Sudden rise and drop is to create fear to higher level long holders to cut the positions before the rise they intend to make for month end.Players are active in quickly changing the market sentiments, to create more and more uncertanities.Also they are now making more drop in EURO and less drop in GBP to drop more EURO/GBP cross.In the name of volatile moves,thin volume etc.they are making quick either way stop hunts during holiday time.We will be able to see their intentions visible in coming days from their market moves.

Regards

Dr.Sivaraman

I am sorry for the delay in giving the blog today.

EURO and GBP are making either way swings from start of the day.They are expected to firm up towards close of this session from the current low levels.Suring US session they are expected to dip initially and then firm up till close for week end.

Near low set for the day are buy opportunities to trade with stop or entry stop to limit the risk.

Regards

Dr.Sivaraman

EURO and GBP firmed up towards close of yesterday after a wild drop to induce traders to cut the long positions before going for holiday in US.

Today Japanese session they made a small rise and then dipped towards close of Japanese session.They are expected to slowly firm up EURO and GBP during European session and after a brief swing towards close of the session they are expected to firm up slowly during US session.

Tomorrow for week end they are expected to  firm up during Japane session and then dip during European session start and rise till week end close time as month end move.

Today’s webinar

I will be presenting today double webinar -‘Tracking the forex market together part I and part II during 11:00 and 15:00 GMT.The links are given under Today’s webinar in fxstreet.com home page for you to register and participate to ask questions and also to know about basic  safe trading strategies.

Looking forward to meet you all there.

Regards

Dr.Sivaraman

EURO and GBP initially rise in this session for weak numbers out from US.When traders quickly jumped into breakout trades the players acted smart and corrected wildly EURO and GBP to hit their stops and also to handle the crosses during mid session before the ‘ Thanks Giving ‘holiday.They are expected to firm up again towards close of this session and tomorrow.The wide range swings is expected to change to consistant rise with swing moves in coming days.

Have a nice holiday to US readers.Still the market is expected to be active till week end.watch the market when time permits and understand the smartness of the players.

Regards

Dr.Sivaraman

EURO and GBP are making the slide now during late European session to swing and firm up again during US session.Then the next rise will not lead to another drop but to further rise in coming days.

When traders try to understand ‘risk avertion’ to ‘risk appetite’ and then back to ‘risk avertion’ conditions,market is expected to rise more including the holidays to convey that the players having big ‘risk appetite’ because of huge hunger for profit.

Regards

Dr.Sivaraman

EURO and GBP made the upward move to hit the stops of the short sellers yesterday during US session and once the traders turn long with ‘risk appetite’ they dropped  during Japanese session.Today very high volatile moves are expected.

Japanese session quick drop and a small firming up move towards close.European session slide again and recover towards close of the session.Then US session slide during session start and rise towards close of the session are the expected moves.

I will give updates during the day.

Regards

Dr.Sivaraman

EURO and GBP made the quick upward move for negative US GDP data.But many times we have seen for negative US data risk avertion was given as excuse and EURO and GBP dropped.This is how the attributes change from time to time to trap the traders.When all turn long for a breakout trade players could try to drop and hit their stops in a quick run and then continue the rise.Today US session they are expected to do that as surprise to the breakout traders.

Tomorrow they will make still wide range swings to confuse traders and then trap the short sellers.

Regards

]Dr.Sivaraman

EURO and GBP made the quick rise towards close of US session as expected.

What is expected today? 25 Nov.

They are expected to swing  and firm up to high during Japanese session.European session they are expected to swing and slide and then rise quickly during US session start and then slowly side with profit booking during mid session and firm up towards close of the session.

More wide range swings and firming up spikes are expected from mid week.

These are only the expected market moves and may vary in actual market condition.Please try to read the market using different analysis and then take trading decisions.

Regards

Dr.Sivaraman 

EURO and GBP made the  expected rise during European and till mid US session.They are expected to rise further towards close of the session.USD/YEN is also rising as contrarian move.USD/CAD dropping ahead of other pairs indicating USD weakening moves to follow.USD/CAD was the last pair to make USD strengthening move and the first pair to make USD weakening move.Once the European crosses make the final upward stop hunts they will reverse and set the trending moves.During that time GBP will be the first major to rise ahead of other majors.Watch and understand how the players follow a system ( sequential trend reversal and the trending moves)and if we track that it will be easy to trade along with them.

Regards

Dr.Sivaraman

Now we have entered into last week of the month of November.Normally the players make big moves during this time and first week of the new month.

The week beginning moves could be as follows:

Early Japanese session small dip and then firming up to high during late Japanese session.Then quick drop during early European session and a spike or quick upward rise from mid European session.A quick dip and then the continuation of the rise from mid US session are the expected moves for today.

Either way big volatile moves could be seen during early week and more firming up moves could be seen from Thursday.

I will give the updates during each session tracking the market moves and through the week as well.

Regards

Dr.Sivaraman