37 Responses to “EURO and GBP are expected to swing and slide”

1. on 12 Oct 2009 at 8:08 am1Santosh

   Dear Sir ,

   is this fall in GBP/USD a stophunt or a new downtrend?

2. on 12 Oct 2009 at 8:10 am2Robin

   will there be downward stop hunt in EU and GU today before Rise???

3. on 12 Oct 2009 at 8:16 am3Francesco

   Good day Dr.Sivaraman,

   even on a day like this one, gold is making new highs.
   Do you think it may eventually drop or there may be some more upside to trap the market?

   Regards,

4. on 12 Oct 2009 at 8:18 am4Santosh

   Also When do you see the major rise in GBP/USD starting which will be the trend reversal?

5. on 12 Oct 2009 at 9:12 am5smith

   Doc, regarding EURGBP this rise is a slow rise, so can be an intentional. As the time goes, big reversal may be expected just in weeks time or when can we see that the GBP is overperforming the EUR?

6. on 12 Oct 2009 at 9:13 am6Junaid Pervaiz

   Dr,

   Please give your views regarding GBP, what are your expectations on it if your seeing it on the upside in the following week. Do you expect GBP to attain levels above 6300 in the short term or do u see it on the downside.

   Regards,

   Junaid Pervaiz

7. on 12 Oct 2009 at 9:28 am7jaydee

   Dear doc,
   how do u see this low of GBP today? now do u just expect a stop hunt below that tomorrow or today or it can even drop from this low…
   regards

8. on 12 Oct 2009 at 9:36 am8ignacy

   Dear Doc,

   Whats the possible low of the GBP/USD of the upcomeing week?

9. on 12 Oct 2009 at 9:47 am9William

   Hey Doc

   Has this been a normal year. Your annual forecast algorithm has gone way over on the aud and cad by 8-10 figures. Is that typical overshoot for your yearly forecast or just didnt perform up to par this year? thanks

10. on 12 Oct 2009 at 10:15 am10vinesh

    Doc, UCAD has weakened and broken down below last years low. do u still expect it to go to 1.11?

11. on 12 Oct 2009 at 10:16 am11Sanio

    Dear doctor, will eur heading toward 1.485 area in the next few sessions or the players make fake moves?

    Thank you,

12. on 12 Oct 2009 at 10:48 am12Dr. S. Sivaraman

    Dear All
    It was explained during Asian session: Live market analysis webinar time today that contrarian moves are expected for a day.Now we see EURO rise and GBP drop.EURO rise and USD/YEN rise.Players are handling first the crosses now and they will come to majors - slide them towards close of European session and during US session.Tomorrow they are expected to make volatile moves and quick drops in euro and gbp and rise denominator currencoes.All time loes are high may not be sustained.they are shown for record purpose and to create the market sentiments,later the players are known to act against the traders.
    Regards
    Dr.Sivaraman

13. on 12 Oct 2009 at 11:15 am13pipso

    Dear Doctor,

    Your forecast in EU and EUGBP has not not been accurate for a while now. We are talking about at least 5-6 weeks since they started going up. Please advise if we are going to see much higher eu etc. Thanks

14. on 12 Oct 2009 at 11:32 am14beadelta

    Hello doctor,

    what do you think the e / g for this week?

    thank u very much ,

15. on 12 Oct 2009 at 12:34 pm15Dr. S. Sivaraman

    Dear eadelta
    EURO?GBP is expected to slide from US session.Week beginning upward stop hunt is shown to drop during the week.
    Regards
    Dr.Sivaraman

16. on 12 Oct 2009 at 12:41 pm16beadelta

    Hi doctor ,

    thank u very much ,

17. on 12 Oct 2009 at 12:58 pm17Nazali

    Hi Dr

    Do you expect eur and gbp to break todays lows today. Many thanks.

18. on 12 Oct 2009 at 1:22 pm18Dr. S. Sivaraman

    Dear Nazali
    EURO is expected to slide during US session.Later GBP is also expected to slide some.Tomorrow both are expected to quickly drop during Japanese session.
    Regards
    Dr.Sivaraman

19. on 12 Oct 2009 at 1:55 pm19smith

    Doc, I know that EURGBP is able to make one sided move easily but now we are very far away from even the 0.90-91 area, maybe somewhere at the end of Oct or Nov. Players are always accumulating buy positions? because no significant drop but huge rise is seen in the past one month. I have stucked to the short positions (of course I did not use the hedge), and this continuing rise really annoys me.

20. on 12 Oct 2009 at 2:21 pm20Dr. S. Sivaraman

    Dear smith

    In a situation like this - when players make one sided moves - hedging helps a lot to limit the risk and to earn during other way move.But they are expected to slide EURO/GBP from now during US session and drop tomorrow below today’s low.
    Regards
    Dr.Sivaraman

21. on 12 Oct 2009 at 2:26 pm21vinesh

    Doc what are your comments on AUD/USD and USD/CAD

22. on 12 Oct 2009 at 2:41 pm22Dr. S. Sivaraman

    Dear vinesh
    commodity pairs are expected to reverse from here.
    Regards
    Dr.Sivaraman

23. on 12 Oct 2009 at 3:03 pm23smith

    EURGBP’s rise is endless… I can not see the reason why it should reverse. I am really disappointed. no slide in EURUSD just GBPUSD as in the past one-two months…

24. on 12 Oct 2009 at 3:30 pm24grow

    Will the quick drop and downward move last into the Eu morning session? then do we do the buy trades?

