Expected market moves for week beginning (30th May)
Monday (30th May) - the given below is the expected market moves derived from the forecast algorithm.
it may or may not happen- still I am posting it here for those who wish to have the forecast before hand.I suggest traders to use it as an additional input for their trades if feel usable and those who want to reject can do so and give suggestions to improve it if they want to do so.
It is not trade recommentation and may be used to understand the collective behavior of the traders.
EURO is expected to open lower and swing till mid Japanese session and slide.GBP may hold high and try to create bullish feel during japanese session.
Towards close of Japanese session EURO may slide initially and GBP may follow.
After some dip during gap time before European session EURO may quickly rise and slide.That time GBP may slide without any pull back.Late European session may show quick rise and quick drop as reaction to some news or data.
During gap time GBP may slide and EURO may hold and swing,then from US session start a quick drop may be seen till late session.
I have not given any levels here and traders may use the live market quote page and track the type of market moves and understand whether they intend to drop or to rise EURO and GBP during the day.
any type of market analysis can go wrong and deviate from the actuals.So I request the traders to use the stop to limit the risk.
those who want to contribute their ideas are welcome.they can use any type of study and give their expectations.Those want to simply say the system does not work and the market may go opposite of the expectations can also give their calls and suggestions to me and other readers.
I have given the calls based on the GMT time as the market is 24 hrs .
Regards
Dr.sivaraman
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Comment by Roshan Naidu on May 30, 2011 at 10:29am -
Dear Doctor,
' geunie, humble service ' is never easy ! if it were, then this world would have had many more Mahatmas' ! Thank you for the time, energy and education you willingly share with us; with the intention to help us grow.
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Comment by Vijay Raghavan on May 30, 2011 at 10:51am
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Dear Arthur,
Because of work situations, I was not able to take advantage of all of Dr. Sivaraman's calls. However, the few times I did, I sure made a lot of pips. If you click on my name and see all my postings during the last couple of weeks, you would see I have pointed out when the doc was on the money. On May 11th for instance, the doc predicted that the players would use the data release to trigger an upward move on the cable and right after the data, the GBP moved about 100pips. In my opinion, that is an amazing prediction
Vijay
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Comment by Nasimul Chowdhury on May 30, 2011 at 10:58am
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Dear Arthur,
I made atleast 10% equity in last 2/3 weeks following Doctor's strategies and forecast. Nowadays I am not following forecast that much, but his strategies, also keep an at the forecast for bias. Last 2/3 weeks have been best 2/3 weeks for a while for me as the market hasnt moved a lot aggresively in one direction, atleast it allowed several recoveries by averaging when low or high hasnt been broken for more than 30 min or 2 hour. I think this bit of strategy is very helpful especially the summer approaching for those who are reading this message. Thansk
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Comment by Vijay Raghavan on May 30, 2011 at 10:59am
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Hi Santosh,
In your list of abusive terminologies you forgot to include "sycophant" also
Regards
Vijay
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Comment by Arthur on May 30, 2011 at 11:10am
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Dear Vijay Raghavan and Nasimul Chowdhury ,
Thanks for your replies.
Good to hear about your profits.
Keep it up.
Wishing you Good luck.
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Comment by raj patel on May 30, 2011 at 11:21am -
Arthur, I would the best person to answer your question of how the trading strgy has performed:
i have traded the strgy since its birth and my trades for last one month have been documented in the chat blogg astrades Gu mainly and would like say that when gu hit 16059 a buy was flagged if one had traded this with stop at entry and come out at 16510 a gain of 450 pips would be captured however if on traded on wednesday, thursday and friday at the lows which where not cut for 30 mins and 2 hours one would been in profit these are 3 days that the forecast went wrong but the strgy worked fine even if the shorts were taken at 30 min rule one would still profit. For reason you are still not convienced then i can show you on the chart where these piont of entries are.
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Comment by Arthur on May 30, 2011 at 11:32am
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Raj patel,
Thanks for your post.In fact I was waiting to hear some thing from you :)
If it is working for you then good luck for you.Keep following it.
By the way on Fri, Dr kept calling all day, till closing of markets that drop will occur during US session and my point was how to earn profit using forecast NOT strategy during the days you mentioned!
Anyhow I was wrong and you are right.
Regards
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Comment by Arthur on May 30, 2011 at 12:38pm
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Dear Raj,
Just came an idea to mind:
Can you please give supplementary calls here daily elaborating Dr,s strategy/forecast?
It will be benificial for others or atleast for me.
Thanks
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Comment by Vijay Raghavan on May 30, 2011 at 1:24pm
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Hi Arthur,
On Friday the predicted drop during us session was seen on EUR/USD It started a little earlier though. The drop was from about 1.4300 (12:30 GMT) to about 1.4220 (14:30 GMT) for about 80 pips. However on the other calls that the doc made (like the aussie and the swissy) I got stopped out. Also as you suggested, if Rraj can chip in with his expertise, we all can benefit
regards
vijay
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Comment by Santosh Tiwari on May 30, 2011 at 5:09pm
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just got back from work and saw everything posted .
hate to continue responding because I know it is not going to end here but I have a silly nature of not taking anything reasonable so here is the response.
Vijay,
Check the dictionary , "sycophant" does the describe the quality of a person but a approach followed by a person towards a person, philosophy and thought. Idiot on the other hand is a direct personal comment. I will still take your point and My apologies for that.
Nasimul ,
:-) , No you did not hurt my feelings and you will never be able to. you are not that important for me neither is any statements posted by you.
Regarding doctor, He is not attacked anywhere but in your mind. Everyone of us has been saying relentlessly that they do respect doc and trying to provide a feedback when things can be improved with a little change in communication and when it has not worked. There is nothing wrong is telling a person that if your strategy and forecast is not based on levels than please avoid giving answers to people when they ask levels . It is a discussion , not a fight /insult/attack till the time you made it .
Doc ,
As I have said number of time before if you have people reacting to criticism like that , your blog is going to end up with a set of people never telling you when things go wrong and sending your appreciations always. you can more than happily take advice from the people calling all your feedback garbage but do you really think anybody will feel like giving any feedback if this is the reaction you get from them.
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