Operators' intentions read by 
EURO and GBP made the rise yesterday during US session.After a dip they are making swing and rise during Japanese session.They are expected to swing and rise quickly during European session.After forming high towards late European session they are expected to slide towards close of European session.then swing and slide during US session for week end.
When traders take alternate positions of buy during rise after short covering and sell during drop after long liquidation the players also try to trap such emotional traders alternatively.The players are focused in profit when traders worry about US economy and other attributes about market moves.
Taders can wait for the quick rise to take sell positions as safe trading strategy.
Regards
Dr.Sivaraman
Dear dr.,
USD/JPY for today?
Many thanks,
G.
Hi Dr
Thank you for your postings again.
The markets have been wild and trading has been very difficult.
You mentioned that the majors will swing and rise during the european sessions and make new highs. Will the GBP exceed the recent highs ?
Appreciate if you can comment.
cheers
jason
hi Doc, do u think euro could again go to 1.42 levels? whats ur long term view on euro? As you said that it will slide in coming days and month end. Still you hold the same view?
Thanks
you were right doctor, the dips during gap time was a false move to fool traders to short then the big rise started. thank you very much for the profitable call!
hi Dr. what level you think is worth shorting euro ? around 141.50 or so?
DR,
Fast move up on GU. Operators should slide them.
them in mid session - do you agree?
Good day Dr.Sivaraman,
cable is still in the trading range 1.62 - 1.65
Do you think there are chances to upbreak this range today?
Or still area 1,6450 - 1,65 is good to sell on strenght?
Yesterday my sell on USDCHF could have been profitable if I had not been stopped out for a few pips.
Due to the SNB on the market, I prefered to keep a stop at entry.
This is a perfect example of the topic about hedging and stop losses we discussed about in the last days.
By the way trade safely gives us more chances to profit in the future.
Regards,
doc what r u r thoughts on ucad
Dear Dr. Will EURGBP also slide form peak during EU session?
Hi Dear Dr
sir if we shorted near highs when to close it late in us ? or can keep it for monday ?
regards
Chinese are calling for new reserve currency doc this is going to impact dollar. what is your take on this and seems like eu has broken out and trending higher what should we expect for dollar
My take on new reserve currency - it will take a few decades, if at all, for the “new” reserve currecy to take effect. Take the case of € as a reference. So, I would agree with Doc that such “attributes” are used to create short-lived “market sentiments”.
Until the new reserve currency is in place, there will be many trading opportunities to make (or lose) money! And, by then I wonder how many of us will be actively trading:)
Dear Gregor
Swing and rise expected.
Regards
Dr.Sivaraman
amazing calls doctor very profitable again thank you. Are you expecting a constant swing and slide during the entire US session?
Dear jason
We need to wait and see- if more short covering happens then the rise could be more.If traders turn long around consolidation level then the players may not rise.
Regards
Dr.Sivaraman
Dear Neil
The view is there.But we need to see how the players are acting as they are making moves in thin volume market condition.
Regards
Dr.Sivaraman
dear abha sharma & Francesco
When they rise above high next time you may watch and short once the new high is not cut for more than 30 min.
Regards
Dr.Sivaraman
Dear balanced
may not be immediately.
Regards
Dr.Sivaraman
Dear vinesh
swing and rise some more.
Regards
Dr.Sivaraman
Dear Emil
Yes after one more upward stop hunt above high.
Regards
Dr.Sivaraman
Dear mice
You can keep stop at entry and then think of position trading to mjaximize the profit.
Regards
Dr.Sivaraman
Dear vinesh
there might be some quick moves in the market for that and later the moves will look for more new events.
Regards
Dr.Sivaraman
Dear Kevin
The rise has happened.Further rise could happen if majority of short sellers are not willing to cover the shorts before US session.
Regards
Dr.Sivaraman
great, many thanks, but if you have noticed that currency market is so volatile that in less than 30 mins the market again comes back to the level from where it has risen then how to short it higher level?
Hi sir
they still holding the high what does that mean sir ?
another upward stop, or convencing the trader to go long ?
regads
Dear Dr. Sivaraman,
at this stage is hard for me to understand if players’ intertion is to hold crosses to buil short position or continue the rise instead.
Equities are holding on, but maybe they don’t seem to have the strenght to break further.
Volumes also don’t help to understand and increase volatility.
What is your opinion?
ok thanks for ur valuable feedback, data time lets see how it moves
Hi Dr
Would it be a good time to buy usd/jpy at current levels or wait until Mon? Many thanks.
Dear abha sharma
if you follow it in GMT time frame you can see before 30 min again they cut the high or low then you need to wait for 2 hrsd and if session change comes then wait for 30 min from start of the session and then take short near high if they donot cut the new high in 30 min from start of the session.if they cut then again wait for 2 hrs to short when they donot cut the low again during last 30 min of watch in 2 hrs time frame specified.
Regards
Dr.Sivaraman
Dear mice
when traders are not making short covering and turning long the players will hold high and make upward stop hunt or rise to create fear to such traders to close the positions in loss.
Regards
Dr.Sivaraman
Dear Francesco
it is week end - so they will make quick volatile moves during US session.When quick moves happen one can take positions.
Regards
Dr.Sivaraman
Dear Nazali
If you want to make quick swing trades and earn try to trade in EURO or GBP.
