Operators' intentions read by 
During gap time before start of European session EURO and GBP made the downward stop hunt as fase move to rise during first 30 min of Early European session to fall again.Then when Euro was falling GBP was consolidation near low and rising without cutting the new low indicating the intra-day reversal in swings of EURO and GBP - rise in GBP and slide in EURO - to slide EURO/GBP. Earlier USD/YEN was falling along with GBP to drop GBP/YEN and now USD/YEN is dropping along with EURO to drop EURO/YEN.
The players are alternatively handling the crosses and majors to lighten their positions ahead of week end.
I will explain more about the techniques to track the market and to take trading decisions based on market conditions from time to time during Twin webinars I will be presenting tomorrow (13th Nov).
Tracking the forex market together - part I -09:00-09:45 GMT
Link to register
http://www.fxstreet.com/live/sessions/session.aspx?id=561cdfdd-907a-4470-8b0b-1109de9f3e31
Tracking the forex market together -part II - 15:00-15:45 GMT
Link to register
http://www.fxstreet.com/live/sessions/session.aspx?id=002f5cf5-1fc0-406d-b810-624476202050
Regards
Dr.Sivaraman
Dear Dr. Sivaraman hi, thank you for the update,i wish you all the best and i would like to see yr views every day at every time in this good forex blog (Dr.Sivaraman Blog)
Regards
Dear Doctor, is further drop expected in eurusd during us session? is it to monday low level (1.4850)? thank you
respected dr,
drop in eur/usd will prolong to 1.4850 or soon wil vanish
plz comment
Doc, do you still expect USDJPY to drop 89 area according to the 89.10-90.20 range bound? So if I have longs I should hedge them?
regards,
smith
Dear pipso & Adnan Butt
After some gainduring early US session there may be some slide during US session in EURO holding GBP.
Regards
Dr.Sivaraman
Dear smith
it appears that they want to rise usd/yen first and later drop euro and then GBP till week end with swings
Regards
Dr.Sivaraman
Doc do you expect for EU to go to 1.44 levels? Dec has been historically low for USD
Dear Dr. Sivaraman i asked you before about the following but no reply so would you adv. if you can?
1-if the IMF knows that the price of gold will go higher then why they sold so far 200MT @ ave. price of 1045$
2- when the CB of india bought the above 200MT @ ave. price of 1045$ is that means that they are sure that the price will not come below this price ?
3-for the bal. 200MT doest mean it should be sold also around the 1045$ ?
pls adv. if you can
Regards
Dear Dr, Explanations about strategy given by you in past few days, both in webinars and blog, show that your strategy is based on sound statistical rules.
Of course you are not expected to tell every thing free which is unfair to your paid members yet would it not be better to impart bare minimum knowledge(in concrete & solid terms) necessary to implement and understand your strategy by small traders like me?
This would be helpful to small traders in real terms and that’s your objective too.
Thanks
JJ, Doctor reads the market. He may or may not be a specialist on fundamentals of everything that may or may not affect the market. IMF selling the gold at that price can mean a lot of things; one of the reason could be - if such a quantity of was to be sold at the market it might drive the market down heavily - simple demand and supply - so they perhaps secured a deal with India at a small discount. The reasoning behind price may or may not be a public info. It is simply a technical dealings perhaps nothing to do with current market movement
Dear Dr.
What is the highest and lowest do you think EUR/USD will reached for the remaining months for 2009.
JLO
IMF desperatly needs cash to finance new facility for developing coutnries. Donors have apporved this sale. IMF is to sell all its gold holdings over shrot time period.
IMF is a public agency and has no interest anymore in accumulating godl reserves.
pipso thank you for the reply ,but the market took that event as triger to push the price and know the 1045 become some sort of suport.
Regrads
Dr.Sivaraman,
would you please say what do you think of gold after today’s move?
Do you see chances for the pullback to continue tomorrow and next week?
Thank you!
Dear dr.,
how far do you think AUD can go against EUR (or USD) this year? Isn’t it already quite extreme?
Regards,
G.
Dear vinesh
We have to estimate the probable low based on the drop they could do in this week.
Regards
Dr.Sivaraman
Dear j.j
Bulk deals are different from leverage trades.Normally 50% of the story will be high-lighted in the market and the later part of the story may become unnoticed.So the news is used as trigger for the rise- that is all.
I have no comment for the deal.
Regards
Dr.Sivaraman
The following shows what I did base on the ‘expectations’ from Dr and other inputs, I believe in it and ‘Just do it”. I am not a professional trader but applying useful inputs and averageing without stop-loss. This has given me more than US$3K profits so far for today. Happy trading and wish all of you make more money from the market.
11/12/2009 8:25:35 AM 7950666 Sell EUR/JPY -100,000.00 134.443
11/12/2009 8:29:50 AM 7950941 Sell EUR/JPY -100,000.00 134.522
11/12/2009 8:43:51 AM 7952179 Sell EUR/JPY -100,000.00 134.675
11/12/2009 9:06:22 AM 7953071 Sell EUR/JPY -100,000.00 134.748
11/12/2009 9:07:47 AM 7953202 Sell EUR/JPY -100,000.00 134.849
11/12/2009 9:11:02 AM 7953534 Sell EUR/JPY -100,000.00 134.985
11/12/2009 10:14:26 AM 7958727 Buy EUR/JPY 600,000.00 134.558
11/12/2009 10:14:26 AM Total: 967.07
Doc
After dropping for three sessions will the eurusd and gbpusd rise during Japanese and European session tomorrow or will the fall continue
Dear Arthur
I am sorry - it is propritary algorithm.
