Comment by elanthiraiyan on August 18, 2011 at 11:43am

hi sir i open sell position eur/usd @1.4389.is the pair may reach 1.4180 this week end?

Comment by Gregor on August 18, 2011 at 12:34pm

Dear dr.,

do you think players can get rid of long holders in USD/JPY simply by very slowly rise without any major downward stop hunt?

Best regards,

G.

Comment by Ary Mulyono on August 18, 2011 at 1:10pm

doc, what about gold? Gold continued to rise and would not fall. why?

Comment by Dr. Sivaraman on August 18, 2011 at 1:18pm

Dear Elanthiraiyan

keep stop at entry in the Euro sell position when profit is seen and wait for more drop in coming days to maximize the profit.

Regards

Dr.Sivaraman

 

Comment by Dr. Sivaraman on August 18, 2011 at 1:20pm

Dear gregor

Normally a quick drop in USd/YEN can bring in quick rise similar to bouncing ball.Then one sided rise may be seen similar to what we see now in USD/CHF.

Regards

Dr.Sivaraman

Comment by Dr. Sivaraman on August 18, 2011 at 1:21pm

Dear Ary

Gold is making multi year trend reversal move.We may see prolonged drop once all the level short sellers do short covering and turn long.

Regardfs

Dr.Sivaraman

Comment by Jack Collins on August 18, 2011 at 1:33pm

Doctor, what is your expectation on EURCHF for today and tomorrow?

Comment by Ary Mulyono on August 18, 2011 at 2:39pm

doc, could gold fell to 1600 again?

Comment by elanthiraiyan on August 18, 2011 at 4:08pm

thanks doc.

Comment by Rony on August 19, 2011 at 5:25am

Hi Doctor Sivaraman,

Do you have weekend forecast? Thanks

Rony

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