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

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melting down

Posted on September 16, 2009 at 14:01 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP as expected are making the melting down moves now.From mid US session they are expected to make drop below the low.This sort of moves are being done to induce traders to buy following support estimates.then the players disrespect such estimates.hence there is known way of calculations of support I,II and III.

Their hidden intentions of holding high could become visible in coming days.

Regards

Dr.Sivaraman

55 Responses to “melting down”

  1. on 16 Sep 2009 at 2:04 pm1smith

    so the bigger drop is again delayed as I understand (that was mentioned at the webinar), just melting down. Is it correct?

  2. on 16 Sep 2009 at 2:08 pm2Arun Kandyal

    HI Dr.
    Which timing in GMT do you consider exactly early,mid,late session for all sessions thx.

    Regards
    Arun Kandyal

  3. on 16 Sep 2009 at 2:10 pm3mz

    doc will you be kind to clarify.does this mean the will continue droping until when?
    kind regards, thank you

  4. on 16 Sep 2009 at 2:17 pm4Sum

    Dear doc, will they drop Gold and Silver as well.

    Thanks,

  5. on 16 Sep 2009 at 2:19 pm5Frank

    Dear Dr. Sivaraman

    Could you give us a further explanation on these support levels/estimates, ie: “This sort of moves are being done to induce traders to buy following support estimates.then the players disrespect such estimates.hence there is known way of calculations of support I,II and III.”

    Thank you

  6. on 16 Sep 2009 at 2:32 pm6carlab

    Dr: Even if mkt cuts todays lows, EU will still quote 100 pips higher than ydy and +200 more than friday. Expectations were for lower levels. So my question again is: What will come first, 1.44 or 1.48? Tks very much for your big efforts

  7. on 16 Sep 2009 at 2:47 pm7jefe

    Looked to me like they were holding GU and EU to handle the crosses…(and continue to keep GY traders in tight range)

  8. on 16 Sep 2009 at 2:48 pm8Dr. S. Sivaraman

    Dear smith
    yes
    Regards
    dr.Sivaraman

  9. on 16 Sep 2009 at 2:49 pm9Dr. S. Sivaraman

    Dear Arun Kandyal
    !:30 hrs from start is early session and 1;30 hrs towards close is late session and inbetween is mid session.
    Regards
    dr.Sivaraman

  10. on 16 Sep 2009 at 2:49 pm10Dr. S. Sivaraman

    Dear mz

    swing,slide and drop till week end.
    Regards
    Dr.Sivaraman

  11. on 16 Sep 2009 at 2:50 pm11Dr. S. Sivaraman

    Dear Sum
    Yes
    Regards
    Dr.Sivaraman

  12. on 16 Sep 2009 at 2:51 pm12mz

    thank you sir

  13. on 16 Sep 2009 at 2:52 pm13mz

    thank you sir.

  14. on 16 Sep 2009 at 2:54 pm14vinesh

    Doc is UJ going to break the 91.73 barrier and is UCAD going to visit the 1.11 highs it made earlier in the coming days

  15. on 16 Sep 2009 at 2:55 pm15jaydee

    dear doc,
    seems like tht ur earlier prediction tht the contrarian moves will begin after mid week has come true as the UJ is making highs and GBP is nt dropping.. i think tht what u told before tht the drop is till mid week has come true and the players may nt drop more nw and they may get numerators range bound here while rising the denominators. what do u say sir???
    regards

  16. on 16 Sep 2009 at 2:58 pm16Dr. S. Sivaraman

    Dear Sum
    the players drop up to pivot point or the support calculated statistically and induce traders to buy when traders feel that the market is moving as estimated,then after a brief pull back they drop- then traders could feel it could be well supported at second support level and average,then they drop and go to fib retracement levels and then traders expect that could be respected- then the players drop quickly for the traders to feel that the support has turned to be resistance and long term channel shows downward trend, and then rise quickly, when the traders liquidate their long positions and short - they do it on the upside as well.
    Hope you understand now.
    Regards
    Dr.Sivaraman

  17. on 16 Sep 2009 at 3:04 pm17jacob

    movement still correlated to equities, havent broken from that all month

  18. on 16 Sep 2009 at 3:10 pm18Dr. S. Sivaraman

    Dear carlab
    My estimate says we could see in euro 1.44 before next rise.
    Regards
    Dr.sivaraman

  19. on 16 Sep 2009 at 3:10 pm19Frank

    Thank you for the reply Dr Sivaraman.

  20. on 16 Sep 2009 at 3:25 pm20carlab

    Jacob, the correlation is absolutly true. See lows in march, move up till july correction, and higher highs lately. In my opinion this is happening cause mkt is using dol as the funding ccy, which used to be mostly the yen. But as Dc. says overall they dont have to correlate per se. In fact, when biggest stock mkt, the american, goes higher the USD should follow cause external investors need to buy the ccy to invest.

  21. on 16 Sep 2009 at 3:46 pm21Francesco

    Dear Dr.Sivaraman,

    I don’t know if you are expecting a trend reversal, but if this is the case, could it be ruled out that the more players hold up or down, the more the coming drop/rise could extend?