Regards
Dr.Sivaraman
Dear JLo
I want to focus more on intra-day for the time being for the traders to earn doing swing trades.
Regards
Dr.Sivaraman
Dear Francesco
gold is expected to slide following currencies.
Regards
Dr.sivaraman
Jade i answered you in the earlier post. Is there any possibility to talk more about your strategy, because it’s close to mine and i was wondering how do you determine the entry points. I mean there is possibility to enter a trade like you did with eur/jpy and at 134.985 it can keep rising 100 pips more let’s say or higher threatening your equity. Did you experience this situation? how do you protect yourself from it
Dear Gregor
extrem levels for us,if it becomes extreme level for the short sellers and avoid shorting,then the high will be set.
But the players will be privileged to sell at in that level.
Regards
Dr.Sivaraman
Dear Dr.Sivaraman thank you for the reply
Regards
Thank you.
Dear TheJade1
Adding successive positions could become detrimental if the market quickly move against.Over trading is the main reason for margin calls.
Regards
Dr.Sivaraman
Dear Doctor, spot on today in forecasting today especially when the players would drop the market below the settled low. As you know I have 1.44 eurusd, do you think they will drop by another 200 pips so by sometimes tomr?
Also are they buying in dropping, for rises to come next week? From the knowledge I have gatherered in your blog and from market’s late movements - they might delay rising till last few days of the month?? Thanks again
Dear grow & pipso
prolonged consolidation when leads to breakout the pull back may not be very significant as they intend to trap the buyers now.
Regards
Dr.Sivaraman
Dear Dr,
Thanks for your reply.
I mean if you could tell something more in concrete terms to refine entry..it will help traders more to implement your strategy.I am not asking about algorithem.
Thanks
Dr, so to trap the buyers they have to further drop. Looking at a pullback from 1.5040 to under 1.49 traders could jump to enter long and players to drop more. IF not they can make range bound for a while to see if buyers jump in. The problem is shorting at this point is kind of risky….taking in consideration sell at the high buy at the low.
Thank you very much again
Also in usd/jpy they made the move towards 90.50 and not to 89.10…can this be interpreted that traders had stop loss towards 90.50 level (being a sound figure also like 91 90 89 etc) and should now drop towards lower range of 89? or i got it all wrong?
Dear Dr. Sivaraman hi, Regatding Euro/$ is this only closing the gap on the 4hr &i hr chart from last monday or there is more downward move pls adv
regards
Dear Arthur
You can attend tomorrow the twin webinars and I will be explaining how to decide on the entry and exit levels for swing trades and also trading strategies using hedging.
Regards
Dr.Sivaraman
Dear Constantin Lucian
USD/YEN is expectred to swing and rise.
Regards
Dr.Sivaraman
dear j.j
I use live market quote page and note the levels as tool to track the market.The low set on monday between 02;30-03:30 GMT I am referring to .
Regards
Dr.Sivaraman
I lost more than $400K in the past 2 years due to my positions was wiped out by the system. I am not a professional/knowledgeable trader and have no special strategy or opinion to share except averaging and no stop loss. My entry point is base on useful inputs like those from Dr.’s, SJ and others. I only look at the inputs and no emotion. Once I believe in it and match with my ‘feeling’, I just do it. I thank Dr. for his feedback and advice. I take full responsibility base on how much I can afford to lose. My decision is base on my calculated risk, no specific formula but my feeling and how much do I need to protect my positions. The following shows I average USD/JPY when it reached another high of today. I liquidated my position with some profits. Probably I am lucky today. Wish you all good luck as well.
11/12/2009 10:20:32 AM 7959615 Sell USD/JPY -100,000.00 90.400
11/12/2009 10:22:53 AM 7959845 Sell USD/JPY -100,000.00 90.410
11/12/2009 10:40:41 AM 7961051 Sell USD/JPY -500,000.00 90.562
11/12/2009 11:25:32 AM 7964483 Buy USD/JPY 700,000.00 90.435
11/12/2009 11:25:32 AM Total: 635.82
Constantin Lucian,
Yes, I encountered what you mentioned quite often. My record was being wiped out of over $80K (EUR/JPY) in one Japanese session in 2008 when I was still sleeping.
I have also encountered the same situation recently when GBP/USD and GBP/JPY reached their peaks in the past 1-2 weeks where my unrealised losses for my 15 std lots went up to over $60K. All I did was ‘wait’ and keep the positions well protected. I have no other strategy.
I understand jade…the power of big amount of equity…if a trader reaches levels 150k+ with proper money management, in my opinion he is set to earn good (1000 2000 3000 usd in days) with very low risk.
A crazy idea will be that all traders should put their money in one account and battle with the players…with competent and fair leadership at the top..that would be interesting to watch