EURO and GBP were making swing and slide moves during Japanese and European appears intermediary levels traders have take buy positions during the drop.but the players were selling all through.The next downward breaklut could be big furing the day.Futerh drop may induce the long holders of the previous weeks and month to off load to avoid further loss.

The players gained the levels and build sell positions around 1.43-1.44 area.they normally make 500-900 pips drop to make - "lower level consolidation and downward stop hunts" - only then they close the sells and turn buyers to make the next rise.Downward shift in trading zone could happen any time from next week.



Views: 22

Comment by manan shah on June 23, 2011 at 12:35pm

hello dr,


so you recommend to stay short euro from 4410 for the breach of 1.4000 on the card? i have moved my stop to BE.





Comment by Dr. Sivaraman on June 23, 2011 at 12:56pm

dear manan

Yes they may do more drop today us session and tomorrow for week end.



Comment by Dr. Sivaraman on June 23, 2011 at 2:12pm

dear sundaram

yes there is potency to drop some more.



Comment by ATF on June 23, 2011 at 2:17pm

Dear Doc

Do you expect trend reversal from monday onwards???

Best Regards



Comment by LuckyDice on June 23, 2011 at 2:54pm

Dr, Might I ask.


We all understand that the Players don’t want Traders to earn money from their moves. So when the Market is clearly falling many Traders will see the Prevailing trend is down so Sell.

We know that the drop is 300 + in the whole down cycle so how do the Players handle this?

Do they simply rise very quickly and swing around?? Do they intend to get those profitable shorts on the next up rise move?? Or do they simply do not concern themselves on those Traders who are selling with them but focused in Squeezing the Longs and Long Traders??

Comment by Vinesh Jagmohan on June 23, 2011 at 2:55pm
Doc, why isnt USD/CHF rising? Do you expect it to gain?
Comment by Dr. Sivaraman on June 23, 2011 at 3:08pm

Dear ATD

The market may be volatile from Monday - still sell and buy trades may be safer during that time.We sell near the high set for the day or during upward stop hunt times.



Comment by Dr. Sivaraman on June 23, 2011 at 3:13pm

Dear Lucky

They have taken time to rise the market and held the high and built sell positions.Their volume is very high.So for them to book 50-100 pips profit on an average they need to swing 500-900 pips- to earn that.Sothey make pull backs and then drop again.Now we may see this time downward shift in trading zone.During tht time they make lower level swings with frequent downward stop hunts to build the buy positions.They have the system of making market moves to earn from different type  of traders- only then they can take care of all the people who help them.



Comment by Dr. Sivaraman on June 23, 2011 at 3:14pm

Dear Vinesh

hoplding usd/chf and dropping EURO they made massive drop in EURO/CHF and other EURO related crosses.USD/CHF they may rise towards close of the session.Now mid session they are making extreme moves in crosses.



Comment by jefe on June 23, 2011 at 10:01pm

It's too bad they didn't hold low today to entice buying-  could it be the Long liquidation occurred and players bought?

Now pre asia holding between -- 38 and 50 fib levels... to entice new shorts.


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