After sequential stop hunts, now sequential drops are seen
Posted on October 23, 2009 at 11:56 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman28 Comments »

When many traders were wondering what is the force behind such higher level holding and upward stop hunts during the week.The first reversal is shown in USD/CAD and USD/YEN.AUD/USD has initialted the drop and holding to drop big.Then GBP/USD has fallen big.Next EURO/USD and USD/CHF are now expected to show the big reversal moves from late European session.So extended stops hunts lead to reversal.if we understand their act well we can trade along with the players and may appear we are trading against the trend - but the players create apparent trends and reverse and not the true trends during reversal times.

Regards

Dr.Sivaraman

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market reversal
Posted on October 22, 2009 at 5:22 in Market comment, Market forecast, Operators' intentions by Dr. S. Sivaraman38 Comments »

When every one is expecting the market to reverse ,the players make slow rise and induce restlessness among traders.the players also know well no one will make a buy near the high for the season- but they do making circular traders only to attract margin call in lower equity accounts and to induce short covering from over traders.

Today they are expected to  swing and slide nominally during japanese session.

A quick rise  during start of the European session and then slide to follow during rest of European session.

During US session a quick drop and then a rise to attract more buy orders near the low  and then drop quickly towards close and gap time to fill all the limit buy orders are the expected moves.

Tomorrow for weekend swing and slide moves are expected to start with and quick drop from european session could be seen.

Regards

Dr.Sivaraman

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