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

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Extended rise Vs extended stop hunt

Posted on November 9, 2009 at 12:49 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

After breif drop during early European session,EURO and GBP made the extended rise to net permissable limits and reversed.Now they are holding near the start of european session levels.Around 13;30 GMT they are expected to revist near high and then slide during gap time before US session and swing and slide during US session.

These are the expected market moves and the intraday   highs could be obtained from the live market quote page  to determine the trading decisions.During US session we could understand whether the current rise is extended rise to make further rise in coming days or extended stop hunt before the drop.

Once the moves becomes visible we may understand the real intentions of the players.Till such time my calls and advises may look wrong or useless.I know well it is very difficult to control our own emotions and to control others emotions and to make them sensible traders i have to put in unbiased effort.Let me try to do my best as much as possible to fulfill my objectives.

Regards

Dr.Sivaraman

 

60 Responses to “Extended rise Vs extended stop hunt”

  1. on 09 Nov 2009 at 12:54 pm1sg

    Doctor, sincere words expressed with humility. This is what is needed in the world. Thank you

  2. on 09 Nov 2009 at 1:08 pm2j.j

    Dear Dr. Sivaraman hi, i been watching yr views since 2002 when you were posting at that time levels to buy and sale ,your views are right most of the time but small trader as you said before they want some one to spoon feed them i am sorry to say this.,in any case i wish you all the best and PLS keep update us with yr view.
    Regards

  3. on 09 Nov 2009 at 1:08 pm3Arthur

    Dear Dr,I can only show respect to you when you talk like this about helping others especillay, small traders like me.
    However, when forecast doesn’t behave as it is expected to then problem starts.
    Lets see what comes out of this forecast.

  4. on 09 Nov 2009 at 1:21 pm4np

    Dear Doc

    Thank You for the timely update. Your intentions are noble and selfless and the guidance is most appreciated.

    Please ignore the negativity which arises out of greed and impatience.

  5. on 09 Nov 2009 at 1:45 pm5Nazali

    Hi dr

    How do we determine if the rise is extended rise to make further rise in coming days or extended stop hunt before the drop. Many thanks.

  6. on 09 Nov 2009 at 2:08 pm6Diego

    Respected Dr. and All: what is the problem with spoon feeding? Don’t we all like to be spoon fed? It’s good, you get healthy and you feel good.

    I’m a baby, I need spoon feeding. And I guess most of the small traders are just like babies, until we develop the strength to walk by ourselves, we should be spoon fed, if not, we can die from starvation (margin calls, or very frequent small stops) before we learn how to eat ourselves.

    And when we feel that we are capable of, don’t worry, we will start listening more to “how to catch a fish” by ourselves.

    Regards,
    Diego.

  7. on 09 Nov 2009 at 3:30 pm7Francesco

    Dear SJ,

    noone is always right in this world.
    By the way, I am sure you have missed most of Dr.Sivarman detailed, precise and extremely right calls in the past.

    Trend is definitely strong for high beta currencies, but this does not mean it will last forever.
    Last and not least, stop loss and hedging are there to be used.
    Who said that one can’t take successfull longs in the USD these days also?

    Maybe some more humble attitude would be good for you, at least on this blog.

    With my best wishes

  8. on 09 Nov 2009 at 3:35 pm8sandy

    trade against the trend, that is what majority traders do.

    they are losers!!!

  9. on 09 Nov 2009 at 3:39 pm9Chris

    Ask yourself this. If the doctor is so terrible, why do people even look at this.
    Answer = on a post card please.

  10. on 09 Nov 2009 at 3:47 pm10SJ

    Chris,

    to do the opposite!!!!!

  11. on 09 Nov 2009 at 3:48 pm11SJ

    Sandy

    the trend is your friend. If you have been trading against the trend then you must be down a lot!!!

  12. on 09 Nov 2009 at 3:55 pm12Chris

    Forex rhymimg,
    the rate is your mate.
    The trend will send you round the bend
    when you run out of luck, lifes a real f***
    another day another dollar

  13. on 09 Nov 2009 at 3:57 pm13sadyk

    We were so much enjoying this blog not untill all these road-side forex traders who want to get rich over night came from no where to pour their nonsense. Honestly if you can’t ask to learn and think an attack will solve your problem then you will die as a looser

  14. on 09 Nov 2009 at 4:06 pm14Chris

    Bit lack lustre now in the market took shorts in g/u and e/u at permissables , only g/u showing any real profit. Think i’ll buy u/cad for the hell of it.

