Operators' intentions read by 
UPdate on US session market moves:
I have given earlier today the expected market moves before FOMC.They made the holding with brief firming up moves during early US session and started the slide in AUD, and rise in USD/YEN and USD/CAD.Followed by that slide in EURO and GBP.They have now stopped cutting low in EURO- avoid technical trade of sell after drop.
They are expected to make a very quick rise similar to one they have done in GBP during European session and hit all the stops on the upside and then slide towards close of US session.So the volatile rise and drop are expected after FOMC rate decision announcement by 18:15 GMT.Such quick rises are sell position taking times - or buy and sell swing trades with hedging order can be done.
Regards
Dr.Sivaraman
Dear Dr.,
Do you expect Eur/Gbp will only drop during the upcoming volatile move?
Thanks.
Tks very much Dc. Moves have developped as you have anticipated. But what I think worries us the most isthe persistent USD weakeness. When do you exspect the EU to drop for good and what size? Do you think USD will move up faster agst denominator ccies.or EU will be the leader of the move? Tks very much
DR
Is the rise also in GBP Not clear from forecast.
Dear Dr. Sivaraman and all
I expect that the EUR/USD will rise more than 1.4900 and drop. Because the player will show us 1.50 level is easy to reach so small trader like us will buy in hope that we will sell near or above 1.5000 level. The same idea they are going to use in Share market in DJI they will push the market to the level above 9,900 but will not touch 10,000.
What do you all think about this ,,,,, and i expect the drop will happen before the end of this month.
Regards
saeed
Dear hugme:
Euro/gbp is expected to make nominal swings with in high and low and then slide after FOMC.
Regards
Dr.Sivaraman
After this call I assume that the EUR will go near to the today’s high, just for fun. At that level a lot of stops can be placed. What do you think Doc?
regards,
smith
Dear carlab
Already they have done the downward stop hunt and firmed up euro some.So it may go near high or make a brief upward stop hunt above high and then slide.Avoid imagining very big moves - it will be late US session the volume will be thin.
Regards
Dr.Sivaraman
dear Jaf
GBP could rise to high or a brief upward stop hunt above high and then drop.
Regards
Dr.Sivaraman
saeed
same i am expecting 1.4900/20 and then drop.they will not touch 1.5000 area and the purpose behind it the confusion and uncertaines among the traders.but these are all guesstimates nobody knows exactly what will happen ahead lets see.
Thanks Dr
Hi Dr
So it is wise to take sell position around 1.4860-70 and then drop towards close and early japanese session thx.
Regards
Arun Kandyal
There also may be HUGE sell orders at 1.50 level to trigger at this time- Players been building shorts(per Doc) and this would not benefit them if their intent is to lower the EU and buyer at the lower prices to close their own positions.
Saeed I have to agree with you on that one.
Thanks again
Again your models are so great…But are these highr EU levels good for sale in 14/2 weeks horizon time to look for 300 pips in the way down? Do you expect USD to apreciate in this period? What should be a real target? tks very much
Doc - very precise market readings today… pip by pip rise in the morning and the upward stop hunt post FOMC. You really have studied the players’ movements in detail,… am really curious how you predicted the slow rise upwards earlier today. I guess one now has to patiently wait for the slide -hopefully they do follow same pattern which you seemed to have judged by your algorithm.
My curiosity- why did they go up again today on the stop hunt- would they have not liquidated by surprise those traders who had were short at the 1.45 levels when they touched these same levels yesterday? and also would not this repeat upward stop hunt have given chance for those who had taken buy positions to take profit or atleast cut their long positions with nominal loss if at all?
@Ange
To try and answer your question why the players drove the market up again. To hit the stops of short sellers is only one half of the story. The other half is that players must attract enough buyers at higher levels to sell into their buying. They cannot possibly just take sell positions without causing the price to drop. So, they attract traders buy fooling around with the price action at the high levels. Today is exactly what they were doing. On the positive note, this means that the drop is coming and presumably a big one, just as Doc predicts. Hope this helps.
thanks George… clearer now. Does it also mean that next they will be doing slow lower level consolidation on the way down? I ask while I remember the good Doc saying that falls are usually quicker than the rises and also the last week of the month (volatility week) is quickly arriving.
It appears the change has come…all indices are red. Stock market falling, EUR falling…
@Ange
) and see how the players intentions are getting revealed. We’ll also see how many traders will be jumping on the sell-wagon, thus accelerating the drop. We don’t know much about the players’ plans at the moment. The lower level consolidation (also called accumulation when the players are closing their sell positions and buying at lower levels into the traders’ selling) will present itself at some stage later on.
As Doc use to say, let’s watch the drop calmly (presuming we’ve taken our sell-positions
Jefe
Could I request you to send me a copy of the word document that you have prepared at venkateshkc at gmail dot com. Thanks.
Jefe
Could I request you to send me a copy of the word document that you have prepared at venkateshkc at gmail dot com? Thanks.
Dear jefe
Could you please send me a copy of the word document that you have prepared for trading purpose.
please send me hashar6@yahoo.ca
thanks in advance
hashar
Dear jefe
Could you please send me a copy of the word document that you have prepared for trading purpose.
please send me graphm@msn.com