Posted on October 21, 2009 at 9:29 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman18 Comments »

rising GBP holding EURO with nominal swings the players made further drop in EURO/GBP during mid European session.they are expected to drop euro and drop later GBP to drop further EURO/GBP.Holding high USD/YEN and rising GBP they made further rise in GBP/YEN.This is how they gain the levels to extreme conditions and after building huge sell positions drop and drop the market to induce traders to make distress trades with any level buying.This sort of moves they call as usd weakening or usd strengthening using very many attributes,but you may get convinced that they are just attributes to distract traders but the players are focused in making money from the market.So let us also focus on trades rather than getting diverted with their attributes.

Regards

Dr.Sivaraman