    Thank you!

  22. on 16 Sep 2009 at 4:01 pm22smith

    Doc, no melting down, just another stop hunt in EUR. And I think a lot of stops can be placed above 1.4720.
    Traders are not commiting longs?
    And of course, denominator currencies (except JPY) are suffering again.
    How long can this procedure take?

  23. on 16 Sep 2009 at 4:09 pm23ATF

    Dear Doc

    Do u see GBP touching 1.6100 range till weekend.
    And also what would indicate its trend reversal.

    Best Regards.

  24. on 16 Sep 2009 at 4:19 pm24Pavel

    Don’t you think that all traders are selling and thats why it’s going up and up.

  25. on 16 Sep 2009 at 4:28 pm25smith

    yes, it seems that they are doing that… that’s why we are here.

  26. on 16 Sep 2009 at 4:51 pm26smith

    Doc, I have a question. If we may see the reversal in EUR and GBP, can we assume that this was the high and we will see more drop and lower levels and not see an other rise next week? I mean if EUR will drop to around 1.45, it will not rise to 1.50 but sliding to 1.40-1.42 area.
    Just because this kind of volatile moves are not normal or I have seen it very, very rarely.
    Or everything will go in the same way and we will see more USD weakining move…

    regards,
    smith

  27. on 16 Sep 2009 at 5:21 pm27Mevlut

    Dear All,
    This is the last chance close all your short positions. I dont think there will be any drop, slide or melt. The players deceives the traders to wait for a drop but it is impossible. It may go up till 1.50

    Regards,

  28. on 16 Sep 2009 at 5:46 pm28Dr. S. Sivaraman

    Dear smith and Mevlut

    During consolidation time the direction may appear opposite and patience testing.Hence we find surprise after the visible moves.
    Their intention is very clear they are holding and selling near high and making breif upward stop hunts- the net changes in all pairs are no way near net permissable levels.
    make a note of your feel and expectations and review after a few days then you could understand that players create market sentiments and act against traders when traders commit positions.
    Regards
    Dr.Sivaraman

  29. on 16 Sep 2009 at 5:48 pm29B€hr

    you must give the good Dr. time for his forecast he has phenomenal insight and technique.

  30. on 16 Sep 2009 at 5:52 pm30Gregor

    Dear dr.,

    do the players act together or is it some kind of competition between them?

    G.

  31. on 16 Sep 2009 at 6:02 pm31Frank

    Dr. are you saying that because they have not used the permissable net change and are instead holding near the highs that this is an indication that they are selling

  32. on 16 Sep 2009 at 6:04 pm32Frank

    Could it also be possible that they are holding it near the highs to buy from the short sellers ?

  33. on 16 Sep 2009 at 6:30 pm33Emil

    except that it is not dropping….much less melting down.

  34. on 16 Sep 2009 at 7:18 pm34Ange

    Dear Doc,
    I have the same query as Smith in comment 25:

    1)when the EU does eventually show retraction, is it likely it will come down only to 1.45 levels before it goes up again

    2) has not the EU already reached the net permissible monthly net change already?

    many thanks for all your advice

  35. on 16 Sep 2009 at 8:00 pm35TheRumpledOne

    “EURO and GBP as expected are making the melting down moves now.From mid US session they are expected to make drop below the low.”

    EURO near daily high. Ditto for GBP.

    Win some, lose some.

  36. on 16 Sep 2009 at 8:08 pm36pipso

    Doc,

    I am still in the opinion that algorithm must be perfected further. Small traders are already shaky and when you strongly say with headlines often that the price level is going to go up or down, they take your word. I remember GU took almost 3 weeks to start going up (after the fall from 1.70 to 1.61) after you have been saying that it would go up. Now you have been saying almost 2 weeks that EU will go down, still no sign of that. Whatever goes up will come down for correction. I hope you will forecast on thursday as such that it will reflect what happens in the market. Even the superstars make mistakes. I do think that you are a superstar from skill sets that you have shown here for months. Please forecast as such that the small traders can take steps to safeguard the equity. Thanks.

  37. on 16 Sep 2009 at 8:22 pm37Mikey Smith

    I hope that the Dr stops making predictions altogether and instead helps people learn to trade better.

    The Dr. is only setting himself up for criticism when he continually makes wrong calls about market direction.

    It is easy to say that the price will fall and when it does not then say well it will fall tomorrow and so on and so on until eventually the prophecy comes true.

    I like the Dr and his outlook on the market but i would like to see him do some live webinars when the market is open and explain to us how he is reading it.

  38. on 16 Sep 2009 at 9:22 pm38Mevlut

    Dear Dr,
    I have made lots of money by using your guides for the past 2 weeks and i am thankful for that. But for the 3-4 days, the players always did the same:”Make a slide then rise beyond high”. So i conclude that the players make a perception of drop and trap the traders. I was traped this type of movement in July when GBPUSD go beyond 1.70. Therefore, the players may not allow a drop till the traders positions are mostly long rather than short. This is only possible if it goes up much higher. Do you agree?
    Regards

  39. on 16 Sep 2009 at 9:24 pm39Fred

    Retail sentiment indexes, at 18:00 GMT, still showed that around 75% of retail traders are short EUR/USD. These traders have yet to give up and capitulate, and until many of them do the market can’t go down. This capitulation could happen any time though so hopefully we will see the fall soon.

