Forex Market Readings and Forecast

I am happy to inform that I am now posting Fx market readings and forecast blog in www.fxstreet.com.Besides reading the present blogs you can also click the link provided head the head  Forex  the link  Dr.Sivaraman blog in fxstreet.com  to read the other blogs also.

More of operators’ intentions will be posted frequently in these 2 blogs and you can read and understand the market moves and find it easy to track market and trade decisively.

Regards

Dr.Sivaraman

During early April 2008 Gold rallied to $1033 and all traders thought that Gold may not be available any more and bought heavily during the first drop to $950 and averaged during next drop to $900 and now find it is available plenty around $850.This is how operators create the market sentiments and act against the traders.

The rise takes longer time but the drop happens in a shorter duration.The  slow firming up is to make the traders  to feel that is the high and  can short, later they rise quickly for them to do short covering and traders change their mind set to earn back the lost money by taking buy position during slide to sell by next rise.But the operators purposely don’t rise and drop more for the traders to lose again.

Traders need to understand that operators create market sentiments using various media and channels and once the traders change the mind set and get convinced that all the market rise/fall because of weak US economic conditions,surprise to see the reverse in all markets and get trapped.

Day in and day out the operators continue to do the same and traders also follow their attributes and become victim every time.

As long as the herd mentality and market fear are there with the traders due to over trading, operators continue to trap them and earn their profits easily every time.

Regards

Dr.Sivaraman

Traders would have become tired of watching the up and down moves in EURO and GBP at the near high level. It might look strange for them to see EURO rise and GBP fall. But it is final trend reversal happening in European crosses -mainly EURO/GBP. Then Euro will drop and GBP will rise to drop EURO/GBP and subsequently we will see all big corrections in other majors and USD gaining moves.Very soon we should see the quick trending moves.

Regards

Dr.Sivaraman

Dear Viewers and members:

Our other financial market forecast web site www.ipredictindices.com is now up with added features and functionality. You can view and pass on your comments and suggestions for user friendly approach to commodity and Global stock markets  intra-day and long term forecasts.

We commit to provide you  with the best possible forecast to trade at ease without any diversions and confusion. You can now obtain forecast for -Forex (www.i-knowindices.com ), commodities,Global  stock indices futures and spot stock markets of Asia,Europe and US (www.ipredictindices.com ).

You can view the sample forecast given to understand the direct market calls and also the entry,exit and stop levels to trade at ease. You can retrieve the archives and view our earlier calls and get an idea of the dependability and accuracy of our forecast. You can then subscribe to varied membership options depending upon your requirements and ontain the full advantage of trading in any financial market.

Looking forward to your business association.

Regards

Dr.S.Sivaraman

Time for big trend reversal in majors now.After the wide range swings they made for Monday and Tuesday to hit the stops either way and when traders shorted heavily during the drop,the big players wanted to trap them in a big way and did the extended stop hunt before the big trend reversal of continuous fall in other majors….When they handle the extreme levels traders only become stunned and don’t take more sell positions as their holding sell positions taken at the highest levels will be making losses and then cut the positions in distress due to margin pressure.Then later see the market moves in their expected way.If you are stoppedout or hedged,review the market and take the sell positions near high and when the position makes 30 pips profit keep stop at entry and allow the position to maximize the profit when the going is good.Avoid over trading,that will help you not become afraid of the market

Regards

Dr.S.Sivaraman