Operators' intentions read by 
EURO and GBP made the narrow range consolidation yesterday during each session and made brief downward stop hunts below low in every session.The players are holding high for a prolonged time to induce short covering from the short sellers.
Today they are again making narrow range swings during mid week.The expected slide is not happening in a big way as predominant short sellers are not covering their positions ie buying from players at higher levels.
Towards close of japanese session again a firming up move to high is expected.then swing and initial rise during early european session and slide from mid European sessions could be seen below low.then a quick drop during early US session and slow firming up move could be seen during US session.if the traders cover their shorts mostly then the players could drop tomorrow before the interest rate decisions.
I will give updates if needed when the market spread increases.
Regards
Dr.Sivaraman
Dear Doc,
as I have read your comment, nothing relevant happened at the market, there is big chance for another rise in EUR and GBP perhaps we can see 1.45 in EUR and 1.70+ in GBP.
Is it possible we can reach 1.47 in EUR without big downward move in the coming days or next week?
regards,
smith
Hi Dr
As there may not be a big drop would you recommend buying on dip? I would think there should still be a small correction. Many thanks.
good monrning Doc, so do u want say that the levels of 1.4150-1.42 wont be seeen today tomorrow? thanks
Doc, jap session is closing near the low, are you sure these drops here are not the ones yet? thanks.
Dear Doc,
Do you believe that fundamentals move markets? Tomr with quantitative easing announcement due from BOE, gbp will drop heavily if they are to increase money printing? Thanks and regards..
Dear doctor,
i am expecting a drop in GU before next rise on technical basis… but ur prediction is not based on technicals so y u think that a drop is necessary for players before the next rise??? what are the intentions of the market movers in this move?
Dear doctor, you are suggesting that currently the players are setting a trap, tricking traders to buy more before they make a drastic drop to 1.41 level before they bring the price upward back to 1.45 level next week?
Dear Dr.Sivaraman,
Are you expecting new high, i.e. above 1.4450 on EURUSD today?
Regards,
Chrisstoff
Doc, i would assume the players used the news to spike GU near the high, didn’t cut it for 30mins, but this induced traders to buy or hit stops of the shorts? And then when traders buy thinking it will breakout higher than 1.7000 the players can now drop and take their profit from the market? Please tell me if i am starting to see how the players play thanks.
Good day Dr
You said “I will give updates if needed when the market spread increases.”
Could you explain what you meant by “market spread”?
Joseph
I maybe off base a bit– but the market spread is determined by market liquidity- when the readily available supply is either bought or held by short traders the market spread will increase if all the lots are spoken for.
The players cannot buy more lots until they increase the supply- so either the buyers need to sell and take profit, or the shorts need to cover to increase the available supply.
Dear Dr, Many thanks again. How do you see UY today?
Dear smith
Your expected market move is possibel but it may not take the traders along with.
Regards
Dr.Sivaraman
Dear Nazali
it shows well the players are testing the patience of the traders.
Regards
Dr.Sivaraman
Dear Neil
the drop could indicate the possible levels as they are holding and inducing short covering now.Only when the short covering happens they could drop - orelse they rise and induce short covering and then drop as the traders could turn long at that time.
Regards
Dr.Sivaraman
dear Kevin
European session move could have explained you.
Regards
Dr.Sivaraman
Dear Mohi
I will agree if fundamental of economy changes from second to second as the market moves.
Regards
Dr.Sivaraman
Dear Sam
every move in the market is trap - the players drop and buy, and rise and sell,now they are doing the later part.
Regards
Dr.Sivaraman
Dear Kevin
yes the players are also thinking like that but the traders like you and me are not buying hence they are holding.
Regards
Dr.sivaraman
dear Joseph
the gap between the high and low set in a day is the market spread.
Regards
Dr.Sivaraman
Dear jefe
The market is made up of leverage trades.so when traders increase their positions the players also increase and trap them.when the market becomes dull the players wait for the traders to take positions.it is a continuous never ending process.
Regards
Dr.Sivaraman
dear Emil
when EURO and GBP make the drop usd/yen is expected to gain significantly and hold and then euro and gbp also rise and catch up.
Regards
Dr.Sivaraman
Dear Dr.
I asked if you have written any book on fx as I will love to get my hands on one but you didn’t reply. pls reply.
Thanks
HMT
Hi Dr
As they rise further are you still expecting a big drop?
hi dr
they have hit the psychological level of 1.7040 , do u expect them to hit the next psychological level of 7250??
regards…
Dear Doc,
I am missing some point here… if players wonna drop then they should trap the buyers instead of inducing short sellers to do short covering as you are saying… where am i getting wrong.. please elobrate a little