  15. on 09 Nov 2009 at 4:08 pm15Chris

    With initials like sj i could make many nasty ones!

  16. on 09 Nov 2009 at 4:09 pm16maxi

    very astute posting today, keep up the good work! Ignore the idle heresy of the trouble makers.

  17. on 09 Nov 2009 at 4:10 pm17Ameer

    I fully agree with Sadyk.I’ve been following this blog for quite some time, making money and reversing my loosing streak since following Doc’s advise and teachings It has been truly enjoyable and profitable and a real learning experience till lately

  18. on 09 Nov 2009 at 4:10 pm18vinesh

    I am afraid if this criticism of doc keeps on he will not post his analysis any more

  19. on 09 Nov 2009 at 4:12 pm19SJ

    Oh Chris,

    Please don’t use my initials agains me, I just wont cope.

    Please don’t.

    Help me Dr, give me some advice, maybe I’ll short eur to get over it and then cry that I am down.

  20. on 09 Nov 2009 at 4:16 pm20Chris

    sj
    you poor devil , you do seem to have a lovable nature.must get lonely.

  21. on 09 Nov 2009 at 4:19 pm21Mike

    Chris,

    Seriously man why all the anger. Bashing people on here the way you are is like bashing people for their religion. We are all fee to make choices, listen to who we want, and believe in whatever we want to. If you choose one thing and someone the other than you should be happy to agree to disagree not mock the other for being different. In most places this is considered to be a rather myopic way of thinking. Also, true the doctor has been off lately anyone would agree with that, but remember no one bats a thousand. The best major league hitters only bat .333. Now if you trade properly with stops or hedges you can still be very profitable in this market even though you are only correct 1/3 of the time. So to kick the Doc when he is down is one hell of a rotten thing to do. It is a blog and you are free to respond with whatever profanity laced tyraid that you want. But before you do ask yourself this. Where will all this anger and negativity get you in life? Have a great day Bro and good luck trading.

    Mike

  22. on 09 Nov 2009 at 4:21 pm22Chris

    To give sj some credit. at least he got the gist of my comments, and it must be difficult for him coping with waking up every day to find he is still the same arse.

  23. on 09 Nov 2009 at 4:22 pm23Adnan Butt

    Dear All,

    I request u all not blame dr or any body for ur mistakes.
    This blog is not made to blame and condemn any body.
    It is only to guide the small traders.
    But it is not a divine thing. Its human. If it suits u use other wise ur own brain is to work.

    But keep in mind that Dr. is very dear to us and his timely analysis and guidance is very necessary for us.
    We don’t like any controversial and disappointed comments.

    Spare the space for Dr.s comments and guidence.
    and pray to God for ur fates.

    Regards

    Adnan Butt

  24. on 09 Nov 2009 at 4:27 pm24Pico

    SJ,

    You need to learn a lot about respect.
    Why are you so angry? What are you winning saying things like that?

  25. on 09 Nov 2009 at 4:30 pm25jefe

    So did anyopne short the GU off the 1.68 level? I fell asleep and missed a good entry- based on docs rules entry would have been ~ 1.6815

  26. on 09 Nov 2009 at 4:32 pm26Chris

    yep shorted @ 1.6823.

  27. on 09 Nov 2009 at 4:37 pm27Mike

    SJ

    Seriously? If you were confident in yourself (mind, body, and spirit) you would never find it in yourself to ever want to hurt or disrespect anyone regardless of the situation. The bigger person, or the true heroes in life, take these opportunities to help people not keep them down. You are right, there are people on here that are chasing dreams but once again that was their decision. The Doc has never said to leave trades open for ever. In fact he says that if you trade that way you should average at every 100-150 pips. If everyone had done that on the last rise 1.44- 1.50 everyone would have gotten out in the profit on the last dip to 1.46. This is the strategy and it works regardless of who is stating it. But please remember that we are all adults here name calling and insults were supposed to left on the playground. Just I said to Chris good luck and I wish you the best in your trading.

    Mike

  28. on 09 Nov 2009 at 4:39 pm28Pico

    No SJ, i´m not shorting yet. I follow my own system, and price action still bullish.

