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

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new month beginning -expected volatile moves

Posted on November 2, 2009 at 6:11 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO and GBP along with USD/YEN made quick drop during start of the japanese session and firmed up after making extended downward stop hunts in GBP/USD,USD/YEN and GBP/YEN pairs.they are expected to swing near high and make brief upward stop hunt during close of japanese session.

During early European session they are expected to make upward stop hunt above high and then slide from mid European session quickly to reach near low.Us session start is expected to show again recovery moves in EURO and GBP .

Month beginning volatile moves may confuse traders - whether it is risk aversion or risk appetite move,or usd gaining or usd weakening move.Also the last 2 months of the year - the players are expected to make extreme extended stop hunt moves very frequently to earn as much from the market.So take positions during quick move times and close during other way quick move times as intra-day big swing trades.

Regards

Dr.Sivaraman

28 Responses to “new month beginning -expected volatile moves”

on 02 Nov 2009 at 6:33 am1jaydee

daer doc,
shall i expect GJ to swing and rise in this month or its the other way around?

regards
on 02 Nov 2009 at 6:46 am2Arun Kandyal

Hi Sir
What could be the GBP move for this month.Wil we see new high or new low or wide range swing moves thx.
Regards
Arun Kandyal
on 02 Nov 2009 at 7:13 am3Santosh

Japanese Session Close . Downward stop hunt in progress
on 02 Nov 2009 at 7:28 am4jaydee

dear doc,
has the drop in usd/jpy over now?
regards
on 02 Nov 2009 at 7:36 am5Francesco

Dear Dr.Sivarman,

do you think we already saw daily highs on EUR and GBP or there is potency to see highs cut during US session recovery move?

Regards,
on 02 Nov 2009 at 7:42 am6Beko

Dear dr.,
according to your forecast untill mid next week we can expect E and G trend down (USD gaining move), then after 11th Nov reversal. Did I understand it right?

Kind regards,
Gregor
on 02 Nov 2009 at 7:42 am7Santosh

Francesco,

I thought that is already there in doc’s comments , it specifies that this may happen in European session start

“During early European session they are expected to make upward stop hunt above high “
on 02 Nov 2009 at 7:52 am8Gregor

Santosh,

has Eu session already started?
G.
on 02 Nov 2009 at 8:01 am9twitter-fxi

Gap time closed now. European session has started & ends at 14:00 GMT.
on 02 Nov 2009 at 8:18 am10Francesco

Dear Santosh,

market is continously moving and changing even during a same session, I was wondering if new highs will be seen during the US session expected recovery move since as you know month end and beginning moves can be very volatile.
on 02 Nov 2009 at 8:56 am11Ameer

Hi could someone recommend me a good forex broker with hedging facilities and possibly low start-up deposit.

Thanks
on 02 Nov 2009 at 9:27 am12Dr. S. Sivaraman

Dear jaydee & Arun Kandyal
Yes we could see new low and new high for the season in GBP during year end phase (last 2 months of the year)
Regards
Dr.Sivaraman
on 02 Nov 2009 at 9:29 am13Dr. S. Sivaraman

Dear jaydee
no,usd/yen could make another downward stop hunt during US session.
Regards
Dr.Sivaraman
on 02 Nov 2009 at 9:33 am14Dr. S. Sivaraman

Dear Francesco
they are expected to make either way volatile moves as it is month beginning time.
Regards
Dr.Sivaraman
on 02 Nov 2009 at 9:34 am15Dr. S. Sivaraman

Dear Beko
Yes - they are the expected moves in this month.
Regards
Dr.Sivaraman
on 02 Nov 2009 at 9:42 am16Adnan Butt

Respected Dr,

Do u think eur/usd during its down trend moves can test 1.4400 level in next days, as i am holding my some lots in 1.4400 area, or I should close them before at some proper time.

Waiting for ur humble response.

Regards

Adnan Butt
on 02 Nov 2009 at 9:50 am17j.j

Dear Dr. Sivaraman hi, thank you so much for posting yr view,pls adv on how you see gold move.
regards
on 02 Nov 2009 at 9:54 am18Aruyo

Dr.Sivaraman,

what is your expecation for EURGBP today and tomorrow?
on 02 Nov 2009 at 10:32 am19np

EUR high 14788 today not broken after 45 mins now and approaching mid-Euro session so am I right in thinking it’s
a safe sell at 14769 now (10.33 a.m.), with 30 pips s/l ?
on 02 Nov 2009 at 10:50 am20Dr. S. Sivaraman

Dear Adnan Butt
we may see during quick downward extended stop hunt expected during this week or early next week.
Regards
Dr.Sivaraman
on 02 Nov 2009 at 10:51 am21Dr. S. Sivaraman

Dear j.j
Gold is expected to slide and come below 1000
Regards
Dr.Sivaraman
on 02 Nov 2009 at 11:13 am22vinesh

Doc u mentioned that EU will get strong around 2nd week of nov is expected. Do you think it will cut this years high during the move?
on 02 Nov 2009 at 12:35 pm23Aruyo

Dr.Sivarman,

how do you see EURGBP move in these sessions?

Thanks
on 02 Nov 2009 at 12:47 pm24Jaf

Dear Doc
when you refer season high do you mean this qtr or this year.
on 02 Nov 2009 at 1:03 pm25np

Dear Doc,

In EUR, high not broken now for 1.5 hrs but still is near high, so can this be taken as good time for short entry with
30 pip s/l ?
on 02 Nov 2009 at 2:53 pm26Francesco

Dear Dr.Sivaraman,

can we expect a recovery for GBP during US session?

Thank you!
on 02 Nov 2009 at 3:41 pm27smith

Doc, these kind of moves are a bit more than just a recovery. USDJPY has not dropped until now. Can we still expect the drop in USDJPY or the rise has started?
on 02 Nov 2009 at 6:03 pm28Orlando

Amazing calls for today, Doc. Thank you.

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