EURO and GBP are making wide range moves - down and up and then down moves to hit the stops and to build higher level sell positions by the players.

EURO and GBP are expected to swing and then slide suddenly during this session and continue the drop during monday as week beginning false move and also on Tuesday as month end move.

Regards

Dr.Sivaraman

Views: 34

Tags: EURO, GBP

Comment by BN on May 27, 2011 at 8:49pm
I thought it was going to be a drop?
Comment by Recuva Ball on May 28, 2011 at 12:44am
Doc, are You working for players? Everyone who followed  Your adviceies  this whole week just make lost after lost.. Your system completely failed :(
Comment by Recuva Ball on May 28, 2011 at 10:01am
Hm.. if  "system"  failed day after day continuisly..all segments of system:  30 min rule,  more than 2 hours rule,  proclamed net change limits for a day ,  etc....   can we  still call that a system?  I think no.  Regarding developing own system: for years and years on FX market  I spoted and learned just ONE golden RULE and system:  there is NO system! And all who proclamed some are just ilusionist. You have a good point with "..not forced to take my calls..."  but You must be aware that so much neewbees come to Your page and folow Your calls..so  mission of expirianced traders with Your blog is to always remind a people that there is NO system just a  -may be-  talking  with so low accuracy... some guy  ask You about his position long 1.43 eur/usd .. You advice him to exit !?  On the end.. You are a DOC not me..You are profesional  with ambition to spread advices araound develop a system  etc...an if that so..you HAVE to learn something: system  without  exactly  and precious :IF A  ->  THEN B  becouse of C during period D  isnot a system  is just arogant ambition  to share advices based on luck... like adviceing  which numbers  will be on lottery!   Once again You have to be aware of Your influence to neewbees and acording to that You must emphazie all time that there is not a system just a LUCK !
Comment by Nasimul Chowdhury on May 28, 2011 at 10:03am
Doctor, your cable forecast hasnt done that well considering it has risen about 500 pips while you are predicting drops and slides or trying to seek out bottom.  It doesnt appear that it will reach such low again before re-hitting the new highs again. usdchf is continuing to drop too while you are forecasting sharp rise. Do you not think these are misleading new traders who come to your blog for miracle cure?? Something to think about
Comment by raj patel on May 28, 2011 at 11:11am

Recuva:

  A carpenter will always blam his tools if the wood he saws is not cut staight the same applies here the tools are not fault but how when why anf if  it is applied is the question, there fore your summation of your experience is yours only and one should  not throw away the baby with the bath water. You are in no postion to judge the out come of such a method if your opinion is one of failure. I challenge to contest to prove to me that such is of no value and i will with my P&L 

prove you wrong. The reward of such will be to put up or shutup.

Comment by Recuva Ball on May 28, 2011 at 12:45pm

raj:

Can You realise how much redicilous You are? I think no. He talk one thing , reality show oposite..day after day, week after week, year after year. Every single Docs  good call (sometimes) or bad call (75% of all his posts)  have nothing with things he talk about. For exampIe: I remeber that most wrong anticipation of him is during NFP or rate desisions dates.. whole day prices go absolutely oposite from what he advice.  Becouse of that his whole "system" is so much unaccurate. He jugged himself by all wrong advices to new traders, with arogant attitude that he have some kind of system. Once again: every system have to be based on corect permises and have to produce much more success than lost. You can like "net change" system as much as You want but that ammount of love WILL NOT make it accurate . I am not on market to provide anythink to anybody..I am on the market to make my living. Doc blog is extremely dangerous place for all new traders..and from time to time it is matter of honour to put some warnings  into all those "love statements " becouse Doc bring from time to time to someone ....30-40  pips.... he produce much more lose and that is whole essence of all of this.... Once again: Even if something go in the way which Doc wrote down here... that have nothing with "net change" concept....it is just coincidence.

Comment by raj patel on May 28, 2011 at 3:10pm

Recuva,

I did not call you names when I answered your question your reaction from allthis shows that you have not understood him or his system or you ever will. Doc clearly says every time that there are three basic conscept to his sytem namely 1)  The Market Forecast 2) The Market Reading and 3) The order entry 30m menthod with defined rules.

The first two he always says that they can go wrong and that leaves the last one  which is a probabilty  of taking a trade namely  a trade taken should have a stop loss or hedging attached to it if in profit then it must have a stop at entry.

IF  YOU CAN'T GET THOSE WORDS IN YOUR UNDERSTANDING THEN YOU HAVE YOUR ARSE WRONG WAY ROUND YOUR FACE   IF YOU WANT THE PROOF OF ABOVE THEN I HAVE  ALL HIS  RECORDING AND I CAN ASSURE THAT HE DOES ISSUE A DISCLAIMER ALL THE TIME SO GO AWAY AND HASSEL SOME ELSE OR USE A STOP LOSS ON YOUR TRADES BETTER STILL GET YOUR OWN SYSTEM.

Comment by Recuva Ball on May 28, 2011 at 4:05pm
Raj:  As I already said: Love to Doc and his redicilous gambleing  WILL NOT make it work ;) Dont lose Your mind about facts, facts have no emotions and facts ruin day by day all Your (and Doc's) words like dust in the wind of FX market. STOP misslead newbees with big words and always say LAUD AND CLEAR that system DO NOT WORK most of time. ;)  Hedging is for babies which must deside at what point to close one position and leave the other where we beck again on the basic dilema  ;) Stop loss is just signal for operators to locate their hunt levels...etc..etc.. but You obviosly do not understand spirit of the trading into core of it ;) If You risk You can lose but if You do not risk You can not  win ;) simple but ultimate. Hope You have enough money TO WASTE for stop lose levels with "net change" gambleing ;)
Comment by Recuva Ball on May 28, 2011 at 4:06pm
Lisa:   Briliant  post ! Congrats!
Comment by Nasimul Chowdhury on May 28, 2011 at 7:14pm

Racuva

I think Doctor's forecast works more times than it doesnt.  ONCE the trend is set, Doctor's forecast is fairly good.  I think Doctor's model is not able to forecast the turnaround points. 30 min rule or 2 hour rule works 70-80% of the time.  Also Doctor is fairly stubborn in his outlook, once his mind is set, that is how it is, but it has improved recently.  This is my conclusion of watching this blog for last 2+ years.

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