  29. on 09 Nov 2009 at 4:40 pm29Alexander

    Anything can happen in the FX Market! Although,when it’s time to admit market calls are wrong for the time being,
    it should be made because they may be right in some point in time from the past or towards the future.

    Markets should always be respected!
    It’s all in the attitude & the market teaches ‘ Humility ‘
    No matter the level of experience one has.

    Good Luck & Happy Trading !

  30. on 09 Nov 2009 at 4:41 pm30jefe

    Chris nice entry– I Closed my longs from Asia I was only expecting it to go to 1.6791 though. Tried six different entries this morning– kept getting stopped out though, it’ll probably drop once the 1.6730 Sup is broken through..

  31. on 09 Nov 2009 at 4:49 pm31Francesco

    Please do not reply to people posting insults and vulgarity in this blog, they are too poor to deserve any kind of confrontation

  32. on 09 Nov 2009 at 4:54 pm32Adnan Butt

    Dear All,

    I agree with Francesco

    we r waiting for humble comments and analysis from Dr.

    come on Dr. ur comments are very vluable especialy in worst conditions. Don’t be hurt by the persons who are not in their senses.

  33. on 09 Nov 2009 at 4:58 pm33Adnan Butt

    gbp/usd is 130 pips down. Perhaps plyers are keeping it down and holding the eur/usd, now they will let down the eur/usd?

    Dears don’t fight

    share ur analysis and observation about trade.

  34. on 09 Nov 2009 at 5:00 pm34Adnan Butt

    encourage others, don’t discourage
    keep positive thinking, don’t be negative
    be optimistic, don’t be pessimistic
    give shoulder to others, don’t pull legs

  35. on 09 Nov 2009 at 5:06 pm35jefe

    Traders turned from bearish to bullish on GU over the past 12 hours- like a switch GU has fallen ever since.

    On EU traders are still shorting like crazy bearish– and very bullish on UCHF –not sure what’ll it take to change it.

  36. on 09 Nov 2009 at 5:13 pm36j.j

    sj, you r loser you dont know how the forx market works,and i say it again watch yr mouth

  37. on 09 Nov 2009 at 5:13 pm37Chris

    jefe
    I was waiting for E/U to hit near 1.5060 ideal short for 1.4850 but got impatient. so short here g/u ok . If we ignore him , he might go away.

  38. on 09 Nov 2009 at 5:17 pm38np

    ‘I know well it is very difficult to control our own emotions and to control others emotions and to make them sensible traders i have to put in unbiased effort’

    Ne’er a truer word said.

  39. on 09 Nov 2009 at 5:18 pm39Chris

    Ceasefire. Anyone want to go long u/chf u/cad?

  40. on 09 Nov 2009 at 5:21 pm40SJ

    hahaha,

    Internet tough guys,JJ and now Mike!!!

    You live in San diego and thats supposed to mean something to me hahahaha,

    JJ DIAGF

  41. on 09 Nov 2009 at 5:25 pm41su25

    Hi SJ

    You may not have realised, your frequent posts would have resulted in the highest number of hits for this blog for today! Fxstreet would be happy with these numbers which make it to the CEO’s blog. The advertisers on this blog would be pleased with such hits too!

    And, yes, your posts have been entertaining too (despite those expletives - or is it those expetives :-))

    Good humour is always a welcome change!

    If not the readers, I am sure the advertisers would be happy to see your visit this blog quite often. Well, I too could do with some humour.

    And, your comments on fx have not gone unnoticed either.

    Thanks once again.

  42. on 09 Nov 2009 at 5:31 pm42SJ

    Su25,

    Glad to help.

    In the midst of the global doom and gloom. If my words have brought a smile to just one face then it was worth it.

    I now have to prepare for battle with JJ and Mike from “san Diego”

    hahaha, Is there something I should know about citizen from San Diego? Is it like when the US went to war did they say” careful, we are sending troops based from the Bay so watch out, they are the meanest troops in these United States.

    Mike,

    do you want a hug or cuddle xx

  43. on 09 Nov 2009 at 5:43 pm43Mike

    SJ

    Well as you have sat here and bashed others I now have to question your intelligence or should I state more clearly you reading comprehension. Please re-read my last post again so that you extract the information correctly. I have made no mention of my location other than to let you know where I am just in case you ever happen to be in the area that way we could chat in person sometime. That’s the only reason that I mentioned a geographic location. So feel free to re-read, realize that you have shortcomings like the rest of us and come down off of your little soap box.Have a great day and remember it’s really about one love nothing more.

