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Trend reversal moves,not yet over……
By: S. Sivaraman - 20-03-2008
0votesAfter the extended stop hunt in this week beginning the intentional moves of the operators are seen.They wanted to off load their long positions and when traders refuse to buy during slide and instead shorted more following technical analyses,then the big players showed the way to such traders by making massive extended stop hunt.Later when they started the slide ,traders would have repented that their good level shorts in other majors were stoppedout before the good drop,missed the profit booking opportunities.When such impulsive traders again when turn long following USD weakening sentiment found that they are beaten up again on the down side.When such traders, to earn back their lost money will turn short as other majors have undergone big correction.But they will be trapped again by extended stop hunt before the next fall.So sell during quick rise and buy during quick drop could be the good trading strategy,if followed with emotional control.
Operators have finished the trend reversal moves as follows - regional currencies,yen crosses,commodity pairs and now majors.Finally the trend reversal wild moves will happen in European crosses and then the quick trending move of USD gaining will come as a big market surprise from next week or from early next month.Do only sell and buy trades in other majors if you donot want to get trapped with unfavorable positions.If you are trapped you can contact us for the ’swift solution’ - we will guide you with forecast based trading solution to come out with net profit from any unfavorable market position.
Earn well from the market with the right market perspective.
Regards
Dr.Sivaraman
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