25. on 12 Oct 2009 at 3:33 pm25Joss

    Doctor,

    I am British citizen trying to fidn the right time to convert the GBP to EUR. The last couple of days it has only been going down.

    When do you expect the GBP to go up again against EUR? The situation is dramatic over here.

    Thanks

26. on 12 Oct 2009 at 5:13 pm26Chris

    Smith

    Markets act irrationally for much longer than is expected. The players know traders have limited patience and equity and test this on a daily basis. Patience is rewarded in the markets, Doctor Sivaraman has emphasized this time and time again.

    Before panic, ask yourself: What makes future suggested levels come to mind? Moves to .95 .96 1.00 only come to be as the traders let their emotions take hold of their imaginations.

    Markets rise and drop and drop and rise, that is all they do. As players book their profit and build sell positions such causes levels to slide, then drop in markdown, then drop as retail follow new trend reversal. Only to repeat process again. Irrationality is temporary, all things that rise must fall and all things that fall must rise again, such is the way of the markets.

27. on 12 Oct 2009 at 6:33 pm27ATF

    Dear Doc,

    How GBP/USD & Gold are expected to behave now?

    Regards.

28. on 12 Oct 2009 at 9:54 pm28Sasa

    gbp is bad, short it. 1.5039 is the bottom

29. on 12 Oct 2009 at 11:40 pm29sandy

    I see euro is capped by 4820 for today and tomorrow.
    anything above 4790 is a good short position. stop loss 4820.
    profit taget 4670 or lower.

30. on 13 Oct 2009 at 1:43 am30Mike

    Hey Sandy,

    quick question I pulled this from an earlier blog post and am just a bit curious.

    sandy

    “euro will go straight up to 1.5200. this is one way market, don’t bet against the trend.

    back in 2003, i been following dr.silverman’s advice. I lost a lot of money. His recommendations sometime can be delay as much as 4 months. If you guys waiting euro to go down, you must have patience.”

    If you don’t support the Doc than why are you on here offering opinions and also if you have been around him since 2003 how come you got his name so wrong? Doctor Silverman is my dentist not our great Doc. Not trying to stir up trouble just curious because it did make sense to me.

31. on 13 Oct 2009 at 1:44 am31Mike

    didn’t

32. on 13 Oct 2009 at 2:43 am32Saswata Banerjee

    Mike,
    great recall man! sandy is a miserable human being and will never be a successful trader if he cant learn to blame himself for his own mistakes.
    thanks to Doc for all the help he is doing to us who follow him diligently!
    All the Best

33. on 13 Oct 2009 at 2:49 am33Mike

    Well I don’t know him/her well enough to make such a statement but I did remember that old post and when I saw this one it sent up a red flag so I went and dug the quote out.

34. on 13 Oct 2009 at 4:39 am34sandy

    Hey mike

    Learn to trade from your mistake. I said it is a one way market, from the moving average, & all other indicators support my view on strong euro. However, there is minor correction, that is why i recommend to place a trade to risk only 30 pips to get reward of 100 pips. Being a good trader is one who can learn from his mistake. If you want to have faith in doctor’s forecast, that is fine. My opinion, forecast can only be used as guideline only; don’t put all of your “eggs” in one analyst’s basket.

    Some trader can forecast 90% of the market, but can’t make any money out of it.
    some trader is wrong at 90% of the time, but still make good money. Who you want to be, mike?

35. on 13 Oct 2009 at 4:43 am35Mike

    What the hell are you talking about? First off I am not complaining about any mistakes. Secondly I I am well aware of the strategy and often tell others to ignore the forecast. Just wondering why you on one hand don’t seem to buy into what the Doc has to say even proclaiming that “he has lost you money” yet you are still here seeking his advice. Quite strange if I may say so myself.

36. on 13 Oct 2009 at 4:48 am36sandy

    “9William
    Hey Doc

    Has this been a normal year. Your annual forecast algorithm has gone way over on the aud and cad by 8-10 figures. Is that typical overshoot for your yearly forecast or just didnt perform up to par this year? thanks”

    “18TheJade1

    I have taken the advice from Dr a stated above to average up my long postion of EUR/USD opened since 5 Oct. I am now down with $6.5K for the 8 lots I am holding. Let’s see what will happend.”

    I didn’t make up those comments. Those are the traders who mindlessly believe something they don’t know about. I only believe in result. So far, I haven’t seen the real result. If there is trade recommendation, then post some numbers. If this is trading lesson, I hope somebody learned something from the trading lesson.

37. on 13 Oct 2009 at 6:44 am37Raj patel

    I will secound that Mike has never complained about anyone in fact he is the first one to calm things down.
    Hoy you sandy get your facts right before making such remarks.
    Raj

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