9 Responses to “swing moves are seen”

1. on 05 Oct 2009 at 4:17 pm1Ahmed

   Thanks for the update.Its invaluable in these difficult market conditions.
   Regards

2. on 05 Oct 2009 at 4:39 pm2Masood

   Dr:
   Can you briefly explain who the “players” are, and what effect they can have on world currency markets?

   I am not new to Forex trading, but have never heard it explained in your terms before.

   Thank you for your wise guidance…it is very helpful for me.

   Respectfully,

   Masood

3. on 05 Oct 2009 at 5:20 pm3Dr. S. Sivaraman

   Dear Masood
   Players are money powered traders who can take the markets any way they want to trap traders and earn.
   Forex market is a place where we find unequal fight - the giant = the players and dwarves = the traders.
   Regards
   Dr.Sivaraman

4. on 05 Oct 2009 at 5:49 pm4Pavel

   Hello
   Do You see eur/gbp to drop?
   Thanks

5. on 05 Oct 2009 at 6:38 pm5Robin

   Will EUR and GBP cut fridays low (1.5803 and 1.4482)tomorrow before rise ?? and will it cross todays high as upward stop hunt ?

6. on 05 Oct 2009 at 7:22 pm6Jason Macko

   Frustration would be the word to use with GBP for the last week and 1/2. Keeping emotions under control is difficult, and it makes it difficult to plot one’s options when holding positions above resistance and similar for anyone holding shorts under support. Do I cut the deal and take the loss, do I average down with the firm choice to break even at first opportunity, or do I wait. I look forward to your presentation, nonetheless.

7. on 06 Oct 2009 at 4:52 am7Adnan Butt

   Respected Dr,

   Do You think that down trend for eur/usd has exhausted.
   I have been trapped in 1.4330 to 1.4500 (having 2 to 3 lots)
   I must wait for down trend in near future or clear the lots?

8. on 06 Oct 2009 at 6:47 am8TheJade1

   My 2 cents worth is that a strong Euro will continue for sometime. If your margin allows, you may hold to see if it surges further. If yes, you may average another 2 to 3 lots at 1.48 or higher and wait for it to come down and clear your position at small profit or minimise your losses. However, this is only for reference and the decision is absolutely yours because the risk of it running higher is still there although I think the possibility is low. The previous high was 1.4844 and this seems to be a difficult level to break. Good luck, I am also having a loss position selling from yesterday averaging up 7 std lots at 1.46903. My decision is to hold. We all need more good luck although professional traders always advise don’t play on luck.

9. on 06 Oct 2009 at 7:32 am9Beadelta

   Good morning doctor

   will this week we look at the E/G in 88 ?

   Thank you very much

   Jane

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