EURO and GBP made the swings between high and low set for the day.
Today they are expected to made wide range swings to take the stops on the lower side and then take the stops on the higher side.A quick drop is expected during European session and from late European session a quick recovery is expected to rise further during US session.
This way the players induce the long holders to book nominal profit and turn short to get trapped during the next level rise.Dips during downward stop hunt are buy opportunities to book profit during upward stop hunt quick rise .
Regards
Dr.Sivaraman
Operators' intentions read by 

Dear Dr.
I think it is much better to go short than long at least for today’s intra-day trading. It is easy to set a stop over yesterday’s high and trailing the stop if needed. It seems to be hard to guess the bottom line for player’s downward stop hurt. 1.2800-1.2700 is quite possible to reach. Only those trade without stops will be trapped by the players.
dear doc, why eavery day u support the rise of euro and gbp? if i say to my clients eavery day that euro ang gbp will go up, then one day they WILL go up but the last 6 months i read ur prediction u only support the strength of euro ang gbp. u was saying when euro retreted from 1.60 to 1.45 that will go again at 1.60, that never happenned and u still use the same pattern (rise on euro rise gpb) at this levels they might rise, but with ur prediction u cannot see euro under 1.20? in 2001 euro was 0.85 against the dollar, u cannot see the same senario, while ecb is still lowring rates, and we might come to a point that ecb will lowering rates and the federal bank will incresing thier rates. this senario is not far away and if this happens i belive that parity of euro and usd is not far away. thank u
the way i see ur predictions is 50-50, u say they will rise eavery day but when euro was 1.27 i told u that will go under 1.25 and it went down to 1.24, and when u said gpb will rise it went under 1.37 so u was wrong at that time, the predictions of a rise after that was something normal. thank you and i hope i din’t offend you by saying u was wrong, eaveryone makes mistakes.
Dear barry
Every day there is either way trading opportunities - sell near high and buy near low or buy near low and sell near high.Players trap those traders using stop by stop hunt moves and without stop by making extended stop hunts.We need to be smart while taking position - take positions during such extreme moves to avoid being hit.
Regards
Dr.Sivaraman
Dear cris jonothan:
I really appreciate your analysis.I like to know out of accademic interest, when you have the best system,why you read my blog?
I can only give my views here.In 2001 when EURO was trading around 0.78-0.85 area I was giving the call it will rise very big and USD will be under pressure.fxstreet people know about my calls.but at that time entire world was telling euro can go to 0.67 area.Also when Euro was around 1.55-1.60 I was the only one to give call there will be massive correction.but all were expecting 1.65 area.if you find my views useful you may use it or just ignore.
Regards
Dr.Sivaraman
It does not always works, but the old rule buy low sell high fits the forex very well in my opinion.
I have learnt that patience and ability to manage risk in trades can be very effective if used by the right mix.
I believe Mr. Sivaraman makes an excellent work by sharing his views with a waste public as we are, being aware that mistake is human and common thing.
I like to apply his daily suggestions to my daily paperwork on the market, so far it has been working very well and I am thankful to him and fxstreet.com website.
Also I tend to believe that according to the same view many different strategies can be applied, in reason of the single traders’ posititions, availability and system.
So I would not be crictical if things don’t always go as he suggests, first because he is very often correct indeed, and second because we are the ones who click on the mouse to buy and sell.
Safe trade to all