Operators' intentions read by 
Now traders are shying to take positions.Normally US session start use to have good swings.But today the swing is very subdued.Traders might have become affensive - because many types of trades like buy near low ,buy or breakout,sell near low or sell near high they would have done and become fatigue because of excessive stop hunts.Now the players are expected to swing and slowly firm up without much traders participation.Not much of open long postion could be there in the market,as some might have booked profit near high or some would have stoppedout during drop.Traders are not willing to short near low,may be after a rise.So sudued moves are seen.
Players need to give opportunities at some point to traders for them to be interested in the market.if they make day in and day out aggressive moves then the traders might shy away,not good for market.
Regards
Dr.Sivaraman
So do you still think it is a low of the season ?? Because their reversal of move up was very strong so players are completelly in control - no panic buying.
Only EUR made a new low and USDCHF new high, others didn’t
Krzysztof
Dear Krzysztof
In the absense of traders markewt cannot make any big moves again.Traders are being hurt many days now.hence US session show a very subdued moves.If the players make deep lows then the traders may not particicipate.Because when the market makes much against fundamentals people develop aversion to market.Hence the players make moves mostly in tandem with fundamentsl news and also make some moves to support technicals.But now the market is not obeying fundamental or technicals - you can see the other blogs talking more about fundamentals and technicals to develop the insight.When traders become fatigue then the big players give trading opportunities before trapping them again.I think broadly it is low of the season as they are not making big moves in crosses as well.
Regards
Dr.Sivaraman
Dear Doc,
You say “Players need to give opportunities at some point to traders for them to be interested in the market”
What’s not to be inteterested in this market!?? It’s one of the best times I can remember. This ‘market’ is giving everyone plenty of oportunities to join the trend. The real fact is that not many people have witnessed big trending moves such as those that are currently occuring (look at GbpUsd 1992 to get a feel of what might further happen here or USDCAD in the last coupe of years). It is natural therefore, to expect a ‘retracement’ after big moves. This will come at some stage. BUt there is no need to anticipate it. WHen it finally arrives, that too will give pleny of opportunities to try the short side of the dollar.
Further, I think you are giving too much credit to the so called ‘operators’ . Believe you me. They are made of flesh and bone like you and I and suffer from the same emotional shortcomings that we all experience. I would further add that most ‘operators’ are even more susceptible to overtrading due to the large size (mostly leverage) of their position. So whilst they do move markets, most of the time it’s not because of intentional plans.
At the end of the day, there must be some truth to the old adage “the trend is your friend”
Best,
Leonardo
Dear Doc what know about EUR looks like it has broken all resistence longterm strong resistence levels. Are we in for a trend reversal for EURO or has it already started? If we close below 1.4100 then we are going to 1.4. Are longs doomed?
Dear Leonardo
I understand your concept.This time of the year the market is stretched too much like the rise happened for more than an year.During rise similar uncertanities happened and same is true now.Now it is eveidential no one wants to do buy and sell trades and the buying comes from the sellers only to book profit.In my observations,the drop takes shorter time frame than the rise.Because rise needs more investments.Now the players or investers are sitting on cash after liquidating the positions with profit or with loss.That type of money cannot be taken by any bank as fixed deposit.In can only be invested in various market.Let us calmly watch how they play to understand the market cycles.
Regards
Dr.Sivaraman
Dear vinesh
Euro has broken the supports and came down now the next psychological support is 1.40 area.The players are known to break such levels to change the market sentiments.The reversal point may not be far away.We need to watch the market moves to understand how they intend to make reversal at this point of time.Their intentions will be revealed soon.
Regards
Dr.Sivaraman