Operators' intentions read by 
When I see so many questions in the blog asking whether euro can come down,gbop can come down,why usd/chf and usd/yen are not rising/ why USD/CAD is making such range bound moves etc- who is holding the market at extreme levels? why so? what they gain out of that?if the traders avoid closing the positions with loss what can happen?there are so many unanswered questions.market is known to give surprise to traders,then the traders make distress traders.but when traders learn to trade with less positions avoiding over trading ,we could see situations of this kind.So market may give surprise to players too!
They are expected to let loose the market from today for the time being.
\Regards
Dr.Sivaraman
Keep up the good work Dr.
Dc: Very good point.
If most of readers, as I presume, are long dollars, including myself, it’s because we try to make money just looking at overall expectations, but not following rules. It’s obvious mkt is gone agst Doctor expectations, but if we had put s/l, as recomended, we should not have suffered that much. Anyway EU is gone up 12 consecutive days, and is due for a correction, but dont forget Keynes:”MARKETS CAN REMAIN IRRATIONAL MORE THAN YOU CAN REMAIN SOLVENT”
Dear carlab
I recommend to use trading strategy what ever be the forecast followed by the traders.Instead of stop loss the hedging can be used and that can give either way trading opportunities in this kind of market.I will explain more about it during tomorrow twin webinars- Tracking the forex market together -part I and part II.
Regards
dr.Sivaraman
Dear Doc, do u see EUR/GBP testing 0.88 level this week?
Regards,
Ahmed Hanif
Dr. majority of the brokers in US don’t allow hedging. How are we suppose to hedge? Once we are in a position on the opposite side of the trade we have no choice but to put SL’s
Dear Ahmed Hanif
yes
Regards
Dr.Sivaraman
Dear vinesh
i will explasin tomorrow during the webinar -Tracking the forex market together - you can get there how to use hedging with crosses and how to handle if hedged..
Regards
Dr.Sivaraman
Dr: Thansk veru much. I will try to understand better how to buy and sell and the same time, and manage the hedged positions, which my broker do not allow for same acct. I read your free web page but have not fully understood.
Any page you recomend where hedging positions are explained with full details? And, will you explain tom. with an example? tks very much
Carlab,
Hedging strategies: It is a two-way participation in market as the market can either move up or down.
1.You can take two pairs like Euro and GBP or Euro and CHF for hedging. Take euro long and GBP short at a given time. Put stop with 25 pips. Once the direction of the market is known then the unfavorable will trigger stop and favorable allow profit booking of 50-60 pips. Similarly Euro long CHF long and do the same.
2.You can take the hedging in another platform in the same currency. Take EURO long in one and the stop level short in another platform. Your loss is one is compensated in another. Either you can cut the long 10 pip below the short level or wait for the market to recover. the market will move in one direction maximum of 100 pips in a given time and then it retraces 50% immediately. So if the market moves down then the stop in another platform is triggered and book profit with 60 pips profit. and then take a long there and once 50% recovery comes book profit around the initial buy level and cut the original long with minimal loss or profit. This you have to do within a session.(8 Hrs)
3.Hedging with double - you can take long in one pair and double short in the same in another platform at stop level. This will make you to book profit in 2 hrs time with in session. Once the direction become clear after taking the position you can cut the unfavorable and allow the other to run and once you cover the double short - one out of that will compensate the loss in stop trigger in the unfavorable and the other will be the profit.
4. We have introduced a hedging trading platform in association with GCI Financial, wherein you can take long and short in the same currency pair and hedge without extra margin (i.e., for the same $ 500 margin) and book profit separately.
Ways to view Stops:
1.To avoid unexpected loss - put stop above 30-50 pips, the loss is limited and don’t do further trades if the stop is triggered.
2.Using stop in trading strategy -when you feel the market will rise from a correction level you buy and put stop with 10 pip below the days low. This can be even double stop (double the quantity of long). This helps to restrict the loss once the trading zone is shifted. Double stop will make you short with one lot and once you cover the short with equal or more of the initial loss levels then you come out with no loss or with profit.
