33 Responses to “trend reversal time”

1. on 28 Sep 2009 at 5:40 am1Adnan Butt

   Respected Dr,
   I am doing my trade according to your instructions for the last one month. I am finding ur analysis very useful. Thanks a lot for ur guidance.

2. on 28 Sep 2009 at 5:42 am2Ion

   Dear Dr. Sivaraman

   I do read your blog for almost a year and you did improve the way i see the market more and more each day. Thank you so much for all.

   Regards

3. on 28 Sep 2009 at 6:56 am3Gregor

   Dear dr.,

   if I understand it right this week is only a correction to a longer term rise in GBP & EUR.
   If we are heading towards levels from beginning of 2008, then CHF and JPY would “suffer” the most - especially against GBP, I guess…

4. on 28 Sep 2009 at 6:58 am4Santosh

   Dear Sir ,

   Regarding your comment on GBP/USD can rise after Non Farm Payroll excuse, Two questions
   1. There is one more excuse of UK GDP before that , DO you think it is big enough excuse for the players to start the rise?
   2. Why do you think GBP/USD can not fall any further than 1.5600?

5. on 28 Sep 2009 at 7:17 am5Ahmed Hanif

   Dear doctor, you are saying that GBP and Eur will both drop and on the other hand you are saying that Eur/Gbp will test 0.87 level so if both of the pairs drop, we have seen that Gbp drops more than Euro as it is the weakest of all the currencies at the moment, so how come eur/gbp will test 0.87 level and do u think that this pair will test 0.87 level this week?

6. on 28 Sep 2009 at 7:30 am6TheJade1

   Dr. Thanks a lot for your insights. I attended your webinar for the first time but already your follower for a few weeks. One word to describe you - brilliant. I took your advise and hold 5 lots of EUR/USD for a few weeks patiently where at one time my losses was more than 12K. I have just liquidated a while ago with a small profit as I heard that it would rise during European session. It was true. I am still patiently holding 2 lots of EUR/GBP losing more than 10K. Still holding 2 lots of GBP/JPY at a loss of more than 20K, long at 151.302, would appreciate your advise. Thanks a lot.

7. on 28 Sep 2009 at 7:54 am7San

   Gbp will close positive today?

8. on 28 Sep 2009 at 8:40 am8smith

   Doc, after this slow firm up in USDJPY, do you expect further drop to the daily low? I think you mentioned this at the webinar.

9. on 28 Sep 2009 at 8:59 am9Francesco

   Dear Dr.Sivaraman,

   what is your view on AUDUSD for this week?

   Do you think it can perform similarly to EURUSD as it usually does?

   Regards,

10. on 28 Sep 2009 at 9:28 am10jimbo

    Hi Doc, do you expect the drop in EURO/USD to cut the low set today in the US session ?

11. on 28 Sep 2009 at 10:00 am11TheJade1

    Being patient and correct timing are 2 important things which I am lacking. Doc’s insights is far valuable than the signals from charts. I am going short again, averaging up EUR/USD at >1.4630 in this European session and wait for the drop in the coming US session as predicted by Dr., which I am quite confident with. Also hedged against my GBP/JPY losses by selling short EUR/JPY, it is funny that GPB/JPY now stopping the free falling. Many times when the hedge positions were removed by getting some profits, it fell till my heart broken.

12. on 28 Sep 2009 at 10:55 am12Raj patel

    Doc,
    Sheer Brilliance:
    Drop in mid euro-session for cable worked out perfect.
    High of 1.5912 (drop in less then 30min) cut through 1.5909 low, All the way to 1.5839.
    approx 78pips
    Well done doctor.
    cheers

13. on 28 Sep 2009 at 11:57 am13Robin

    Dear Doc
    When Gu will touch 1.6200???Is it after the non farm payments roll???

14. on 28 Sep 2009 at 12:23 pm14Raj patel

    Dear Doctor,
    Please verify if l heard you right in the webnair that Gbp is sell and buy till wednesday the 30th.
    at which point could we see a sustainable reversal for postional trading?
    Many thanks
    Raj

15. on 28 Sep 2009 at 1:00 pm15hugme

    Dear Dr.Sivaraman,
    I hope can have your advice on how to close the hedging position on E/G.Since there have been wide range swings happened in the market,improper timing action i took only resulted in added loss(leaded to wider range hedged position).I do hope you could give specific guidence on this .

    Many thanks.

16. on 28 Sep 2009 at 1:49 pm16Sam

    Hugme, I fear you are in a similar position to a number of followers of the Dr with regards to EG. Hopefully it will drop sooner rather than later.

17. on 28 Sep 2009 at 2:16 pm17hugme

    Yes ,Sam.I am afraid it is the case.The too much continuous up rise just meakes me feel that lack of techniques may bring more loses after close the hedging position.

18. on 28 Sep 2009 at 2:24 pm18Masood

    Dear Dr.
    Thank you for this wonderful service you offer. I have found your analysis very informative.

    With specific regards to EUR/GBP, what is your feeling if this will continue to drop? Mnay of us are short this pair from .9150 or therabaouts, and yet, it has continued to climb higher, leading to mild to moderate levels of anxiety.

