Tracking the forex market together / Part I

Expert: Dr.S.Sivaraman, CEO and owner at i-knowindices.com
Moderator: Maud Gilson, Conference Manager

Summary:

Dr. S. Sivaraman presents his "Tracking the forex market together" double Live Trading Session. Read the FX European market and learn to make decisions during Part I.

Let Dr. S. Sivaraman give you live calls based on market moves and help you finding easy way of trading!

You can watch:

Tracking the forex market together / Part II

Webinar presented by i-knowindices.com and FXstreet.com

Comments

[John]

Discrepancies between
http://i-knowindices.com/static/archives/calendar.htm

on Oct 30 2009 European session (short signal at 1.4821) and the short 1.4846 (initially 1.4852) explained in this webinar. Why?

[John]

I mean on EURUSD, obviously.

[Dr.Sivaraman]

Dear John:
There are swings in the market during different time frame and there might be slight variation (10-25 pips) in the level of entry - selling at 1.4821 or 1.4846 or 1.4852 should make profit for us with in the session - that is the objective- still we donot want to take undue risk and hence keep 30 pips hedging order- if hedged we handle the hedging as explained in the webinar - so the direction of the trade is sell and buy and the quantum of profit may vary depending upon the entry levels.I can only explain pertaining to the levels seen during the webinar.Also if we would have continued with the position till US session the profit would have been much more- that is called maximizing the profit - but in the webinar I was explaining only " Basic trading Technique" - there are other types of trading to maximize any level profit making position or earn net profit in loss making position .
I value more the trading techniques more than the forecast to earn consistantly from the market.
Regards
Dr.Sivaraman