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Secret of holding high is revealed

Posted on October 27, 2009 at 14:23 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

When EURO,GBP,GOLD,AUD were holding high and denominator currencies were holding all time low - many were of the impression that they could go further higher and reach above last year high.But they fail to understand that multi year highs and lows can be shown once in multi years only.Now we are able to understand how the analysis using various attributes imagined such levels and indirectly helped the players to earn maximium from the traders.So during trend reversal times this sort of imaginations bound to happen fromtime to time.

Now the players have revealed their true intentions.they are known to make up and down moves in the market but if we get linear projections we fail to recognise the curvilinear patterns of the market - namely trend reversals.

Understand the man made market and trade using the limitations of the market players.

Regards

Dr.Sivaraman

Tags: Trend reversals

24 Responses to “Secret of holding high is revealed”

  1. on 27 Oct 2009 at 2:32 pm1Chris

    Doc,

    From levels seen so far, am I correct that GBP could reach 1.55-1.57 levels through early November before next rise?

  2. on 27 Oct 2009 at 3:19 pm2Arthur

    Hi Dr,
    Everyone was expecting a drop but question was when and from which level….your forecast was supposed to pinpoint these and it didn’t.

  3. on 27 Oct 2009 at 3:32 pm3jeff

    Dr,
    GU has risen both mon/tues Eu has dropped mon/tues. The EG has fallen for mon/tues- and not dropped below todays low as EU has.

    Based on this and mid week arriving– would mid week be stop hunts up in EU pairs/crosses subsequently rise in EG? at the same time dropping GU and Yen?

  4. on 27 Oct 2009 at 4:05 pm4Pico

    Dear Dr. Sivaraman,

    Finally EURUSD show us some retracement, yesterday it´s retraced to 38.2% fib level and today, it´s retraced a little more during Consumer Confidence release. Do you expect it to drop more? Where could be a good level do buy EURUSD?

    Thank you very much for all your efforts to help us!

  5. on 27 Oct 2009 at 5:24 pm5Diego

    Dear Dr. do you expect EU to get to 1.5000 levels soon?

  6. on 27 Oct 2009 at 6:21 pm6Dr. S. Sivaraman

    Dear Diego & Pico
    Yes by 3rd -4th week of Nov.the bottom could be reached by 2nd week of Nov.
    Regards
    Dr.Sivaraman

  7. on 27 Oct 2009 at 6:31 pm7Jasper

    Looking at your live quotes page I see that the e/j has made the most movement. It is currently at the lo for the week do you think it will go further by any chance? So far it has moved about 180 pips this week and I know you say the euri can move 350 pips about. Still more downward fall during asia today when it opens up?

    Thank you for your patience and insite. Just learning.
    Jasper

  8. on 27 Oct 2009 at 7:19 pm8Jasper

    My mistake. I typed 180 and it should be 280. Sorry. Also looks like the euro has hit a brick wall right now. Maybe a little swinging up now. What do you think? Time is 19:19 GMT

  9. on 27 Oct 2009 at 7:19 pm9Pico

    Thank you so much Dr!

  10. on 27 Oct 2009 at 8:43 pm10Diego

    Respected Dr. thanks a lot for your prompt response.

  11. on 27 Oct 2009 at 9:35 pm11Jack in AZ

    Dear Dr. S. Please, please give me a detailed example of a hedge. Do you buy one pair and sell another? Or, do you buy each of two pairs? Or do you buy and sell the same pair?
    Thank you. (And, are the entries at the same time or several pips apart?)

  12. on 27 Oct 2009 at 10:34 pm12mike

    To the Doc and all,

    Anybody who reads the blog on a regular basis knows that I don’t have any hesitation to voice my opinion and once again I am going to take an opportunity to do so. For weeks people have lashed out against doc when the euro went against them but where are all of the naysayers now. Where are the people who went short at 1.5050 and are now up 250 pips. Where are all the thank yous and we love you Docs? The message board seems empty of these posts. Did anyone make money from the drop or did most of you buy into the market psychology and go long and now are trapped again? Well I just want to take a minute to thank the Doc, not because he has made me money but because what he has taught me is priceless and also because he didn’t charge me a dime for it. He takes time out of his daily life to help us and often gets nothing more than a few thanks from his regulars but when things go bad oh boy watch out the people crawl out of the wood work to bash him. So people please take a moment to reflect and let the Doc know that his efforts aren’t in vain. So Doc from me (just a small trader looking to make it big) to you. I sincerely thank you for your time and efforts and just want to let you know that you have helped me tremendously and that I really hope that you continue to give your webinars in order to help other small traders as you have helped me.