  40. on 16 Sep 2009 at 10:27 pm40Mark

    Fred,

    Do you have a link for those Retail Sentiment Indexes? If not Fred, anyone else have them?

    Thanks in advance,

    Mark

  41. on 16 Sep 2009 at 11:55 pm41mike

    Hey Pipso,

    If you think that the algorithum needs work than make your own, start your own blog and quit questioning doc. A lot of you seem to think that the doc has a crystal ball and every week it is the same old crying when things don’t go your way. It is obvious that these comments are the result of poor trading techniques. The market will always go up and down. The panic in your messages are exactly the emotion that the players are trying to get from you so you will jump ship. All this market does is go up and down. Stop being so myopic and please have some patience. The doctor is a truly wonderful man and deserves a lot more than you second quessing his every move. Like he said earlier write your feelings down and revisit them next week. Then see where the market is. Doctor, thank you for everthing that you do for us and please don’t let the words of a few ruin your work.

  42. on 17 Sep 2009 at 1:51 am42jefe

    Hi Fred,

    Good Info!!

    Any idea at what percentage should be long/short before the players turn on the traders?
    I have found this one to be useful -I understand Saxo bank has one- but I was unable to find it
    http://www.dukascopy.com/swiss/english/marketwatch/sentiment/

    Just an observation- on the U CHF– 85% long…(does this mean good place to short- until traders have changed sentiment?)

  43. on 17 Sep 2009 at 2:10 am43Fred

    jefe,

    Thanks. I don’t want to hijack the Doc’s thread with discussing other analysis info that he may not use but I have just noticed, using FXCM’s proprietary sentiment indexes, that the Eur/Usd has had a lot of short positions lately and I have noticed in the past that until these sentiments get less extreme the markets don’t turn. However, these sentiments can change so quickly that by the time the readings become obvious the market has already made its move. So I just use these as a confirming tool for my other analysis and the Doc’s great analysis. If anything these sentiment index readings help me to be just be a little more patient at times, which can give more benificial entries.

    That’s my two cents on the subject. And thx to Dr. Sivaraman for taking his time every day to share his ideas on these great threads.

  44. on 17 Sep 2009 at 3:23 am44jefe

    Fred,
    No problem — maple69vt yahoo
    The Doc does teach this in his strategy– only he teaches using the net change page. But I prefer charts :)
    We all have our own different trading styles too :)

  45. on 17 Sep 2009 at 4:41 am45Martin Minor

    Hi all,

    Blame yourself first when you lose! the same when you win.
    Learn, you must know how to learn.
    Thanks.

  46. on 17 Sep 2009 at 6:24 am46Mark from Idaho, USA

    EUR/USD…up up and away we go!

  47. on 17 Sep 2009 at 6:40 am47smith

    again the opposite happening what was heard at the webinar. I am tending to give up fighting.

  48. on 17 Sep 2009 at 6:53 am48Gregor

    Dear Smith,
    if I’m not wrong I think Dr. was talking about smal up-hunt in E/U before slide. Give up fighting is what the players want us to do, I think…

  49. on 17 Sep 2009 at 6:54 am49kelvintc

    I found there is a tendency of breaking high lately. It just keeps on doing that which makes me started to being impatient..

  50. on 17 Sep 2009 at 7:08 am50Arun Kandyal

    Dear smith
    Dont ever try to give up when you give up ,the objective of players completed.this week and past week i earned nothing just lossing in euro and i belive euro is in potential downside they are just making 25-30 pips upwards stop hunts and holding but when it wil begin to drop no support and floor found until it losses 250-300 pips.

    Regards
    Arun Kandyal

  51. on 17 Sep 2009 at 7:17 am51smith

    I know, I do not give up, I just want to manipulate the players :) the only thing is that I am stressed a little bit because of the delaying of the price actions

  52. on 17 Sep 2009 at 8:29 am52Ange

    Like the doctor said this morning, lots of traders are wary and not taking positions, and the ones who have are probably all shorting EUR/USD and not wanting to give up positions, giving the players headache. It is now a patience game and of course money power. Personally I do not expect anything to change until next week… players can still be one up with lots of traders unable to hold positions over the weekend. And Arun, I thought maximum net permissible daily net change for EU was only 150-160pips. Are you anticipating a 250 pips total fall?

  53. on 17 Sep 2009 at 9:07 am53Arun Kandyal

    Ange

    i think you didnt getme i am talking about 250-300 pips drop in week and overall not in one day.

  54. on 17 Sep 2009 at 10:16 am54prince

    Iam short on stg from 1.6430 . hope it will fall soon

  55. on 17 Sep 2009 at 10:17 am55prince

    doc, what times (GMT) are you available to reply?

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