FX Market Readings
  • Home
  • Join our trading community
  • Back to FXstreet.com

FX Market Readings

Operators' intentions read by Dr. S. Sivaraman, of i-knowindices.com

Subscribe

Subscribe Subscribe Subscribe using Netvibes
Or subscribe via email:

Webinar Recording Series: My Trading System

I - II - III - IV - V - VI - VII - VIII - IX - X

Categories

  • Market comment
  • Market forecast
  • Operators' intentions
  • Uncategorized

Archives

Recent Comments

  • JanPoko on Market reading blog is being shifted
  • Dr. S. Sivaraman on Quick moves in the market
  • Dr. S. Sivaraman on Before and after FOMC
  • jefe on Before and after FOMC
  • vinesh on many market triggers for a day

Tags

AUD big moves BOE contrarian moves Crosses ECB EURO EURO/CHF EURO/GBP EURO/GBP drop EURO and GBP volatile moves FOMC GBP GBP slide Gold handling crosses Market reversal month beginning Month end My trading system My trading system webinars NFP Rise session timings trend reversal USD/CAD USD/CHF USD/YEN US session video link volatile moves webinar webinar -My trading system webinar link webinar recording webinar recordings webinars webinar video link week beginning week beginning false move week beginning moves weekend week end Week end moves YEN

FXstreet.com Weblogs

  • CEO's Weblog
  • Wayne McDonell
  • Dr. S. Sivaraman
  • Valeria Bednarik
  • James Chen
  • Ross Yamashita
  • Raghee Horner
  • Ron Schelling
  • César B. Leiceaga
  • Ian Coleman
  • Greg Michalowski
  • Mike Baghdady
  • Dale J. Pinkert
  • Trader of the Year

Links

Either way stop hunt is expected

Posted on September 25, 2009 at 9:35 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman

EURO is making narrow range swings during early European session.the players are holding middle level and are expected to make a brief upward stop hunt above high and then drop towards close of European session.Then a quick drop for US session start and firming up from mid US session till close to induce short covering from lower level short sellers.GBP is expected to make a quick rise above high and then drop to low as volatile move for week end.denominator currencies are expected to make nominal moves .

the levels depending upon the intensity of fear and the volume of short covering and long liquidation.So we need to find the low when they form a low and not breach the low for more than 30 min in a session or a high and then not breached the high for more than 30 min in a session.The levels -high or low can be determined when they stop cutting the new high or low during mid sessions of the 3 sessions of the day

based on the moves if needed I will give further updates.

Regards

Dr.Sivaraman

20 Responses to “Either way stop hunt is expected”

  1. on 25 Sep 2009 at 9:48 am1Santosh

    “drop towards close of European session.Then a quick drop for US session start and firming up from mid US session ” - Sorry I am confused. The US Session with start at middle of European session right ? and mid US session is nealy close of European session

  2. on 25 Sep 2009 at 10:05 am2vinesh

    Doc do u expect UJ to cut previous lows and Ucad will it rise?

  3. on 25 Sep 2009 at 10:14 am3carlab

    Doc, so …”Today towards close of Japanese session EURO and GBP are expected to firm up and later drop quickly during early European session.From mid European session they are expected to firm up to drop again during early US session as massive drop and then make some recovery move towards close of US session for week end”… that you mentioned this morning in your prior comment dosnt aply any longer? Dont you see this “masssive drop” you mention, anymore? Tks very much. Wait for an answer to clarify.

  4. on 25 Sep 2009 at 10:23 am4Jimbo

    Hi Doc do you see EUR/USD cutting the lows that have been set today ?

    Many Thanks.

  5. on 25 Sep 2009 at 10:27 am5Gregor

    Dear dr.,
    a word or two about U/J, please…

    Thank you.

  6. on 25 Sep 2009 at 10:32 am6Mevlüt

    Dear Dr.
    When looking at the daily chart it seems that they are forming “shoulder-head-shoulder” which means the levels 1.44 or lower could be reached 3-4 days later and we may again see near 1.48. Does it make sense to you?

    Regards.

  7. on 25 Sep 2009 at 10:42 am7maxi

    Dear Dr, do you think possibility of not cutting low in G-U today?

  8. on 25 Sep 2009 at 10:46 am8Nazali

    Hi Dr

    Are you expecting a sell-off in eur for the first half of next week, they have been slowly dropping the last 2 days. Many thanks.

