Operators' intentions read by 
EURO and GBP recovered their lost ground yesterday towards close of US session as expected.They are expected to gain more .
Today during Japanese session EURO and GBP are expected to swing near high and dip towards close of the session to reach near low or cut the low nominally and rise quickly during European session.Mid european session they are expected to spike up.
During close of Europeaan session or gap time before US session or during start of US session (11:30 -14:00 GMT) a quick drop is expected as week end and month end volatile move and then rise big to close above high towards close of US session.
Monday they are expected to open with upward gap for the new month and then a profit booking move could be seen as week and month beginning false trend reversal move.
New month is expected to be a promising month for buy and sell traders in EURO and GBP.
USD/YEN is expected to rise alternatively with EURO and GBP during that time.Other denominator currencies - USD/CHF and USD/CAD are also expected to swing and rise during that time frame.AUD is expected to make wide range swings at higher levels.European crosses and YEN crosses are expected to swing and rise as profit booking moves of the players.
Trade with care without any bullish or bearish feel - market means wide range swings.Watch the intra-day trends and trade - buy near new low and book profit near new high using strategic trading - use hedging order to limit risk and once profit is seen in the position, use trailing stop and limit to lock the profit.
Regards
Dr.Sivaraman
Dear Doctor..you said “a profit booking move could be seen as week and month beginning false trend reversal move”.
Does this mean that they will rise at the month begining temporarily and after creating a bullish feel will dip them before the next rise??
May you continue your good work forever
regrds
Hi Doc,
As there is not one player but different banks/big net worth individuals make the desired move & make big money. Naturally, NFA or other commerce commission would not allow direct contact & communicating trading information so they must be using sign language which is universally understood in big player group. Could you give us some clues on what sign to look for like fake move, etc?
I have constantly achieving 10% per day success after understanding you theory & refining my strategy. as such i do not have strategy based on technical indicators but i trade price actions now. Thank you for changing my life as i can trade now with out fear.
Your view on Yen & Yen crosses please.
regards
Joshi.NZ
Hey Doc, good morning to you… its lovely and very precised the forecast.. i am also feeling the same, lets hope this come true. Thank you very much for intense research.
Best Regards
Looks like they want to rise the majors and the EU seems to be the initiator today while the GU follows.
Dear Dr.,
The players are pressuring down the EUR/GBP for the third day in a row. Should we look out for continued relative GBP strength or do you still expect the EUR/GBP to raise?
Thank you very much for all your hard work!
Hi Dr
How many pips do you count in spike up thx.
Regards
Arun Kandyal
Hi,
GBP is dropping before US GDP..is it false move..still GDP is poised to go up?
regards
Joshi
Dear Doc
As forecast by you, the drop started at 1130 GMT. Does t mean it will continue until 1400 GMT? Is this drop a false move before data release?
Thanks and regards.
Dear JAYDEE
A rise today and early monday and then slide rest of Monday as false move before the rise in that week and month.
Regards
Dr.Sivaraman
Simply AMAZING!
Dear joshhh:
We cannot discuss their strategy- but if we focus we can identify.
yen crosses are expected to swing and rise.
Regards
Dr.Sivaraman
dear Neil
thanks
Regards
Dr.Sivaraman
Dear George
EURO/GBP is expected to rise accordingly euro and gbp are expected to swing and rise with contrarian moves.
Regards
Dr.Sivaraman
Dear Arun Kandyal
spike = minimum 50-60 pips and maximum net permissable limit.
Regards
Dr.Sivaraman
Dear joshhh
Yes expected to rise after the present dip.
Regards
Dr.Sivaraman
Dear su25
they are expected to swing near low and create fear and stop hunts and then rise from 14:00-14;30 GMT.
Regards
Dr.sivaraman
Dear Emil
Thanks
Regards
Dr.Sivaraman
dear Dr.Sivaraman
thankss for your ideas, Market comment, Market forecast, it is very helpful if some one follow strickly ur ideas…….. i didnt make money but i am getting less and less margin call when i follow ur short term forecast…
thankss again from me and who mkae money bcoz of u
saeed (U.A.E)
Well done DR. Another fantastic call have a good weekend.
Hi Dr
Wov Dr great forecast today, no words to say exactly timing to timing forecast thx for your kind and support.Have a nice weekend.
Regards
Arun Kandyal
Hi All,
Does anyone knows the permissable net move for Usd/Yen
thanks
Dear saad,Jimbo & Arun Kandyal
Thank you all - have a nice week end.
Regards
Dr.Sivaraman
Dr..great forecast for the last Fri…informative + financially beneficial
Su25,
You look like quite an experienced trader. Your trading plan based on dr’s views is quite good.
If you can add something more on how to manage hedged positions - a key to controlling riks - it will be very valuable.
View and trading strategy:I want to trade with a view as explained by Doc every day instead of having my own view for a few days unless I master risk control.
Working hours:
Asia: Enter only Asian opening hours and close 2 hours after London open.
Watch the forex quotes for first 30 minutes and enter with 50 pips profit limit and
30 pips trailing stop and place hedging entry order (instead of stop loss) below 40
pips of initial low or 50 pips of your entry position, whichever is high. Go away
from your screen and come back just before gap time to see where we stand. If the profit of 30 or 50 pips is achieved good.