  44. on 09 Nov 2009 at 5:49 pm44Santosh

    SJ ,

    Quite logiclly , you are not getting anything out of this . Go trade . you want to follow your advice , nobody can stop you from doing that same as other are free to follow what they want to follow. Spend your effort in Trading and let this thing end here.

    We are all mature people and lets behave like that.

  45. on 09 Nov 2009 at 5:53 pm45SJ

    Santosh,

    you sound like you should be advertising tampons.

    Get back to the land of the mature and leave me here to break Dr’s S and the his minions.

  46. on 09 Nov 2009 at 5:58 pm46Chris

    Good to talk eh!

  47. on 09 Nov 2009 at 5:59 pm47Chris

    bits are disappearing

  48. on 09 Nov 2009 at 6:03 pm48SJ

    Ok People,

    I will now depart as I can see you all are not showing me the love I deserve for trying to show you the ways of the Dr.

    Continue to follow his advice and I absolutely promise you that you will all lose money.

    like I said, if the Dr is soooo good he would not be on here but it is ALWAY EASIER TO BELIEVE THE LIE

    Mike, Chris, Satosh the tampon, Vinesh, JJ and all the minions, Enjoy your loses and keep on shorting.

  49. on 09 Nov 2009 at 6:04 pm49Chris

    thanks

  50. on 09 Nov 2009 at 6:04 pm50Adnan Butt

    this blog is for positive trade
    be positive, respect others, shrare trading skills,
    be peaceful and let the others be peaceful

  51. on 09 Nov 2009 at 6:11 pm51np

    Adnan, unfortunately not everyone in the world, past & present
    shares these ideals of yours … which is why Peace has always
    been a distant dream.

  52. on 09 Nov 2009 at 6:17 pm52Santosh

    SJ,
    Any relation to sjforex.com?

  53. on 09 Nov 2009 at 6:17 pm53Chris

    Humans. You gotta luv em

  54. on 09 Nov 2009 at 6:19 pm54Adnan Butt

    dear np

    dreams can be materialize. peace is in ones own efforts. If ur positive u can create peace. All the religions of the world are preachers of peace. All the civilized nations have their foundations on the pillars of peace.

    Peace is the thing that is positive, otherwise there is only destruction.

  55. on 09 Nov 2009 at 6:21 pm55Adnan Butt

    For a good trade peace, patience, sincerity, humanity, and many more qualities are needed.

  56. on 09 Nov 2009 at 6:30 pm56np

    Adnan, I cannot think of even one nation which can call itself
    ‘civilised’ at the moment. But then, that’s another topic
    altogether.

  57. on 09 Nov 2009 at 6:37 pm57Saswata Banerjee

    I feel really bad that some guy with some warped sense of craving attention came up and dirtied the blog. it is right observation that he uses most of his time to spread this negativity than watch his trades. lets hope he finds some other blog soon and leaves us in peace. regulars, please neglect these ppl, they just want to create nuissance n nothin else.
    thanks,

  58. on 09 Nov 2009 at 6:38 pm58Umesh

    Dear all

    Its better to ignore negative comments. Dont respond it and he will be quiet after some time.
    Let him blow out his emotions.

  59. on 09 Nov 2009 at 6:39 pm59Constantin Lucian

    Chris, i entered long u/chf at 1.0070 1.5 minilots..also long u/j 89.65 stop at break-even.

    wow 54 comments and only a few truly related about forex and about today’s price action…why are you all still here? don’t you have msn , skype , IM or something to talk?

  60. on 09 Nov 2009 at 7:53 pm60NextLevelFX

    I don’t understand how could anyone have a problem with forecast? If after long time of demo (2years) trading you can’t make money consistently give up its not for you and if you don’t get that I’m not surprised you are loosing money, because you don’t get it.
    You also probably are hopping from one strategy to another. You got no game you can’t play it and you don’t know what to do.

    For me I don’t care about the forecast, what I learned from the Dr. is the potential of where is the buying and selling levels and if the traders are cooperating with the players and how the players could earn money from the traders, and that’s how I modified my trading strategy, and it works for me.

    Thank you Dr.

    your student

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