Other majors are expected to make sharp rise during this US session after the sluggish slide towards the close of European session.Watch and understand how the big players do either way stop hunts for week end.

Regards

Dr.Sivaraman

Operators handle the majors and crosses alternatively.During session start and end they handle the majors -i.e.they make quick rise or drop and during mid sessions they handle the crosses.Now they are dipping USD/YEN and also GBP/USD as contrarian move and dropped GBP/YEN to hit the stops of the higher level buyers during drop and rise later from next week.

It is now a good opportunity to buy along with the big players GBP/USD,USD/YEN and also GBP/YEN.But those taken already buy positions during rise will only try to hold the unfavorable positions with loss and trying to exit if more dip happens.

Operators know well how to induce traders at higher levels and then induce them to cut the positions in distress at lower levels.So if a trader wait for such good drop and buy then he will not become victim to such operators intentions.So try to do sensible trade of sell during quick rise and buy during quick drop.

Regards

Dr.Sivaraman

The new recent lows after the slide in EURO and GBP against USD may bring surprise to many.This may induce the technical traders to sell EURO and GBP during drop.But operators are only induce the higher level long holders to sell in distress before the next move of  rise to induce the lower level technical short sellers to do short covering in distress.

Watch and understand the market moves and then decide how to logically do trades rather than imagining that trading needs sofisticated mind set.

Regards

Dr.Sivaraman

Many traders will be wondering why the market is behaving eratic.For the NFP data USD gained for week end and they expected it to gain further in this month based on the attributes given for the data by the  ” Experts”.But now USD is losing gradually and traders trying to find what moves currencies?……

But the traders sentiments and taking positions in the market drive the market against them.So when traders feel that USD is expected to gain more after the surprise gain,they find opposite move happening again as a surprise to them.When they digest the sentiment and expect USD to lose they find USD gains.When traders keep away and watch for clear signal the market is not making any move.So the traders continue to wonder and try to explore how to read the market.The answer is  read the ‘Herd mentality’ of the traders which induces the market to make other way moves.

As long as traders have the habit of sell during quick drop or buy during quick rise,the market will continue to give surprises.

The “Experts” continue to provide the same or similar stories  or attributes as market commentary  and retain their name as ” Experts”, but they are aware of their uncertanities and not developing the mind set to perfect their market reading.The research approach is lacking among them because they are entanged with market surprise all the time and continue to provide varied attributes to safeguard their positions.

If not the “Experts” atleast the traders who have seen more failure in their trades should question themselves why their market readings have gone wrong ,even though they appeared initially true.

Have a deep thinking and explore other ways of reading the market to make perfect trading and living. Don’t make the learning of ‘trading’ a  costly affair by losing many times in the market.

Regards

Dr.Sivaraman

During early April 2008 Gold rallied to $1033 and all traders thought that Gold may not be available any more and bought heavily during the first drop to $950 and averaged during next drop to $900 and now find it is available plenty around $850.This is how operators create the market sentiments and act against the traders.

The rise takes longer time but the drop happens in a shorter duration.The  slow firming up is to make the traders  to feel that is the high and  can short, later they rise quickly for them to do short covering and traders change their mind set to earn back the lost money by taking buy position during slide to sell by next rise.But the operators purposely don’t rise and drop more for the traders to lose again.

Traders need to understand that operators create market sentiments using various media and channels and once the traders change the mind set and get convinced that all the market rise/fall because of weak US economic conditions,surprise to see the reverse in all markets and get trapped.

Day in and day out the operators continue to do the same and traders also follow their attributes and become victim every time.

As long as the herd mentality and market fear are there with the traders due to over trading, operators continue to trap them and earn their profits easily every time.

Regards

Dr.Sivaraman