Operators' intentions read by 
EURO and GBP after higher level swings made nominal slide towards close of US session.Now during early Japanese session they are holding high for traders to continue to watch with fear but without upward stop hunts.
EURO and GBP are expected to firm up during late japanese session and slowly slide from start till mid European session.
Before NFP data release time 13:30 GMT -EURO and GBP are expected to make downward stop hunt below initial low set for the day.After data release 30 min volatile move and then slide during early US session are expected.From mid US session quick drop with swings are expected in them for week end.
market may appear bullish or bearish from time to time - keep an objective view that what appears in the market is not true- hence we continue to get surprises when the market makes unexpected moves.
Regards
Dr.Sivaraman
Dear teacher, Dr. Sivaraman
I am a full time trader for over 5 years and thank G-d successful at it, a specially after I started to listen to your webinars and reading you answers to other traders. Through out this year I owe you lots of thanks among other nice people such as you. Your teachings have helped me to find and define my trading and take it to a totally other level, that’s why I identify my self in your webinars as NextLevelFX. Thank you again.
It is very hard for new traders to understand and follow your teachings the right way, I was not new to trading and took me some time to adopt and modify and to better my self at what we do. So I understand the frustration that takes over for not being able to make the right decision at the right time and then comes the blame.
Please carry on with your great humbling teachings. If I was you I would feel great if I could help even just one trader to succeed and not become a victim, unfortunately you can’t help us all in a blink of an eye.
Your student,
NextLevelFX
Doc
I see that over the past half hour, GBP/USD has been slowly cutting the high by just one pip at a time… how do you read the intention of a move like this.. are they just holding near the high to drop OR is it to make a quick upward stophunt before the drop, OR will they keep cutting the high to rise slowly?
Dear Ange
The slow rise only in GBP is to make a brief upward stop hunt and also to dip euro/gbp before the reversal moves in gbp and also euro/gbp.they are only small swings in thin volume condition.
Regards
dr.Sivaraman
Hi Doctor, in euro I have sell position already with stop loss at 1.5. do you think this is adequate to survive during and after the NFP news today?
regards
Roshan
Doc
Do you expect GU to go above 1.6650 as an upward stop hunt??
To what level we can expect GU to drop when it finally happens? Is 1.6200 possible?
During the volatile movements after the announcement do you expect that eurusd will go to 150?
Dear Roshan & grow
Euro is with flat net change now and can maximum do around 150 pips up or down- so if the stop is above then it will be safe stop .keep in mind it is week end time the volatility could be higher than normal days.
The forecast how ever expect less rise and more drop move from current level (1.4870).
Regards
Dr.Sivaraman
Dear Amey
GBP is normally used to create market sentiment.they may make an attempt to set new high and then drop .however the forecast expects a drop before NFP - so a compensatory rise for the dropped level to reach up to high and then drop could happen.
Regards
Dr.Sivaraman
Dear Luke
As part of unassuming moves GBP could drop to your expected level by next week.
Regards
Dr.sivaraman
Dear Dr. Sivaraman,
gold looks like is consolidating before trying to make new highs.
Unfortunately I was caught on the sell side just before Tuesday upbreak.I also think there is a lot of downside, but I am afraid that momentum will force me to cut my position that will be stopped just above 1100.
Do you have any suggestions about the rise in gold price?
I guess that if EUR and GBP will drop with NFP data release, gold could retrace, but if NFP will be positive,may be we will see new highs in gold?
Appreciate your view!
Thank you
GBP has not cut the high set yesterday during Late european session..so according to Dr’s. teachings if the high is not cut for more than 2 sessions then we can take a sell near the high..good to go short in GBP now i guess
Dear Doc
A suggestion - it would help me learn if your replies (and posts) are similar to that given above to Roshan & grow. I can understand the basis on which the reply is made, instead of your usual “expected”. Today your replies are very precise, without ambiguity and does not leave any scope for “interpretation” your replies. Hope to read (and learn) more in similar style.
Regards
su25
Dear Doc,
Where do u expect GBP/USD & Gold to close tonight ?
Best Regards.
Dear Francesco
the holding pattern in EURO,GBP and also Gold indicate to me that the players find sufficient longs built up in the market than the shorts.they are expected to use next trigger to slide them.For positive GBP data they did not rise.
Today they may bring in USD positive data usd gaining move rather tahn risk appetite.Gold may try to hit some stops near $1100 area and then slide.
Regards
Dr.Sivaraman
Dear Doc: If as you say mkt avoids risk aversion for the w/e, stocks, gold, EU,GU drop what efect do you see in EG? Will it drop further? Or will EG cut ydy highs considering cable is gone up lately more than EU? Tks
very much for you comments
thank you doc for the continued excellent readings.
To all readers, i use docs guidance to see if it agrees with my own trade plan, and get welcome support when it does. However, if one was to follow blindly one is not learning anything. Also stating levels may be useful sometimes but usually levels are just intermediate. So to keep asking for levels and direction is just a waste of time.
Beginners, my self-included, tend to see to some report or news and then try to force the idea on our trading. Even though when I first read docs’s blog I found it a bit hard to understand, I now find it invaluable, and accurate for both intraday swings and long term trends.
Thank you Dr.Sivaraman,
I have the same idea, hope there will not be the expected stop triggering.
Doc
Once the stops are cleared is this the last chance for a monthly trend reversal.
Thanks
Dear Doc,
Really appreciate your advice as follows:-
” Opened position of “Sell” at 1.3995 since July’09, at this moment still holding with unrealized loss, money mgt can only last till 1.6000″
Question:- Should continue to hold (top up money if necessary) and wait till it drop till 1.4000 or should closed the position, if closed the position what is the lower as to minimize loss?
Regards,
JL0
The downward stophunt is now happening, very nice call, Doc!
Maxi;
Nice post.
DR,
As Gold has moved to 1100 so do u see it to 1000 by the end of this month or by the end of this year.
Regards
Fawad
Dear Fawad
yes all will go in for downward cycle for 1-3 weeks.
Regards
Dr.Sivaraman
Doc, do you think EU will go to 1.44 in the coming weeks?
Doctor — I am confused: you mentioned in one of your previous blogs that GBP/USD could go to 1.7000 by November 11.
Yet you now say in your reply to Luke that it would go to 1.62.
So — which one, do you reckon, it will be?
Thanks!
Doc said downward move for eur and usd till 11 nov .If the slide takes place slowly than it may extend beyond that period if it’s sharply the it will not extend. After that we can see rise in eur and gbp i think to new year highs.
Entered long usd/jpy 89.60…i expected to the first part of the day but let’s see what next week brings us for this pair.
Dear Doc,
Where do u expect GBP/USD to close tonight?
Best Regards