Operators' intentions read by 
This week from the start, USD weakening was seen in the name of risk appetite.EURO and GBP were holding high for initial 3 days.Later Thursday as expected the signs of drop happened in them.Friday they were initially showing subdued moves and after NFP data release ( USD +ve data) initial rise was seen as risk appetite move and when traders committed buy positions that there could be rise in EURO and GBP,the players rised USD/YEN first as an unexpected move for the traders and later rised denominator currencies,finally dropped EURO and GBP showing the market sentiment as ‘USD strengthening move’ with the attributes that the economy could recover very fast .So, for the same data a risk appetite move was shown initially and later not risk aversion but USD gaining moves were shown.
But the players gave different interpretations and hit the stops on either side making quick rise to hit the stops of short sellers and later a quick drop to hit the stops of the long holders and earned their week end money.
What could be the next market sentiment - I will explain that during Asian session: Live market Analysis- webinar on Monday 10th August between 05:00-05:30 GMT and later post in the blog .
You can follow the given below link to register for the webinar:
http://www.fxstreet.com/live/sessions/session.aspx?id=bb27d330-f400-4c7a-9e9f-da5d21172722
Regards
Dr.Sivaraman
Respected Dr,
Yesterday’s move before data was contrary to the forecast but was in accordance with the rule i.e Rise/fall before the data is false and opposite is intended after the data.Rule was followed in letter and spirit.
My question is:
Was the rule abiding in this situation is coincidental or rules have preference over the forecast?
This will help us folks in understanding your strategy better.
Hi Dr
THE DROP DAY- unfortunitly i caught by the PLAYERS but my position is still open, before the NPF data release i was on short at 1.6756 and expecting a drop of 100 pips as you post and set my hedging order at 1.6820 insted of 30 pips to limit the risk cause i was expecting a drop but suddenly they made a upward stop hunt to hit the stops and my hedge order hit, now i am on short at 1.6756 and on long at 1.6820 and my equity is blocked with a loss the gap between the two.now please suggest me what should i do here.close my short with profit near the low or wait for MONDAY. cause i am afraiding to close near low.GBP has touched the 1.6650 area and about 400 pips correction has happened..I am expecting a one more fall of 100 pips on MONDAY then they are expecting to rise for the whole week.suggest me here where i should close my short and book profit when there wil be rise, thx and it was realy nice weekend under your precious guidence.GOOD DAY
Regards
Arun Kandyal
Dear Doctor, would you please forecast for Monday for GBP and EUR.
Last week GBP moved from 1.63 to 1.70 and EUR moved from 1.40 to 1.44 and are now 1.67 and 1.42 levels, drop helf of the gain. CAD, AUD, NZD moved very litlle.
Will EUR and GDP rise to 1.43 and 1.68 levels before they make another drop to 1.41 and 1.63 later in the week, and clime up to 1.5 and 1.8 at the begining of September?
Thank you doctor
respected Dr
whatz the reason behind that?
In NFP data gpd ,euro , chf ,jpy………. give big correction.
but CAD, didn’t give big correction.. WHY?
plz told what the reasond behind this…
and do u think they give correction upward side or when????
thankz.
and waiting ur response…
Dear Doc,
I closed the USDJPY longs in the Friday’s big rally which I had been holding for weeks. I really had to have patience but it worths. Thank you for the great calls!
Do you think we can see some correction to the levels of 96-96.50 where buy positions can be initiated again for touching the 99-100 area in the coming weeks?
regards,
smith