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  • Still long cable; Silver leads the charge out of USD

    Back in the good old days, if silver made 10% gains then the GBP would follow suit but the times they have a changed! The pound has been lagging the other majors (bar the JPY which is on strike!), and it’s close to major support levels against the EUR and the AUD. I’m in the […]
  • Cable: Adding to long position

    The signs from the crosses such as GBP/AUD and EUR/GBP are bullish for the pound and I am starting to ramp up my cable position. This is always the most dangerous time when it comes to position building, as if I get the timing wrong then it’s easy to get stopped out. I have started […]
  • Cable trade idea updated

    This trade has been dragging on for a while and I very much hope that it will be worthwhile. I managed to stay safe last week after a strong bounce off 1.2250 and the fact that EUR/GBP is threatening to to post a top near .9080/.9100 is also promising. On a less optimistic note for […]
  • FXWW Select: More FAQs

    I will try to respond individually to all those who have contacted us. In the meantime, here are some answers to more FAQs. ……………………………………………………………………………………… Q7. What size of personal account is considered ‘relevant’? Like everything else, it depends. I would suggest that $5-10k minimum account sizes with usual leverage usage of 5:1-10:1 and occasional managed […]

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