    Thank you for responding,

    Masood Kureshi

19. on 28 Sep 2009 at 2:41 pm19Chris

    Dear All

    Dr. Sivaraman is gracious enough to freely provide analysis and updates. He can only make suggestions, you should trade accordingly to your equity as it allows. Position trades should be opened with no more than 5-10% of equity and rest should be used to protect such positions.

    Goldman Sachs also suggested EUR/GBP to .86 levels within the following month(s). Remember, these moves take time and players operate off of positioning taken by traders.

    I keep a trading journal and this has allowed me to comfortably trade at ease under all conditions.

    The daily is very convincing that the trend reversal in EUR/GBP has begun.

    EUR/USD is supposed to drop through tuesday, perhaps reaching 1.45-1.44 levels, then rise again, but rise in GBP is expected to be higher as fair value exchange rate is around 1.69 -1.71 area.

20. on 28 Sep 2009 at 2:57 pm20Dr. S. Sivaraman

    Dear Gregor

    yes month end reversal time - a qucik drop tomorrow and then lower level consolidation till early friday and then upward rise is expecte.There may not be big drops in denominator currencies.USD/CHF and USD/CAD have already done that and now usd/yen and then all will rise along with numerator currencies from next month.
    Regards
    Dr.Sivaraman

21. on 28 Sep 2009 at 2:57 pm21Constantin Lucian

    HI Chris, i’m also a position trader and have a sell position on eur/gbp and have equity to withstand this moves…but now i’m worried that going so high it won’t come down at a break even or profit level for me. I wonder if we can reach levels below 0.90 this week or next week.

22. on 28 Sep 2009 at 2:59 pm22Dr. S. Sivaraman

    Dear Santosh

    i am not relating the moves with levels.the levels are determined by the panic traders in the market .We could see other data could also have the influence and create volatile moves.
    Regards
    Dr.Sivaraman

23. on 28 Sep 2009 at 3:00 pm23Dr. S. Sivaraman

    Dear Ahmed Hanif
    the players can just do opposite of what they done to rise euro/gbp when they want to drop.
    Regards
    Dr.Sivaraman

24. on 28 Sep 2009 at 3:01 pm24Dr. S. Sivaraman

    Dear smith
    They could retrace the low tomorrow during late European session and then rise usd/yen.
    Regards
    Dr.Sivaraman

25. on 28 Sep 2009 at 3:02 pm25Dr. S. Sivaraman

    Dear Francesco
    yes - to certain extent.
    Regards
    Dr.Sivaraman

26. on 28 Sep 2009 at 3:03 pm26Dr. S. Sivaraman

    Dear jimbo
    expected.
    Regards
    Dr.Sivaraman

27. on 28 Sep 2009 at 3:08 pm27Chris

    Dear Constantin Lucian

    I am expecting levels around .89 towards week-end. Players are testing the patience and making pump and dump moves. I expect them to drop EUR towards aforementioned levels, to buy against their selling. Volume levels suggest the reversals are very near.

    GBP has made massive drop and now is making quick rise and drop moves as players are building buy positions. There may be a final quick drop that will be absorbed by the players before massive rise.

    Happy trading and have faith in Doc

28. on 28 Sep 2009 at 3:22 pm28TheJade1

    Dr. is genious. Just to share based on the tips from this afternoon webinar. After turning a >12K loss of 5 lots EUR/USD (accumulated after a few weeks) into a few hundred profits this afternoon before the start of European session, I short EUR/USD again averaging up 3 lots at 1.4644. Just took a few hundred $ profits when it dropped to 1.4630. I am waiting to go short again. Also closing my hedging position EUR/JPY with very little profit. However, all these were insufficient to offset my realised losses of closed to 5K due to the free falling of USD/JPY this morning. We should take the tips from Dr in the correct context and plan our move strategically. More importantly, check the level of your margin to cover the ‘unexpected’ or put a proper stop loss. I don’t place a stop loss order, which is very risky and not encouraged because all your gains in a month could be wiped off in less than a day.

29. on 28 Sep 2009 at 3:31 pm29Constantin Lucian

    Thanks Chris..i always do

30. on 28 Sep 2009 at 3:42 pm30Jason Macko

    I have heard many breathless reports of a GBP/USD level of 1.5200-1.5500 by year end, before a move up to around the 1.8100 area by Q1/Q2 of 2010; Traders, banks, and institutions will ultimately decide what happens. As always, we have no guarantees of anything in life, and that is the nature of probabilities. For long GBP position traders (me included this time to my chagrin), this last 72 hours has been sobering and very educational.

31. on 28 Sep 2009 at 5:22 pm31Constantin Lucian

    I’m a little concern with AUD/USD..i can’t tell if it wants to go up or down with this zig zag back and forth move..i’m hopping that they are building sell positions to drop below 0.86

32. on 28 Sep 2009 at 5:24 pm32Sam

    The Doc previously mentioned that it should go to .86 so let’s wait and see.

33. on 28 Sep 2009 at 6:29 pm33TheJade1

    Chris,

    Thanks for your very good analysis. “The daily is very convincing that the trend reversal in EUR/GBP has begun.” I am also seeing more light now and hopefully 0.86 level can come earlier rather than later. Thanks Dr and all other valuable comments by the experts.

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