EURO and GBP dropped quickly and then firmed up during gap time and holding middle levels to create fear and confusions to many that they may again rise EURO and GBP above high.But the operators dumped their long positions quickly during late European session and again by making circular trades gained  levels to induce the short sellers to keep buy orders at higher levels so that they can dump more.Then many will think that dips are buy opportunities.But 3rd time dump they avoid rising quickly and continue the drop.Operators normally donot make ‘Hat trick’- ie repeating the moves for more than 2 times.

After the quick downward stop hunt they intend to rise USD/YEN and then slowly slide EURO and then GBP.Tomorrow for month beginning they intend to act big - more slide expected.

Regards

Dr.Sivaraman

USD/YEN corrected quickly as extended stop hunt before the big rise they intend to make in this week.EURO and GBP are making contrarian moves to rise EURO crosses before the reverse in them.Big players are making stop hunts in  some crosses and majors to reverse all during the day using some attributes.

All are false moves as they initiated during Gap time.We will understand that in European session.

Watch and trade calmly without developing any market fear.

Regards

Dr.Sivaraman

EURO and GBP were rised up due to short covering for week end.Now the month end move will be not volatile as the volatile moves have been made for the week end when traders were emotional and willing to cover their shorts due to rise in Crude oil.

Now the market has opened for a new week and traders are afraid to sell at current levels and they want the market to break the psychological highs to short..But the big players avoid giving such opportunities and slide.Then the traders find the possibility to buy near low aiming a swing trade.But the big players drop more and hit their stops.This is how the market is made to make wide range swings.

Sell and buy trades are recommended in EURO and GBP.

Regards

Dr.Sivaraman

The big players acted on the traders with firming up moves one pair after another to just induce fear and distress closure of the sell positions near the highest level for the season.The expected slide has not happened as the big players found that the traders are not willing to buy when they were selling during pump and dump moves.So they were holding high in EURO and GBP and just firmed up pip by pip taking long time to make the traders restless and close the positions.They have also taken care that the long holders are not willing to book profit as they found the market very strong.

We know well the operators create market sentiments and act against the traders.But they cannot stop the profit making of traders who trade along with them rather than the herd of traders.At the maximum the operators can firm up for week beginning briefly to induce the short covering of those holding over week end positions if any and then start the profit booking process from early next week.

Once the month end trend reversal quick moves are over on Monday (false move for week beginning) they will quickly drop and drop other majors in a hurry.Watch and understand how the operators need to trap the bullish and bearish traders alternatively.If they make one sided moves for a long time then traders will also tend to trade along with them and the big players objective of profit earning may not be fulfilled.

USD gaining in a big way expected in coming months.They may use NFP data for the same as a trigger.

I will explain  more during my premium webinar on 02 July - Tracking the Forex market together part I & II -11:00 and 14:00 GMT.

Wish you all happy and peaceful week end.

Regards

Dr.Sivaraman

A small 20 pips stop hunt above the psychological level of 1.9900 is mainly to create fear for the traders to do short cover in a hurry.No other pair they have done any stop hunt above the high or below low now.

Calmly watch and wait for them to give you profits in your sell positions.

Regards

Dr.Sivaraman

Now USD/YEN drop to 106 area has given fear to many that it might trigger further the market sentiments.But the big players intend to slowly rise USD/YEN and use it to change the market sentiments.Then all will say that USD is beaten enough.

Keep in mind the markets continue to change the sentiments to trap the traders.So no sentiments attached to your trading.

The market appears as if EURO and GBP cannot even drop 10-20 pips - this sort of condition is called prolonged consolidation to drop EURO and GBP.

Watch and understand what is visible in the market is not true.

Regards

Dr.Sivaraman

EURO and GBP firmed up and after pump and dump moves now holding high.Operators make circular trades and holding high to induce the bullish feel in the market and are selling to emotional traders who want to desperately buy EURO and GBP at higher levels with the imaginations that they can rise to sky high.Later in the day the big players intend to slide and induce the higher level long holders to sell in distress at lower levels during late European and US sessions.

Do sell and buy trades in EURO and GBP.Sell near the day high set and buy against the sell during drop.

Regards

Dr.Sivaraman

EURO and GBP are holding high and they are expected to slide tomorrow from Japanese session onwards.The drop will be a wide  around 100-120 pips in each pair.

Regards

Dr.Sivaraman

Big players are now quickly rising EURO and GBP by circular trades and slowly dumping their positions in the market.Such quick rises are sell opportunities in EURO and GBP to cover tomorrow during intentional move.After extended move the intentional move follows.

They may break the statistically derived  resistances given in advisors blog,as we know the operators do that to create the bullish feel among traders.We will see the slide tomorrow for week end and then a quick upward spike on monday for upward stop hunt and then drop for new month.

Watch and understand how the big players play nicely with the small players as a cheating game.

Regards

Dr.Sivaraman

EURO and GBP have initiated the extended rise inducing the short sellers to cover their shorts in a hurry.Actually they have done the downward stop hunt on the lower side and now making extended stop hunt.This they do mainly to hit the stops of the buyers and earn from their stops and quickly rise and trap the short sellers who technically watch the reisistance and short,the actual resistance for the operators during quick rise is when traders shorted do quick short covering and technically turn long range.Now bullish traders will be willing to buy during rise and stop shorting expecting the sky high levels in EURO and GBP.But the operators are now holding high making circular trades and off loading their buy positions to the emotional bullish traders who hesitate buy during drop and willing to buy during rise.

But the big players intend to slide tomorrow (week end )  as traders are easily buying at higher levels.They are not paticular of a rise or drop- they only focus on trapping and earning from traders.

Reading the operators intentions alone will make us to earn from the market when we trade along with them.

Now next level rises are short selling opportunities in EURO and GBP to cover during slide and drop expected from tomorrow Japanese session.

Regards

Dr.Sivaraman