21 Responses to “Gap time quick move”

1. on 18 Nov 2009 at 2:36 pm1Pico

   Thanks for the update Dr!

2. on 18 Nov 2009 at 2:42 pm2Adnan Butt

   Respected Dr,

   Do u think present holding high of eur/usd is due to hike price in gold and stocks specially dow jones etc.

   so what is ur opinion about gold and stock in near future i mean upto next two weeks. and what is the near future of eur/usd
   above 1.5100, 1.5200 level or long term downtrend?

3. on 18 Nov 2009 at 2:44 pm3Pico

   Please Dr,

   In this case, pump and dump means higher level consolidation to drop subsequently?

   Thank you!

4. on 18 Nov 2009 at 3:12 pm4Arthur

   Dear Dr,
   Thanks for the updates.This way your readers/listeners can better understand your teachings and can pick up changes ,if any, in the forecast.

5. on 18 Nov 2009 at 3:17 pm5Raj patel

   Arthur,
   This a follow up from yesterday if youare interested

   I would like to throw some light on the 30min rule trades, but first of all What is your understanding of the following logical expressions:
   1)open-high-low-close
   2)open-low-high-close
   Understanding these two sine waves will make it easy for you to follow the price action to determine end of a up run or down run relative to time/price.

6. on 18 Nov 2009 at 3:35 pm6Saswata Banerjee

   Dr
   Thanks for updating multiple times in a day. i really appreciate your commitment and deepest regard for us small traders and am grateful on behalf of all followers here.
   Thanks a lot!!

7. on 18 Nov 2009 at 3:46 pm7Adnan Butt

   same feelings as SASWATA BANERJEE

8. on 18 Nov 2009 at 4:03 pm8Greg

   Ditto :))

9. on 18 Nov 2009 at 4:07 pm9Arthur

   Raj,
   I am reproducing my reply here yet I’ll be thankful if you can explain the rules.

   Dear Raj,
   Thanks for asking.
   Let me clear one thing pls: I am new to the forex but have studied all these things.
   I have with me most of Dr’d teachings.
   My point is that his teachings are alright but strategy is not suitable from a small day trader’s (Like me) perspective because market is not bound to respect 30 min or 2 hour rules.There can be stop hunt after 35 minutes and either position is stopped out or hedged and then one has to wait for many sessions to close it.
   Dr himself seems to anticipate all these things in advance and manages accordingly but not the reader of this blog.
   Today Dr has given update (which is very king of him) showing EUR day HI set.At the same time there is possibility of late European session’s rise…Though Eur is expected to hold at that time but there can be stop hunt!!! So its not that simple.

10. on 18 Nov 2009 at 4:36 pm10Dr. S. Sivaraman

    Dear All
    Pump and dump is seen only in EURO and players are aggressively doing isolated stop hunts.When they are sellers they should reveal their intentions soon before this week end.
    Regards
    Dr.Sivaraman

11. on 18 Nov 2009 at 4:39 pm11mohi

    Thank you Doctor for all your help.

12. on 18 Nov 2009 at 5:07 pm12Jack

    I know many of you follow Dr. for a while. I just wonder how’s your account doing overall?

13. on 18 Nov 2009 at 5:16 pm13Constantin Lucian

    up 47.5% from june

14. on 18 Nov 2009 at 5:32 pm14Ange

    Jack
    have managed to remain in positive territory with the equity, after following Doc’s blog for last 4 months… could have done better if I had paid closer attention to trading strategy earlier and also hedging not available on my trading platform. I do take all responsibility for losses sustained (strategy not followed)… but his awareness of the trading psychology of the players has helped calm me and prevent hasty decisions (which I have always taken in the past leading to wiping out my account in the past).. so whatever anyone else may say, I have to hand kudos to the Doc!

15. on 18 Nov 2009 at 5:41 pm15Ritesh

    Hi Doc,

    What’s your view on Dollar-Yen.

    Thanks.

16. on 18 Nov 2009 at 6:02 pm16Dr. S. Sivaraman

    Dear Ritesh

    Now USD/YEN is some what stabilized and not making big contrarian moves- we could see it rising.
    Regards
    Dr.Sivaraman

17. on 18 Nov 2009 at 6:11 pm17Adnan Butt

    Respected Dr,

    are u seeing any potential in eur/usd to close below 1.4900 today?

18. on 18 Nov 2009 at 6:15 pm18david

    Dr, do u see eu cutting the high of the day by end of us session today? Thks

19. on 18 Nov 2009 at 7:01 pm19Jack

    Thanks all for the reply!

20. on 18 Nov 2009 at 7:05 pm20Mike

    Jack,

    I have similar sentiments to what ange posted. I do not trade based on the forecast and it is my advice that you don’t But what you can learn from the doc is a great trading strategy based of of highs and lows. Also, he has done wonders for me in helping me understand the relationships between the pairs and how their movement affects each other. Lastly and probably one of the most important things that he has done for me is taught me about patience and helped me understand the psychology of the market. I am a much better trader because of the doc and am proud to say a profitable trader as well.

21. on 18 Nov 2009 at 8:33 pm21Arthur

    Mike,
    Well said

Theme by Forex Street Powered by Wordpress