Operators' intentions read by 
EURO and GBP have again broken every close by supports and appear there is no end to the drop.The players are making such moves as they know traders are not taking much positions and those holding pending positions are alone worried about the market drop and try to manage the equity with great stress.They also know well traders want to wait for ECB and BOE interest rate decisions tomorrow and still if there is no clarity then wait for NFP data.So free moves are seen in the market without any upward stop hunts to attract traders to do sell and buy trades.Players are active and the traders wait for clarity.
Expected market moves:
EURO and GBP are expected to make down an up moves near low and firm up towards US session.
Regards
Dr.Sivaraman
Hi Dr Sivaraman,
Perhaps it is more helpful for us to understand the rationale of your forecast? Market either goes up or down….so doesn’t really give much clarity. Also, why do you think it will firm up towards US session?
Thanks.
Cheers,
TT
It’s a long time that we have not seen such a fantastic market with such a clear trend. Lot of easy money to be made by shorting every littly bounce.
No, Mr. Sivaraman, I don’t agree with your comment. Smart traders are not waiting for clarity, they are actively playing the trend to the donwside and making huge amounts of money, whereas there are still people managing their losing long positions with great stress.
Regards
Dear Doc,
Since I followed your advise and predictions, my trading has been dismal lately to say the least. But I have to thank you because it forced me to go back to the drawing board and re-assess what you have been saying and perhaps learn something from it.
2 months ago when I first began to use your technique, I was lucky enough to experience success right from the start. I was euphoric because I thought I have finally found the “forex guru” that knows what he is talking about and I can now begin to “master the market”. Instead, the “market mastered me”.
Let’s try to be objective here, Doc. When you drive a car, do you always use the exact same driving technique? Do you always drive precisely the same way, whether you’re in heavy city traffic or on an empty six-lane highway?
Of course not. We vary our driving styles to suit the situation. We recognize that certain techniques are appropriate some of the time, but not all of the time.
And this is where I fail to understand about you, Doc. Your years of experience should have given you enough insights to vary your style and appropriately advise the traders, even if it’s free advise. It shows your sincerity and integrity. I wonder whether your paying subscribers are bleeding like some of us or are they laughing all the way to the bank? If there is a distinction, then I feel you have failed the traders in this blog for giving half-baked predictions and advise.
The lesson that I learned? Never fall in love with a technique because the effects can be devastating. In my humble opinion, the market has clearly changed and Doc’s technique at this moment is no longer appropriate.
And Doc, this is my prediction: Eur and Gbp are on a down trend, may trade in a range or even consolidate…at some point. And I would think they are due for a correction…at some point.
Well, that’s how vague you are Doc. I’m only following your footsteps.
I rest my case.
fxwealth
Dear Dr.
Here is your response to one of the comments:
“have seen the yearly and monthly trend reversal moves and not multi year trend reversal before- now we have seen the completion of the multi year trend reversal move.In a few days we could see the market moving as per our readings.In future I could give the forecast for multi year moves as well in the year”
I didn’t understand it well. Since multi year tend was stronger EUR and GBP against USD, so by “completion of the multi year trend reversal move” do you mean that the bulish trend of EURUSD and GBPUSD is over? please explain.
thank you.
Regards,
Vytas
Dear Doc with the EURO that seems to be falling without any end and now retail sales coming out weak and a chance that ECB may cut rates tomorrow EURO could be seen going down to the lower 1.3 range do you still expect a bounce here to higher levels things are looking pretty bad for EUR right now. Also a few weeks ago you had mentioned that AUD could shoot up 400 pips up this never happened.
Dear Doc,’
lately the g/u g/j e/u e/j a/j have been dropping very late in the asian session just before euro/session do you think their doing drop their because low volume?
hi guys ,
please it s not good what are you doing with doc even you have a different view than the doc , no one can be right always , so every body here should respect others view and opposite and not to be in fighting mode all the time .
all the best for all traders
technical trader
sean, keep asking …..
Hello,
I agree that “no one can be right always”, but Doc has been wrong permanently for the last 4 weeks … and he is not able to admit that … that’s pretty annoying, isn’t it?
regards,
Hi Dr
please tell us how to define if majority of small traders holding long or short positions.
