Srinivas dev
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Srinivas dev's Page

Latest Activity

Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: EU, E/CAD, E/GBP
"Hi Brian, How is it going? Look forward to your insights as usual. Who are the Forex gods? I am curious :)  HeHeHeHe"
Jan 28
Srinivas dev commented on priya's blog post EUR/USD pair is consolidating after re-touching the 1.3400 highs
"Can you please explain the basis of your forecast. Do you use any Technical indicators or some other method that you can share?"
Jan 22
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: EU Forecasts
"Hi Ray, Just checked your Profile information. I am not too sure you are a beginner. after reading your comment on whipsawing and deceitful trickery of the pair EURUSD. Your analysis is Spot on  and keep up the good work. Regards Srinivas"
Jan 21
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: EU Forecasts
"I am amazed with the wealth of Knowledge that you possess and this habit of sharing information. Your comment UP THE TOP on seasonality Matrix , which I suppose is the repetitive and predictable movement of Time Series in relation to Eurusd…"
Jan 20
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: EU Forecasts
"I have a slight issue Brian. I don't seem to find you on the Chat. I know your email box is full . Let's see."
Jan 20
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: EU Forecasts
"This analysis is beautifully done. It Seems to me, You have carefully worked out the analysis and the correlation between the Sell points and the mapped Targets. It definitely helps both for scalps trades and Swing trading as well. There is no doubt…"
Jan 20
Srinivas dev commented on Rakesh Kumar's blog post BEWARE.....Safe and Profitable Trading Coming!!!!
"Dear Rakesh , Your intentions are noble, but I would say you have to pass through many successful traders here and (Believe me I come from a highly academic background ) They are good in their trading skills. I can make out you are genuine. I would…"
Jan 19
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"Ok Brian, I need to get back to my other work. What is this bit about Snow and Snowing in London and that technical advice of your selling at highs on euros still holds  or Should We stand aside for now . I have gone through your comment UP THE…"
Jan 18
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"Hi Brian, Always nice to  See you, Up the top. I am always DOWN THE bottom as far as your trading abilities are concerned-  He He he. Jokes apart, I took sell positions at 1.3356 and exited at   1.3344, So I made quick profits. thanks…"
Jan 18
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"thanks Brian, my work load has increased, I would think you are lucky for me. Once you mentored me as far as  Forex concerned, that luck which you have got, (remember you too were getting noticed around the time I got to know you) seems to have…"
Jan 16
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"It seems to be me opinion is divided on EURUSD MOVEMENTS. I look forward to your reliable anaylsis. That is end of that for now."
Jan 16
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"Hi Brian, been away a long time now. My boss had got his bowels in uproar and I had to work harder for him to come around. I am sort of flat now. Away from your valuable advises too. Where do you euro now. Are you inclined to be bearish anytime now?"
Jan 16
Srinivas dev commented on genxtrader's photo
Thumbnail

2013

"awesome couple, you both! "
Jan 3
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"I wish you- Brian, Peter and all the forex members a happy trading year. May you all prosper and give useful inputs on strategies.  One last thing Before I call it a day- Brian, If I play tennis with Prices,, I would make a LOVE SET oh you guys…"
Jan 2
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"Oh Brian, I was slightly embarrassed to ask you and I had a slight clue to those numbers which mentioned UP the top- as Sell points. Anyway I always become wise after the event. And I am happy that You too believe a bullish Euro once the quarter…"
Jan 2
Srinivas dev commented on Brian Twomey's blog post Inside the Currency Market: Trade Recommendations #17-20, EU, UC, NJ, UJ, GJ, EJ
"thanks Brian, for the update. I will let you know if I take any positions"
Jan 2

Profile Information

About Myself
Swing trader
Trading style
conservative
Current Broker
admiralmarkets india

Comment Wall (2 comments)

At 3:31pm on November 3, 2012, Brian Twomey said…

Srinivas,

 I couldn't help thinking about you and your trading so with hope you receive this message.

 So many mathematical strategies exist that will ensure you are a pro trader so I wish to offer advice. First, you must attack prices directly. Not sideways through an indicator since they offer projections that may not be correct or slow to reach their ability to help you. So math offers the direct analysis and projection to understand prices.

 Start with Trigonometry. This area deals with lines. Cosine and Sin are fabulous tools that will make you money every time by calculating waves as just one example. Tangent lines is another method that will help you understand and calculate multiple lines. You will know for example where the lines meet, where they will deviate from each other. These lines are the true trend lines and should be drawn on your chart.

 In currency trading its important to know the Chain Rule because you will have a greater insight into USD and Non USD pairs in relation to their cross pairs. Calculations are simple, its the names given to these methodologies that make it sound impossible to calculate.

 Rates of Change is important. Highest price minus lowest price. This gives you understanding how fast or slow prices change. More important to this is calculate average rates of change for a better diagnostic to price changes.

 Statistics. Here you need to know your standard deviations,averages, means, bell curves, percentages, probabilities. This methodology I use to hit exact exchange rates. Look for a book that offers not just statistics but one that offers analysis.I use Richard C. Sprinthall "Basic Statistical Analysis" 11th edition. He offers a 2nd edition that is just as good but the cost is nothing. I bought mine from a used book sale for 50 cents.

 Logarithms vs Exponents: Exchange rates long before the middle ages were calculated by logarithms to the base 10. In the 1700's, Napier's e was introduced because it served as a constant and today used by central banks such as the Bank of England. Napier's e constant is 2.718. So take your exchange rate X 2.718. That allows you to calculate a bottom price to your exchange rate. You would then list a set of exchange rates against e to determine your entry and exits. You can factor time in relation to this strategy to determine when your exchange will hit its target. So Spot price X e X time. Time is usually square rooted because the numbers are easier to manage. 

 Calculus is the study of motion, you know that. I highly recommend a book called "The Complete Idiot's Guide to Calculas". Because it has many of the mathematical concepts I speak of here.

 I see deep sincerity in all your words so with that same sincerity I offer you my assistance. If I can hep you, feel free anytime.

At 4:32am on November 4, 2012, Srinivas dev said…

thanks brian . I will do it and My brother would take an annual break to India any time from now and stay with us and I would get him to buy the book for me. He is sure going to ask me what I need from USA and i am going to scream out loud your book. So I will soon get that book. Thanks I appreciate your concern.

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