    Sincerely
    Mike (phoenix USA)

  13. on 27 Oct 2009 at 10:48 pm13stefan

    Hi Mike and all
    can´t do nothing more than fully agree with last comment. Thank you Doc and God bless you!
    Sincerely
    Stefan (Austria)

  14. on 27 Oct 2009 at 11:33 pm14Erik

    Dear Doc, I would like to echo Mike’s comments: you are doing a wonderful job in helping us understand the dynamics of the market. One thing I definitely learned over the last few weeks is PATIENCE…. it certainly has paid off!
    Cheers
    Erik (Australia)

  15. on 27 Oct 2009 at 11:35 pm15Pico

    I´m have the same opinion of you Mike!

  16. on 27 Oct 2009 at 11:40 pm16Pico

    I always say thanks to Dr. because i know how to recognize his excellent job, and i learned a lot with him. I live in Brazil and always wakeup at 3 a.m. only to see his webinar.

    Thanks again Dr. Sivaraman!

  17. on 27 Oct 2009 at 11:44 pm17Jannah

    Dearest Dr,Just want to say a big thank as i`ve bank in pips n profited after following what u have been saying.Good bless u with abundance of joy,healthy etc

  18. on 27 Oct 2009 at 11:50 pm18Ginz

    thanks 4 the response Dr.

  19. on 28 Oct 2009 at 12:35 am19radha

    Dear Dr, I always hold you in very high regard and this is regardless of the accuracy of forecasts for the simple reason I am a bit better trader today than couple of years ago and you are the only reason for me getting better.

    Regards,
    Radha

  20. on 28 Oct 2009 at 2:06 am20Santosh

    Hi Mike ,

    I am a very infrequent contributer to this forum but a regular reader.After I read you comments ,I felt it does need a response.

    If you read my postings before , I have been very balanced and I want to be the same right now. You have to keep in mind one thing, While the advise is given free , When you are on a public forum and providing advise to a following , you have an implicit responsibility to your following, whether you like it or not or wants to own up to it or not . Any thing which happens/is done/followed due to your advise (Whether correctly understood or not !!) reflects back on you.

    While not completely agreeing with so called “NAYSAYERS” in your comment (Who are just looking for level information rather than learning the fundamentals of Doc’s strategy) , it has to be accepted that forecast did got delayed and quite a number of people are breathing easy on getting out their trades rather than making profit. You cant expect thanks from them but more of a “phew!!!!!”

    The whole point , it might be worthwhile to consider the fact that this blog needs to make very clear on what it is trying to do , 1) Provide fundamental understanding of a new strategy or 2) provide levels to enter and exit the trade . I dont think it is clear to every body who is reading and that should be made clear to avoid any unpleasentries on this forum. The text of the blog sometimes sounds quite predictive in terms of Rises and falls within specific time frames which quite often misses the mark with respect to timeframes.

    To emphasise once again, My comments are in no way reflection to Doc’s capability but an attempt to make sure that readers know what they should expect from the blog. If the timeframes are not very likely to be written in stone (I and you may know that but not everybody) , it might help to make it explicit.

    Maybe not every one is as smart as you and his/her misplaced expectations are causing these comments. It is better idea to understand where these comments are coming from rather than commenting on them.Please keep in mind that this blog is for new and small traders who are learning the ropes. Sympathy is possibly required rather than strongs words and rebukes.

  21. on 28 Oct 2009 at 2:25 am21mike

    Santosh,

    Very well stated and I must concur.

  22. on 28 Oct 2009 at 2:27 am22Santosh

    Thanks Mike

  23. on 28 Oct 2009 at 3:36 am23mike

    But…… the important part for all is to understand that they must not trade levels but rather the strategy.

  24. on 28 Oct 2009 at 3:48 am24Jack

    I just follow the trend, used to long and mainly short EU from yesterday. I don’t guess top. It’s easy. Yesterday EU short 90 pips, today EU short 40 pips.

    I don’t wait for long or short trade happen.

    You are a trader, not a die hard long holder or short seller.

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