Operators' intentions read by 
EURO and GBP made the rise and drop for 2 days,the act of the big players to induce long liquidation from the traders when the big players wanting to buy at the lowest levels.
Today week end and month end time, the big players are known to make volatile moves to earn either way - hitting the stops of the long holders at lower levels and then hitting the stops of the short sellers at higher levels.
Expected market moves - Nominal swing during Japanese session,followed by quick rise during gap time and drop during Early European session,then recovery from mid European session.Then gap time before US session a false drop and then a qucik rise during US session.
Stop hunt moves below low are buy opportunities to close when they make upward stop hunts above high.
Regards
Dr.Sivaraman
Do you expect the EUR/USD to reach 1.4800 today during all the volatility?
Dear Mike
If optimum volume is there then they are expected to reach 1.4677 area today.The depth of initial drop below low will give more insight regarding the bounce back rise.I will give post as we watch the market.
Regards
Dr.Sivaraman
Dear DR,
Yesterday in the evening you said
They will make USD weakening move against EURO and GBP and then denominator currencies (USD/CHF,USD/YEN,USD/CAD) they will make USD strengthening move alternatively- that is known as contrarian move.
I am expecting EURO to rise above 1,48 tomorrow.
Now EUR made initial rise, but you said to MIke that they will reach 1.4677. Did you change your mind about 1.48 ?? Why ??
What is your forecast about Yen crossess for today ??
Krzysztof
Dear Krzysztof
In EURO an initial dip during Early European session and then rise above 1.48 from late european session expected.
In yen crosses near low are good buy opportunities and they will rise nicely when EURO,GBP and USD/YEN from monday
Regards
Dr.Sivaraman
hi dr
what u think about gbp ang eur/gbp?
and eur/chf
thanks
Dear Krzysztof
They are pushing down GBP and USD/YEN for GBP/YEN to cut the low,typical contrarian move.They will reverse today in the same way by rising both.
EURO/CHF will rise some and then slide
Regards
Dr.Sivaraman
Dr.Sivaraman
1.48 for EURUSD still possible today ?
If yes; during what session ?
Will markets close up or down for weekend ?
Kindly, plse advise. Tks/Rgds, Real
Please stop using the term “they”. It doesn’t refer to anything and has vaguely conspiratorial overtones.
Furthermore, your use of the term “big players” is too generic a phrase to explain what it is I think you’re trying to do. The biggest players in the forex market are the central banks, not because of volume of trade but due to the clout they have both influentially and at times physically through cash injections. They certainly have an open dialogue with each other and at times even align their strategies.
There is a fundamental reason though that large proprietary trading desks do not work as a group, and it’s the reason they’re in the business in the first place: financial gain. As an analogy, if you were playing poker with open hands, not only would no one win, there would always be someone who, halfway through the game, would capitalise on the weaknesses inherent in the rest of the players by concealing his hand and winning the pot. If, alternatively, your theory rests on the suggestion that retail traders are around the same table, and it is retail vs. banks, the imbalance of financial interest would be ludicrous. Their pot would be many multiples the size of the retail traders and I’m sure, in their opinion, not fussing too much over.
Hi Dr,
What do you expect high and low of gbp/usd will be today. Will gbp usd close at much higher than current levels?
Dear Real
EURO is expected to rise above high towards close of European session or mid US session onwards - it depnds upon the volume to happen early or late today.Closing is expected to be in the middle levels between high and low in many pairs.
Regards
Dr.Sivaraman
Dear Charles
I need not tell you the logic,you should be knowing it.Markets are man made and EURO or GBP does not have life to move on their own.Their levels are to be moved by some one.Only in bank deal rooms they have the facility to place buy orders above the high or sell order below the low as market order.In platforms we cannot.
Banks deal rooms can only place orders of their clients and they cannot do propritary trades.the banks consolidate all the orders of their clients and match as much as possible and then only the pending orders they place in the market.
One of the important thing in market making is providing liquiity and both the buy and sell orders are to be filled pip by pip.So either way quotes are needed in all pairs.If the ask and bid remain static for some time then what you say like CB is responsible, is understandable.last year there were reports about interventions from CB and still they could not stop the rise in EURO and GBP.So who is responsible for the rise in EURO and GBP- donot say market - because traders were only selling and stoppingout.Now just opposite is happening -if CB is responsible then why false move before every data release and the intentional move after data release.Because CB should be knowing the data before hand. You know after 9/11 on the same day EURO and GBP rised 250 pips.The CB intervened with 80 Billion $ to drop 250 pips and from sept 18th,2001 EURO and GBP rised non stop.So who was rising it.if the traders are buying and buying ,then when they book profit and turn short then the market should drop,instead it was rising.You know USD/YEN came to 95 area and rised,USD/CAD dropped to to 0.90 area and then rised in a few days.Are the CBs responsible for such aggressive moves?
Market will have up and down moves.There will be big traders and small traders.if you view it as gamble it is gamble,if you view it as scientific gamble,yes it is.Why during gap times false moves happen every day? why first of all false drop and then big rise or false rise and big drop?- you mean to say the CB is cunning?
I donot want to argue more and give more arguments.I have derived all the points after interacting with several bank dealers and responsible persons connected with markets, and the bank dealers and fund managers were not aware that they were placing orders for the same group buy orders in one bank and sell orders in another bank.
So my argument is not baseless sir.Please permit me or donot mistake if I use ‘THEY’ or ‘BIG players’ or “OPERATORS”
Regards
Dr.Sivaraman
Dear Foale
GBP?USD is expected to swing in the range of 1.8260 - 1.8470 area today if there is optimal volume.
Regards
Dr.Sivaraman
Hi Dr Sivaraman,
I noticed from a reply to Krzysztof yesterday
that you mentioned that Eur/USD will hit 1.4950. I note that you also mentioned today that it will get pass 1.48 level. Are you expecting 1.4950 today as well?
Many thanks.
Cheers,
TT
Dear TT
The higher levels depend upon the volume of short covering to start with>I am viewing now more of long to be stoppedout first -if more traders short during drop then 1.49 area they may show.1.4850 is optional level estimated in anticipation of decent volume.
Regards
Dr.Sivaraman
Dr. S., thank you for your response, though I do find certain responses slightly concerning:
1. “Dear Charles
I need not tell you the logic,you should be knowing it.” - Isn’t your purpose here to educate?
2. “Their levels are to be moved by some one” - wrong. There isn’t “someone” that moves markets.
3. “Only in bank deal rooms they have the facility to place buy orders above the high or sell order below the low as market order.” - Actually any retail FX trading account has this very simple function. Oh, in fact the sponsors of this blog offer it.
4. “Banks deal rooms can only place orders of their clients and they cannot do propritary trades.” - WHAT?! Um, yes they do!!
You have traders, brokers and inter-bank brokers. The first group are most certainly proprietary!!!