  9. on 25 Sep 2009 at 10:48 am9jefe

    Dr,

    Prior to Asian session- they dropped GBP- dropping GY/GU and Raising EG. EU and UJ moved upwards approx 40 pips and NO other pairs moved during this drop– I viewed this as a downward stop hunt- and it goes along with your previous forecast that GU will not give up as much as EU. This also gave a nice upward hunt on EG.
    They then made contrarian moves of dropping UJ (continuing the GY stop hunt Downward) and EU.

    I viewed this as a the beginnings of your previous forecast that GU will not fall as much as EU and make a ccontrarian move (GU rise- EU not as much- and fall) and bring EG down (EG hasn’t cut the high for ~12hrs. And was looking for rise in GU today and/or possibly Monday (which I believe you called stop hunt upwards today???)

  10. on 25 Sep 2009 at 10:49 am10Junaid Pervaiz

    Dr,

    Thank you for ur predictions in the following days they were worth alot. Please give your predictions regarding GBP as the players has already dropped alot. When do u predict that the pound may or may not enter the levels above. From which month do u see GBP to rise again.

    Your predictions will be appreciated alot.

    Regards
    Junaid Pervaiz

  11. on 25 Sep 2009 at 10:55 am11pipso

    Santosh

    close of eu seesion is till 1300 gmt
    1300-1330 gmt is gap time
    from 1330 gmt to 2030 gmt is us session

    You can check this blog, older posts for more timetable

  12. on 25 Sep 2009 at 10:57 am12ejthekkan

    Dear Dr.
    what low lvl may be teted for gbp before recovring to 1.65 and above?

  13. on 25 Sep 2009 at 11:29 am13Santosh

    Thanks Pipso, I am new in this forum. My understanding of sessions are more from FX market hours and they are quite different

  14. on 25 Sep 2009 at 12:09 pm14Dr. S. Sivaraman

    Dear Gregor
    Now downward stop hunt process is seen in USD/YEN along with GBP drop mainly to drop yen crosses even though it is a contrarian move.They will recover USD/YEN first and then rise gbp after this month end move.
    Regards
    Dr.Sivaraman

  15. on 25 Sep 2009 at 12:11 pm15Dr. S. Sivaraman

    Dear Nazali
    next week we will see month end and new month beginning volatile moves.Big up andf big down moves could be seen and more contrarian moves to reverse all the crosses from the extreme levels.Then USD weakening moves will commence from second week of october..
    Regards
    Dr.Sivaraman

  16. on 25 Sep 2009 at 12:22 pm16Dr. S. Sivaraman

    dear Junaid Pervaiz
    GBP they may consolidate around current levels with downward stop hunhts - next week we could see some new lows in gbp to drop euro as well and then the rise is expected during oct.wait for the market to stabilize to enter long in gbp.- incase you want to do swing trades then once you buy near low and the position makes profit -keep stop at entry to avoid risk and earm some swing trade profits.they wan traders to do lower level sell and buy trades in GBP with bearish feel to rise and trap them next month.
    Regards
    Dr.sivaraman

  17. on 25 Sep 2009 at 1:25 pm17vinesh

    Doc what would be the expected level of EU low in the 1st two weekes of Oct?

  18. on 25 Sep 2009 at 1:33 pm18mice

    Hi dr

    no they didnt make a down stop hunt , is there a possile down stop hunt below low ? or what will happend now upstophunt again?

  19. on 25 Sep 2009 at 1:33 pm19mice

    sorry i mean now not no

  20. on 25 Sep 2009 at 2:36 pm20Raj patel

    Doctor,
    I have been looking very hard at the forex quote page from 09.00 till 11.30 gmt to workout how one is able to pin point the drop from 1.6043 (eu session) high to low 1.5919 in cable as per your forcast(are expected to make a brief upward stop hunt above high and then drop towards close of European session.)Can you please give me a clue as what maths or stats is use here until and unless you have natural gift to see beyound the sixth sense.
    I am at loss
    comments appreciated
    thanks
    Raj

Theme by Forex Street Powered by Wordpress

The comments and posts published in this blog ARE NOT trading recommendations. They can NEVER be considered as trading calls or advices. If you decide to use the information offered here for your real trading it is at your own risk.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

© 2010 "FXstreet.com. The Forex Market" All Rights Reserved.