FX Market Readings

US session - expected moves

Dr. S. Sivaraman — Fri, 20 Nov 2009 14:15:03 +0000

Euro and GBP made the slide all through japanese and European sessions and stalled towards late European session and firmed up from low.

During gap time they are expected to swing near low and make further dip during early US session and then try to recover during mid US session to make further slide and drop later for week end.

Since the quick volatile moves could be seen for week end trade with care .Quick moves are false moves- so take advantage using full money management strategies in your intra- session swing trade.

Regards

Dr.Sivaraman

Expected market moves for week end

Dr. S. Sivaraman — Fri, 20 Nov 2009 03:36:32 +0000

EURO and GBP made quick dip yesterday during early US session and later firmed up as envisaged.

they are expected to make a slide and drop during japanese session.

Quick rise during early European session and then drop are expected moves during European session.

Volatile moves are expected during US session - A quick drop during early US session and then firm up during mid US session and then slide towards close are expected moves for week end.

Denominator currencies are expected to swing and rise to confirm USD gaining moves.

Regards

Dr.Sivaraman

Less rise and more drops are seen

Dr. S. Sivaraman — Thu, 19 Nov 2009 11:49:07 +0000

EURO and GBP are showing less rise and more drop moves.The players found predominant of the short sellers have covered their shorts during rise and the players also liquidated their longs and built higher level shorts.They are making now pip by pip slide after quickly rising to initial lows of japanese session in Euro and GBP.They could use 13;30 GMT data release time for a quick pull back and then continue the slide during US session.

USD/YEN was expected to make rise and that was also not significant indicating the players want to make contrarian drop - droping euro and gbp and also usd/yen.During the upward pull back of EURO and GBP they could rise usd/yen and continue the rise in USD/Yen as usd gaining move during US session when euro and gbp make further slide..

Regards

Dr.Sivaraman

Drop and rise alternate

Dr. S. Sivaraman — Thu, 19 Nov 2009 06:28:06 +0000

Euro and GBP made the slide and drop during late US session yesterday after fear creating volatile moves during start of US session.

Euro and GBP made quick drop during early Japanese session to fim up towards close.

They are expected to swing and slide during European session to make drop and rise move during US session.

Visible drop could be seen for week end after prolonged higher levels swings seen during this week.

Regards

Dr.Sivaraman

Gap time quick move

Dr. S. Sivaraman — Wed, 18 Nov 2009 14:28:52 +0000

EURO and GBP made the early gap time quick downward drop and then quickly rised with in gap time and cut the high in EURO, EURO/GBP and gold- a strategy to hit stops either way by making quick moves.Their intention could be to do again pump and dump move during US session.

Regards

Dr.Sivaraman

European session moves

Dr. S. Sivaraman — Wed, 18 Nov 2009 12:14:03 +0000

Euro made a quick rise when GBP was holding to rise EURO/GBP.Now after 2 hrs EURO has stopped cutting high ( 1.4971) .To reverse EURO/GBP move we could see slide in EURO during late European session and firming up in GBP.During that time GBP could cut the high when EURO could be holding.The expected US session slide and drop could be big only if EURO and GBP go below initial highs of japanese session -EURO -1.4888 and GBP 1.6830

the volatile move is not really of very wide nature now ,could be due to the thin volume.Still players are trying their level best to do pump and dump moves now.Only with patience and trading strategy we could earn from this sort of market moves.

Regards

Dr.Sivaraman

Mid week -volatile moves

Dr. S. Sivaraman — Wed, 18 Nov 2009 06:22:54 +0000

EURO and GBP made the slide yesterday during early US session and firmed up towards close to open high and hold near high to make upward stop hunt in EURO during japanese session and upward stop hunt in GBP during early European session.So higher level swings are expected during Japanese session.After brief firming up move they are expected to drop during Early european session using the data release as trigger.From mid European session they are expected to rise again as part of volatile move for mid week .During US session they are expected to swing near high and then slide slowly till close.

Either way quick trading opportunities could prevail.But the entry and exit could be during quick moves.

Regards

Dr.Sivaraman

prolonged higher level swings

Dr. S. Sivaraman — Tue, 17 Nov 2009 08:30:51 +0000

EURO and GBP are making prolonged higher level swings.

They were expected to make swing and slide move during Japanese session and firm up during early european session and slide from mid European session.US session they are expected to make swing and slide.

But they are making higher level swings with upward and downward stop hunts during different sessions of the day.

Upward stop hunt may give enter sell and diownward stop hunt could give exit or profit taking in intra-day trades.

Position trading may not be easy as the holding high and higher level swings are seen for the earlier lower level short sellers to do short covering - short squeeze moves are seen.

Do your own market analysis and take trading decisions depending upon the time available for trading,available usable margin and facility like hedging,trailing hedging and trailing stop in the trading platform.

Regards

Dr.Sivaraman

USD weakening moves

Dr. S. Sivaraman — Mon, 16 Nov 2009 08:35:57 +0000

EURO and GBP made the quick drop and all the way rise on Firday as week end volatile moves.The gaining of levels were seen during japanese session.

the forecast expected slide during early European session and rise again from mid european session till close.During US session swing and slide are the expected moves.

Either way swing trade opportunities could prevail- buy during quick drop or sell during quick rise as intra-day swing trades.

Tomorrow USD gaibning moves is expected and that could be significant.If that happesn then todays move could be considered as week beginning false move.

I will give the update of market reading as update if there is deviation from the expected moves.

Regards

Dr.Sivaraman

Volatile move for week end

Dr. S. Sivaraman — Fri, 13 Nov 2009 16:45:28 +0000

Players made the drop during gap time and start of US session EURO and GBP.They briefly cut the low and started the rise quickly to go closer to high as the traders were not placing the buy orders around low.Then after reaching closer to high they have not cut the high indicating they want improved buy order to fill during next drop.This sort of pump and dump moves are normally used when they suddenly the shift in trading range.The closing levels will reveal more about their intentions.They have done downward stop hunt in usd/yen and upward stop hunt in AUD/USD as isolated stop hunts.

Regards

Dr.Sivaraman