Comment by mike march on June 3, 2011 at 2:22pm

great call !

Comment by Amit Singh on June 3, 2011 at 2:23pm

Sir , I keep getting stopped out of Euro based on your calls . Yes , I am following strategy and that limits the risk but still each time you call for Drop and it rises and my trade gets stopped out.

The worst part is My analysis was that Euro will go up but I deferred to your better knowledge and experience and the fact that so many people have appreciated you here for your excellent calls .

 

I request to kindly evaluate if there is any alternative scenario which you are missing in your analysis

Comment by Dr. Sivaraman on June 3, 2011 at 2:28pm

Dear amit

I havfe also explained market reading and trading strategies in my trading system.Only if your analysis and my expectations are similar then you take trades.Only in EURO they are making today such moves.When they dropped traders might have shorted without stop at entry - so a gain is seen now .They have cut the high and stayed above the high for more than 30 in EURO,so the extended move is seen now.After 2 hrs if they stopped cutting the new high the slide is expected.that may be during late US session or on monday.

Regards

Dr.sivaraman

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