The players have done the massive drop for month end when traders were skeptical about USD recovery in the absence of bailout plan.This is how the players create the market sentiment and act against the traders.They could firm up towards close and then rise tomorrow.It is only the expected move and the playrs can act aggressively also.If long is initiated then try to keep stop at entry once profit isd sewn.Shorting trade should definitely have stop at entry to avoid getting trapped in eithet way trades.

trade with caution till they rise atleast 150 pips from the low set for the day as they are aggressive in making moves now……

Regards

Dr.Sivaraman

Players are holding near low EURO and GBP and discouraging the traders to make any buy in them.But actually they are dropping and buying against the sells they made during US session yesterday.This way they hold the market by placing either way tight quotes and induce the traders to sell after the drop following technicals and then rise from tomorrow telling that the bailout move was failed.Then traders might think that it is late reaction of the market.

They are expected to make one dip during start of the US session and then firm up EURO and GBP for the day and then rise without much swings from tomorrow.The expected moves are given above and may vary.Hence you are requested to use it only  as an additional input to your analysis and trading decision.

Regards

Dr.Sivaraman

Bailout package gained the focus and the market is making volatile moves,actually it is month end move for the players to drop and buy EURO and GBP to rise from mid US session and rise nicely from tomorrow.Early European session drop is expected to be a good buy opportunity near low or just below low to hold and book profit during late US session or tomorrow during further rise.It is only market reading and please use your other analysis also to take trading decisions.

Regards

Dr.Sivaraman

Last wek they made the massive rise for week beginning and then started the slide during rest of the week .Now just opposite - massive drop in EURO and GBP for week beginning to slowly rise during rest of the week.

When the new low is not cut during late European session the buy can be initiated and during US session they are expected to firm up and then rise slowly from tomorrow.It is only based on market reading and please use your own analysis to take trading decisions.

Regards

Dr.Sivaraman

EURO and GBP are expected to slide for week end with swings.They quickly rised EURO and GBP massively on Monday and booked profit of their last week lower levels buys.Now against the sell they want to buy back by sliding EURO and GBP for week end.Then from Next week they will rise and  rise to reach higher trading zone.positions traders can wait to buy during drop after the new low is not cut for 2 hrs during US session.This reading is only expectaton  and I request the readers to do their own analysis and take trading deciions.Due to low volume participation from traders the players dragging the market in making expected rise.

Sorry I was unwell and could not give the market reading post and also present the tracking the forex market together part I and part Ii webinar presentation.

Regards

Dr.Sivaraman

EURO and GBP are making range bound swings between high and low.There could be higher level longs and lower level shorts pending in the market.The players will try to make the swing as wide range swings and create fear for both the holders and stop them out before making further moves for the week.

Tomorrow there could be a quick drop during European session start and then the recovery and firming up moves  seen.

Regards

Dr.Sivaraman

Euro and GBP are now making middle level consolidation to drop again during European session and firmup during US session.

Quick drops are buy opportunities and initial firming up moves are sell opportunities  before the drop.

These are only market reading and expectations and may vary.So use your own analysis to take trading decisions.

Regards

Dr.Sivaraman

After gaining massive levels for week beginning they are making wide range swings,off loading their positions before making further rise./They are expected to cut the high and cut the low in the process of wide range swings.Stop hunts above high is sell opportunity and drop below low are buy opportunities in big swing trades.Take positions only when they stopped cutting high or low for more than 30 min .Still keep 30 pips stops to limit the risk.Use your other analysis to read the market well and then take positions.

Regards

Dr.Sivaraman

EURO and GBP are expected to make volatile moves today- firming up moves followed by slide.

A massive rise was seen for week beginning to induce lower level short sellers to cover their shorts in that lower level buyers are benefited.

EURO and GBP are expected to firm up during European session start and then hold during mid European session and  drop for US session.These are only expected moves and may vary depending upon the traders taking positions.Use your own market analysis and then decide on your trades.

Regards

Dr.Sivaraman

After the rise the crosses are being handled for week beginning.Besides the players are holding high and booking profits in EURO and GBP.So they could slide tomorrow and then firm up again from mid week.These are only expectations and I request the readers to do other analysis also and then take trading decisions.

Regards

Dr.Sivaraman