EURO and GBP are making swing and slide moves for month end  and new month beginning trend reversal time.The hit the stops on the downside and then rise from second week of Feb.Till such time there will be quick drop and qjuick rises moves are expected to alternate with each other.

Try only either way swing trade during this time.

Regards

Dr.Sivaraman

Yesterday as expected by the forecast model EURO and GBP dropped after FOMC rate announcement time.Also further drop is seen during Japanese session.EURO and GBP are expected to firm up during European session start and slide again from mid European session through US session.Players are expected to allow the market to fall freely without much support and buy during drop to rise and book profit with the short sellers at higher levels for week end.

Regards

Dr.Sivaraman

Today by 11:00 - 11:45 GMT I will be presenting a webinar on ” Forex market forecast for the year 2009 ”

The link to register:

http://www.fxstreet.com/live/sessions/session.aspx?id=85c1492d-e686-4f46-9c75-afd3098f508b

Wish to interact with you during the webinar and to share my forecast.

Regards

Dr.Sivaraman

EURO and GBP again made a quick rise during Japanese session and early European session and are making slow slides now.They are expected to swing near high for late European session and then slide slowly for US session to drop during late US session -during FOMC interest rate announcement.There will be risk aversion moves after the announcement and tomorrow during Japanese session as late reaction.Then a rise and drop during tomorrow European session and further drop during US session.

Friday the market is expected to swing and rise  for week end.

I will give more details every day.You may follow the timings and take appropriate positions for either way trading - selling during quick rise or buying during quick drop when they stop the aggressive moves for more than 30 min in a session.

Regards

Dr.Sivaraman

Now after the rise in EURO and GBP yesterday and today during European session start time,the bullish feel is developed in the market.But the players are expected to drop from mid European session and firm up during gap time before US session and then slide again during US session to discourage long holders to hold the positions expecting more rise.Tomorrow again they are expected to make wide range swings without making further rise- a process for them to book profit in their lower level longs and then get the margins released to make fresh buys and rise further the  market.

Alter nate feel of bearish and bullish sentiments of the market is to confuse the traders when they have the tendency to accept what is visible in the market is true.But the players drop the levels and buy when traders get the bearish feel and rise the market to sell and book profit in their lower level buys,but the traders buy at higher levels with bullish feel at that time.

Understand the players intentions and then trading becomes child’s play.

Regards

Dr.Sivaraman

EURO and GBP are making volatile moves during Japanese session.They are expected to firm up during Early European session and then drop during late European session to rise again slowly during US session.From tomorrow more rises are expected in them.

Regards

Dr.Sivaraman

Just opposite of pump and dump moves they showed on the higher levels during May - Jul 2008,they are now making dump and pump moves during reversal time.it is a process transiting from multi year trend reversal to yearly trend reversal.But it may appear that EURO and GBP are to make slide and slide all the time.Unassuming rises could be seen during that time.Next week they are expected to make monthly trend reversal move and then make the trending rises in Euro and GBP from second week of Feb.The trending moves they make once they accummulated huge long positions at the lower levels.The rise they make is to book profit in their longs.

Regards

Dr.Sivaraman

EURO and GBP are making range bound swings for the start of the day during Japanese session.They are expected to go near low or cut low before UK data release time 09:30 GMT and rise quickly towards high and then firm up towards close of European session.Then after  the gap time false dip they are expected to firm up quickly during US session for week end close.

Next week - the last week of the month the market volatility will be very high and unassuming upward spikes are expected from week beginning itself.Market may test patience but it rewards the patient traders and the impulsive or emotional traders quickly change their sentiments and get trapped unexpectedly.Trade calmly the players cannot take away money from every one.They do give profits for the patient and sensible traders.

Regards

Dr.Sivaraman

The players are making late reactions to the data releases.When the data is USD negative they hold briefly and drop EURO and GBP to hit the stops for some time.Then they discourage traders taking long near low and then once the traders cut their long positions and turn short thinking the market is going to make risk aversion reaction,they find the market making risk appetite moves.This sort of cunning moves are to trap traders with some excuses all the time.When traders wait for the dust to settle down and try to take positions they take the market far away quickly.

Traders try to adopt to players trciks but the players make new tricks to trap them.The story goes on like this.

Regards

Dr.Sivaraman

Trend reversal downward stop hunt and quick recovery were seen yesterday in EURO and GBP to rise from today till week end.In chart analysis it may appear like pull back.But the traders shorted during drop are now trapped by the players.They do more drop during over sold condition and rise more during over bought condition to trap traders.The players know well the new Admin cannot make changes over night but they only created the feel in the market as if things can change over night.But the players bought by hitting lower level stops and are expected to sell to those coming for short covering.

Today EURO and GBP are expected to firm up towards close of Japanese session.Swing and spike up during European session .A drop during late European session and then further rise during US session are the expected moves.

Regards

Dr.Sivaraman