EURO and GBP dropped big yesterday.Also AUD, and YEN was considered as risk free currency and that gained big along with USD.After all stories now EURO and GBP have rised during start of Japanese session along with USD/YEN.AUD dropped 100 pips and gained 150 pips in no time for RBA intererest rate cut time.YEN crosses started the gains significantly.Yesterday under the panic condition no one was willing to buy and became bearish.Some might have liquidated the long positions and turn short without realising the lower level risk.Now we see anti market sentiments moves.Traders are willing to short but now careful to know where the high will be to short.This is how the players create the market sentiments and act against the traders.If I say this many may comment I am rigid or giving wrong calls.Still I am posting here because there are others willing to get the views to make their own judgement of the market to take positions.Calls may work or fail but if we limit the risk by keeping 30 pips stop and keep stop at entry once the position makes 20-30 pips profit in our positions ,we can take any level short or long positions as the risk is limited.This blog I am posting only for intra-day trades and not for long term position trades.Position trading needs different trading strategy and market perception.
During late Japanese session and early European session there is expectted to be a quick drop in EURO and GBP probably using the European data release time and then rise .US session start is expected to have a quick drop and then rise using some story or excuses.
The financial institutions can only earn from markets and make their money to grow and they need to collectively act against the market sentiments along with players to earn and sustain.We know that the market sentiments are short lived.If we analyse who were the buyers during such panic drops will give us the insight how the market is being handled.
Regards
Dr.Sivaraman
Operators' intentions read by 

der doc
i have qustion about gpb can we say that we shoud forget the level 1.8700 in this few week and this per will complet this drop to more lower level
What exactly is an anti market sentiment move?
I would describe that as “going against the trend”, which has been your preferred strategy recently.
Market cannot move against sentiment. Market moves AS the sentiment of the traders commands. More selling - lower price. More buying - higher price.
Am I missing something?
Sorry. “doctor” but your posts make me sick …
Sounds like black magic
I think trend is trend, and you Mr. Sivaraman shoud admit that the trend is downtrend especialy when you say that you are for intraday traders giving advices. Don’t be anti trend goer. Yes maybe it is time for reversal now, but you have been saying this since 1,50 or something…
To other i would advice trust youself, have your own strategy and go with it, don’t let anybody disturb you.
Peace from LT
Doc I always respected your analyis and bc of you I have now gained a different level of understanding on market cycles. Are we to expect a rise in EURO this week and if so what levels
Looking at the current levels the AUD seems very oversold against the majors. Do you expect a big reversal in this currency over Q4.
Dear sa
GBP can be dropped and rised alternatively.When 1.73 is posasible from 2.11 level why not some rise as you mentioned.Earlier in 2005 from 1.70 GBP rised to 1.93 in very short time
Regards
Dr.Sivaraman
Dear Vinesh
EURO has a potency to rise this week. we need to watch the momentum and estimate.By tomorrow we could see the higher momentum - my expectation.
Regards
Dr.Sivaraman
Dear tim
I am expecting the gain in AUD most of the lost parts.
Regards
Dr.Sivaraman