.

   Regards,

7. on 09 Sep 2009 at 11:42 am7Nazali

   Hi Dr

   Do you expect the drop the happen during the US session with little or no firming up? Many thanks.

8. on 09 Sep 2009 at 12:05 pm8Arun Kandyal

   Hi Dr.
   I think they are just creating the market sentiments which they had created when GBP was At 1.7000/45 and they were making pump and dump moves and during or after the BOE interest rate decision they droped gbp massively. whats your views , i have closed my short which i opened at 1.6550 with profit and now thinking to wait the interest rate decision or again open fresh short when they firm up.whats your views thx.

   Regards
   Arun Kandyal

9. on 09 Sep 2009 at 12:29 pm9smith

   the technical support levels are working well today. Just a little slide and now we are in the yesterday’s levels, EUR made a new local high, and the denominator currencies are losing the gain take up in the last 12 hours.
   This is the sentiment creating and inducing traders to initiate long positions? after that more drop or slide can be seen?

   regards,
   smith

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