Dr,
Thanks for great intraday reading today. It firmed up nicely towards US session as your forecast. Would you advice buy and hold for the next few days? Thanks, Emil
Dear DR,
So what it was this EUR and YEN crosses rally during gap time ?? Stop hunt ??
Krzysztof
Dear TT
I am giving the expected market moves following my forecast algorithm for timings and levels and use market reading (reading operators’ intentions from their market moves)to fine tune to the possible levels.
I believe in the calls rather than putting the responsibility to the system or software.Hence I give only the expected moves and not the basis of the calculations (more complicated system of analysis) that is not really required for trading.If it goes wrong I take it as blame on my work rather than the software.So that I will get the mind set to fine tune the sytem.
Regards
Dr.Sivaraman
Dear trendtrader
Pleasde ask every trader you know whether they are doing sell and buy trades.if that is true the market will not fall free continuously.
We know at higher levels last month when the market was droipping initially most of the traders were doing only selling,hence they made frequent upward moves freely,later after a good correction traders start the buying,then the players took the advantage and starting selling to them to induce long liquidation like this what we have seen for 4-5 weeks.
Regards
Dr.Sivaraman
Regards
Dr.Sivaraman
Dear DR,
Are you still keeping your prediction about bounce of Yen crosses. Because I think stock market is going to fall than
due to correlation yen crosses also even if EURUSD will rebound.
Krzysztof
Dear fxwealth
Please understand that I am giving the forecast,reading of operators’ intentions and also trading strategies to limit the risk and maximize the profit.I do accept the forecast went wrong,at that time the trading strategy helps.Every of our trading and positions are important,We take position with the intentions to make some profit.But the hidden risk is not perceived.I always give the stop or the entry stop to my clients and also in the webinars when I recommend the trades.So if you have traded with over confidence and not taken care of the steps required to limit the risk,then you have followed only few things from my expectations and then blaming me for that.I accept the blame.But I request you and all other readers that not to blindly follow the calls.Use it as an additional input in your analysus and take trading decisions.
Regards
Dr.Sivaraman
Dear Vytas
Euro and GBP use to make about 1000-1600 pips swings in a month in the past till 2006.So there the ranges will shift and from lower to higher but not to exteme levels.Only during multi-year trend reversal time the extreme rise or extreme drops will happen.Hence the levels are track backed to about 20-27 years.Now on we will see normal monthly sweing and not exteme levels like GBP 2.11 and EURO 1.60 etc.But the market will swing in wide range in coming days.We could see 1.55 in euro and 1.95 in GBP and also some optional lower levels of yester years.
Regards
Dr.Sivaraman
Dear vinesh
It may appear the correction could be endless.But the nig players are buying every selling happening in the market.Once they are long they need to rise to book proift.You know how they give excuses every rise and fall.They are doing their job and we need to understand and trade accordingly limiting the risk.
Regards
Dr.Sivaraman
Dear sean
They are making big drop in YEN crosses by making contrarian moves - dropping GBp and also USD/YEN.This is the normal trebd reversal type of move in crosses.During trend reversal they do like this and induce margin calls and buy all the lower level selling in thin volume.Hence by start of the market they drop 150+ pips when traders orders are not being placed.Then the traders are compelled to trade at the lower levels.You know how they showed USD/YEN 95 area- same way they do in crosses on the upside and downside every time.Hence I always suggest small traders not to trade in crosses unless they know well how to trade in them.
Regards
Dr.Sivaraman
Dear Emil
We need to control panic and greed.So if the position makes profit and if you want to hold for a few days then keep stop at entry and trail with 30 pips if you are watching or 75 pips if you are not watching to protect the profit.Tomorrow we will see visible rise in EURO and GBP.
Regards
Dr.Sivaraman
Dear Krzysztof
In crosses due to thin volume the moves will be wild mostly.Near the season low and season high such moves they do to see the traders cut the positions in distress.Gap time they always make such moves in crosses during trend reversal times and not during trending times.
Regards
Dr.Sivaraman
Dear Krzysztof
Market may appear comparable and correlated.They are our assumptions.I am expecting strong reversal moves in YEN crosses.continued contrarian moves indicate that.
Regards
Dr.Sivaraman