Comment by Gregor on May 4, 2011 at 2:10pm

Dear dr.,

what is your view on this: "...so now if stocks go up the usd goes down and if stocks go down the usd goes down too-its yields though..."

Is it all a matter of non-existing correlation?

Best regards,

Gregor

Comment by Dr. Sivaraman on May 4, 2011 at 2:22pm

Dear gregor

coincidences are being considered as correlations.During trend reversal move when technicals give mixed signals then we may be forced to look for such correlations.

Now players are doing final trend reversal in EURO , USD/CHF and USD/YEN.final extended stop hunt in GBP may be seen tomorrow for the reverseal  and trending to come in to force.

Regards

Dr.Sivaraman

Comment by Jack Collins on May 4, 2011 at 2:32pm

Doctor, thanks to you, I am now viewing market movements with a different perspective and everything is making more sense!

Comment by Vinay Nilakhe on May 4, 2011 at 5:13pm

Dear Dr,

Are you surprised by YEN? It was subdued and now they are dropping. What do you think of this?

Thanks.

Comment by Dr. Sivaraman on May 4, 2011 at 5:25pm

Dear Vinay

Are you surprised with USD/YEN dip?I am not surprised because I know it is trend reversal time and the players are known to make extreme moves to take reverse positions.So I  buy  now when they quickly drop and keep stop to limit the risk to 30 pips and once the position makes profit i keep stop at entry and and try to maximize the profit.Surprise will lead to only mental block and distress trades.it comes only when we are not objective traders anticipating the risk and reward of the market..

Regards

Dr.Sivaraman

Comment by jefe on May 4, 2011 at 5:32pm

Dr,

Yesterday and now today US session they stop hunted down in EU and now making similar moves to yesterday- I don't fear a rise- same as yesterday (but never look for a hatrick ;)

 

Also questions on CHF and YEN-- are large traders buying both as safe havens and players conceding the pressures?

Comment by Procharged Mopar on May 5, 2011 at 4:25am

Dr. S, Your last two webinar recordings are some of your best.  I like your psychological ease of which you trade.  A continued motivation for me. Thanks.

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