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

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Mid week - either way stop hunt moves are expected

Posted on October 21, 2009 at 6:58 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman8 Comments »

EURO and GBP made the slide during yesterday US session and to continue briefly during early Japanese session.They are expected to make either way swings between high and low during Japanese session.Quick rise during early European session and drop from mid european session till close are expected.Then again during US session a rise during early session and slide from mid US session are the expected moves for today - basically either way stop hunts above high and below low are expected.So sell during upward stop hunt and buy during downward stop hunts are the possible trades for the day.

Regards

Dr.Sivaraman

Tags: EURO GBP Volatile moves

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