If the profit is between 25-40 still close the shop and look at gap time whether it provides the opportunity to re-enter and repeat the same for London session.
London session: Repeat the same way
US session: Repeat the same way
Risk control :
(a) Money Management: Plan for drawdown (not profit) so that you have no further fear of worst kind of situation. You already know how much maximum drawdown (not loss) you will have before you recover.
Start with $5,000. Margin money ($1,000 to get trading capital of $100,000 (1:100
leverage) if you are using stop loss (and not hedging) and $2,000 if you are hedging in same currency) and put $3,000 money to take care of drawdown. Use contracts of $10,000 on which each pip will result roughly in $1 per pip profit or
loss. So you can trade up to 2,700 pips (3,000 pips less 10% of brokerage, slippage etc.).
If you take my worst case scenario you may end up in locking 180 pips maximum (in case of three sessions going one way and your hedging resulting draw down).
Dr’s worst case scenario: first hedge 30 pips, if unhedged and still go into loss,
second hedge 30 pips, and still go into loss third and final hedge 30 pips
My worst case scenario: 50 first hedge, if unhedged and still go into loss second hedge 70 pips, and if still go into loss third and final hedge 60 pips.
Up to here, I am clear but after this I don’t know how to plan exits for both
scenarios.
timing strategy A: I can watch 30-minutes to 120 minutes to see prices not cutting low or high significantly and then decide to unhedge.
timing strategy B: If I am not watching constantly then should I look for some hours of the market or some price points like high low of weekly/monthly/daily or a fixed number of pips (say 60 pips). How do I do? When to exit from the third, second, first and original entry?
For both timing A and B, I need to enter into Order screen:
for each of 4 positions the following:
1. Original entry
2. first hedge
3. second hedge
4. third hedge
(a) Profit Limit order
(b) Stop loss order
(3) Trailing stop for stop loss order
How do we do this?
Thank you again for putting into words Dr’s oral lessons.
Poonam
My understanding of Doc’s hedging:
For eg, one entered a long trade on Gbp/Usd @ 1.6800, then a hedge (stop sell) order would be placed @ 1.6770. If this is triggered, then one is left with a buy @ 1.6800 and sel @ 1.6770.
Scenario 1: Price moves above 1.6800, the hedge was triggered due a to stop hunt. If the high is cut, and price does not move below the new high, then cut the sell position at a loss. Assume the sell position was cut @ 1.6850. Place another hedging (stop sell) order 30 pips below cut loss level (@ 1.6820). Once price has moved 30 pips above stop loss level (1.6880), then move stop on buy to 1.6850 and remove the hedge order. This will ensure that the trades are at break even.
Scenario 2: Price moves below 1.6770 and stays below this level for more than 30 mins. Treat the sell position as the correct position and buy positin as the hedge and take action similar to that stated in scenario 1 (obviously with levels and direction adjusted accordingly).
Scenario 3: Price moves side ways - leave the orders as in, and review them once price has stopped cutting the low or high.
If one cannot decide on price direction, for any reason - fear that the decision may be wrong, price is too volatile, will be away from the PC, etc. then (a) defer taking a decision until everything is settled, or (b) if price has moved significantly away from the entry levels, then put a stop at entry on the profitable trade or both trades.
Hope this is useful.
Poonam
IF you decide to trade solely on Doc’s view, then please ensure that you understand thoroughly his calls, they are not always as precise as given on Fri for this week beginning. I cannot time precisely his calls - to place orders and stay away from the PC - I suggest you try it on a DEMO a/c for 2-3 months or more.
You have rightly decided to trade mini accounts based on the capital and leverage ration. You will definitely conquer fear, as the loss in absolute terms will be small. However, you have to conquer the greed factor too, as the profit will also seem small. And, may I suggest that you trade only 1 pair with 1 lot and ensure that you close it with a profit? You may add another lot to the same pair, depending on your trading strategy.
I do not want to comment on your entry/exit rules, as you will have to develop/tweak them based on your trading style and comfort level.
Su25,
Thank you so much for your suggestion and explanation.
You can comment on my entry/exit and hedging plan also because that was for study purpose only. So that I can digest if I have more than one example.
Kindly comment on this too:
timing strategy B: If I am not watching constantly then should I look for some hours of the market or some price points like high low of weekly/monthly/daily or a fixed number of pips (say 60 pips). How do I do? When to exit from the third, second, first and original entry?
This is of course a diversion away from Doc’s method, but your advise to refine it will be greatly appreciated. I will do demo trade only to gain more experience about timing strategy.
I greatly value your suggestions.
Su25,
What is sideways market? Is it prices stalling? And how to identify it if I am not watching? I just learning how to read charts. Is there any one indicator which can give an idea of this sideways movement
Thanks again.
Poonam
I do not want to comment on your entry/exit srategy because it is a function of time. And, I do not trade based on time. I trade primarily on price action, and sometimes on levels (only for open trades to determine profit level and place hedging order) when I am away from my PC for a few days.
Sideways market is when price is “directionless” moving in a “narrow” range - between previous highs and lows. Depending on the time frame, it can termed as consolidation, sideways, range trading, congestion, etc. Most often, not always, price action on NFP day is sideways during Japanese and early European sessions.
Since you are not used to charts, maybe you are the right candidate for learning Doc’s style as he relies on “quote” page, without bringing bias to trading from chart analysis.
su25
Thank you very much.