Regards
Dr.Sivaraman
doctor when you say swing and slide is this the players booking profits and building shorts?
Hi Dr
Am I correct in Swing and Slide is to break the day’s low? Does it still look possible in eur & gbp today? Many thanks.
dear Nazali
Yes.But now it appears they want to squeeze the short sellers towards close for week end.
Regards
Dr.Sivaraman
Dear Nazali
they may not make big drop .They may swing near high for some time now.
Regards
Dr.Sivaraman
Hi Dr
Gbp & eur have not broken the high since US session start which would be a sell signal as it’s over 30mins. You say they may swing near high for some time - do you expect a slide or drop after. Many thanks
Dear Dr.Sivaraman,
why do you suggest to avoid trading in denominator currencies?
Thank you
Dr. what do you recommend for a position trader for the month of july. I really evolved in my trading since i started position trading following your blog. Only profit or break even for the last 10 trades, it really let’s you observe the market and it’s moves with calm. The only problem for me now is establishing a trend every month for pairs so that is why i am asking for your advice. Thank you again for all the help
Hi Dr,
Gbp and Eur swing near high from late of EU till first half US session. Are players building short? whether they will do upward stop hunt to let traders loss before they make drop?
Regards,
Duy
its almost 5 hours its not cut the high and now quickly near the high, so wht to do in such case? how the 30 min policy will work here sir?
Dear Nazali , Duyzero & abha sharma
They cut the high in EURO and GBP during gap time -then made the dip of 30-50 pips from high and then stared rising and holding near high - so the dip was a false move induicating they want to squeeze the short sellers towards close.When they are buying all the selling near high also indicate that the players want to do week beginning extended upward stop hunt before the drop.
We need to read all their moves and derive the intentions and the basic trading strategy is to do only swing trades and not position trade.
Regards
Dr.Sivaraman
Dear Francesco
the waiting time to book profit will be long - so we may lose patience,it is better to avoid such a situation for the time being.
Regards
Dr.Sivaraman
dear Constantin Lucian
Initial dip for 1-2 weeks in July and futher rise is expected in EURO and GBP.
Regards
Dr.Sivaraman
Hi Dr
I thought it was eur & gbp to drop in July to early Aug? will we not see a big drop now?
Dear Doc
Net change on weekly basis for this week and last week are very small (GBP: 40 so far and 85 for last week). Neither have the maximum permisible limits been traded. Does this imply that the moves are consolidation/range bound? Can we expect EXTREMELY volatile moves next week with > 500-600 pips high/low range? If yes, how best to position our trades next week?
Thanks and regards.
All, Just a comment….The market provides opportunities to close any position i.e. buy or short as long as we are satisfied with 20 to 40 pips profits…holding on to positions for bigger profits generally leads to anxiety and emotional response/ strain etc…some of my learnings..Thnx
dear Nazali
Wwe will see the drop but the rises will more more in pips than the drops.So over all rise is expected - I gave this info in my -forecast for the year 2009 webinar.
Regards
Dr.Sivaraman
Dear su25
yes this month more of wide range swings and not the trending moves are seen.next month the volatility could increase if the traders take more positions.
Regards
Dr.Sivaraman
Dear Doc,
according to your forecast about EUR and GBP in July it seems to reduce the chance to reach the 1.12-1.14 level in USDHCF and level of 100+ in USDJPY in the coming weeks? or you think we are in the right way to reach these levels?
thanks in advance
regards
smith
su25 do you do position trades?
Hi Doc,
what do you think about 1.70 level in GBP next week?
and would it be reasonable to assume that players can change their perspective from building shorts to building longs? I mean they could keep doing the same strategy we saw this month: trick traders into thinking a correction i due and then trap their short positions. Now they could spike in the beginning of the month, gain a level a keep trapping those who try to position for a drop. Do you think such reasoning would make sense?
Doctor:
Are your webinars unregistered, so we can see them again pls? Tks for your greaat comments.
Hi Dr
I had nominal gain in USD for mid June to mid Aug and then USD losing mid Aug to Early Oct - is this not correct? Is usd/jpy still to rise in July? Many thanks.
Dear smith & Nazali
We will first observe the month end trend reversal move during coming month to derive the next month trending moves.
Regards
Dr.Sivaraman
Dear shoora
the players are expected to makes as you think most likely.
Next week beginning false move will indicate that.
Regards
Dr.Sivaraman
Dear carlab
You can attend the webinars free.
Regards
Dr.Sivaraman
Constantin,
I am a position trader. And, if my trades have gone bad, then I day trade against those positions. Assume I am short, and market has moved significantky against me, then I try to first average with another trade. If both have gone against me, then I trade 1 lot long against the 2 shorts on intraday to further reduce my average price. I never trade another pair unless my trades are making profits. And, trading aganst them (hedging) ensures that I do not commit more margin, and I concentrate only on one pair. Unfortunate part about my position trading style is I do not place stops, and when markets are trending then averaging does not help either!
i’m asking you this because i also started doing position trade and it’s really satisfying. Also as we both read dr. blog and listen to what he says and also learn allot from him it will be nice to exchange opinions with you regarding position trades. If you would like that and also anyone else that wants too, here is my YM id luciannconstantin. Hope i didn’t break any rules of the blog dr. with this message