3.Stop can be a hedging - when you have a long in one currency like euro, then the corresponding currency either in GBP you can take short at the same time or long in CHF at the same time. So if the market is unfavorable in one pair then it is favorable in another pair - once 35 pips loss is seen in one, cut that position and allow the other profit to run to make more than 35 pips profits in a given day. This strategy you can adopt at any given time - preferably at the beginning of a session.
Obviously hedging isn’t that easy- if you can close your hedge trade and orignal trade in the same session that’s the ideal situation– just don’t close the hedge without an exit plan on the original trade. Also I have found instrad of doubling up the hedge– I either take the same amount OR 1/2– I can adjust later as necessary say orignal postion is down 80 pips and I hedged 1/2 at 40 (on gu) I might take another 1/2 at 80 or re-evaluate positon… I have hedged for weeks - almost 1 mo last time.
Intraday trading is very different then position trading as in position trading you are looking for mkt tops and bottoms and intraday is more just scalping for 20-30 pips at a time…
Be hedged and be happy
Jefe, tks indeed for clear explanation
again a delaying?
So, doc when do you think this momentum going to stall with EU it is relentless
There is a change in the wind….
Mark
In my opinion, after 10 consecutive higher highs in stocks, they will close lower. That move will drive eur down as well.Tom sept futures contracts expire, and after it is when big move will start. I think will see 1.4450 next week as a contrarian mkt move. Anyone share views?
Dear All,
I found Dr. comments very helpful and given us good insight to market move.
Player only have one intension “took our money”.
What will they do for the situation like now? (player got surprised)
How to minimize their lost would be the only issue they focusing in.
If we are player what will we do to lower our lost or gain it back from where?
This would be more interesting to discuss rather asking when price will come down or using time to read article to scare youself more.
smith
it seems that no drop for today if happens , that wil be again near the low and swing.what’s your opinion.
supoorts are still holding and it seems that the traders are in short positions or not want to do the short covering. So only the higher level swings remain… perhaps next week we will see a drop
smith
you know what if drop does not happen today ,then tomorrow may be again holding high in japanese session and upward stop hunt of 25-30 pips above initial high and then dip of 30-40 pips, if they realy intend to drop next week then they wil drop tomorrow around 1.4650 and could be below.so that new short sellers afraid to committ position on monday and they will continue the drop with little firm ups.they wil not give much chances to committ sell positions on top level.
Hi jefe,
thanks for your clear explaination of the hedging strategies
Dear All
it may appear the moves could be similar to last 2 days us sessions.But today the drop is expected from now as they have not cut the high in euro and only the initial low and also in other pairs excepting denominator currencies they made the quick drop and now slowly reversing.
Regards
Dr.Sivaraman
how big of a drop doc,any sugestions? ty
Dear mz
They have started the drop.they could slide tomorrow and drop from monday for another 1-3 days and then they are expected to make lower level consolidation with downwrd stop hunt for a day or 2 .Then the monthly trend reversal they need to do.as EURO and GBP are expected to rise more than what is seen in this month- they could do the lower level consolidation till this month end and then make the big rises for next month.In this process they could drop 300-600 pips in euro and gbp .
Regards
Dr.Sivaraman
I expect the same price actions, but until now everything is the same as in the past 3-4 days. One thing has changed: EURGBP make a new high again and can not make any significant correction. So we are very far away from 0.88 level.
Dear Dr.,do you still expect the EUR/GBP will drop?
Doc, can not be possible that there will not be any correction in the coming days and the EURUSD is continuing gain levels on the upside starting the predicted big rises now? There is no little signs of USD gaining move, only the GBP shows some weakness.
dear doc ,
please can you explain the live market anaylsis trading strategy. i have heard your sessions so many times but i do not understand
when we place the trades, can we do it only at the beginning of the sessions or at mid sessions
when the analysis is given what session is it for session is it referring to asian or european etc. do these change, so if i made a trade than what would happen if the hgh and low were to change therefore my entry and exit point would also be moving.
many thanks
lulu
can you pleae detail it point by point so that i can follow along with u