December 6, 2013
Did I mention GBP/JPY looked toppy…..
One thing that will never change in the FX market is that erstwhile bears change their coats and…
December 5, 2013
GBP/JPY: Good risk-reward for the contrarian bears
Trade IdeasGBP crossesFXWW NewsJPY crosses
Looking for extremely over-bought or over-sold conditions can be a very profitable exercise in the…
December 5, 2013
GBP and EUR having a short vacation
Trade IdeasGBP crossesFXWW NewsEUR crosses
Very little movement in either overnight; I've reduced my long position in GBP/USD as the…
December 3, 2013
Cable: Selling a bit more at 1.6410
Trade IdeasFXWW NewsGBP crosses
There has been more positive data out of the UK and this has seen cable move back above 1.6400.…
December 3, 2013
Might be a good time to book some profits on EUR/AUD, GBP/NZD etc
Trade IdeasEUR crossesFXWW NewsAUD,NZDGBP crosses
Despite a big technical break yesterday, GBP/NZD failed to consolidate these gains and will close…
December 2, 2013
Cable: Target filled at 1.6410
Trade IdeasGBP crossesFXWW NewsFlows and Orders
The first of my longer term targets at 1.6410 has been filled. Remember that we've come from 1.50…
December 2, 2013
EUR/GBP: Stops triggered below .8290 in early interbank trading
Trade IdeasGBP crossesFXWW NewsFlows and Orders
I remember being on the receiving end of some dodgy GBP/DMK stops during early Monday morning trade…
November 29, 2013
Trades to watch for, Friday November 29th
Trade IdeasGBP crossesFXWW NewsAUD,NZD
Stay long cable, this is a no-brainer in my view. I've cancelled my take-profit orders this…
November 28, 2013
Cable: Partial take-profit orders set at 1.6410
Flows and OrdersFXWW NewsGBP crosses
As you all know I'm very bullish on cable and have been for some time but I'm also a realist and…
November 28, 2013
Cable: Close above 1.6260 will only add to bullish sentiment
Trade IdeasFXWW NewsGBP crosses
GBP/AUD has accelerated higher again and it's next technical target is weekly highs just below…
November 26, 2013
Trade ideas for Tuesday November 26th
Trade IdeasAUD,NZDFXWW NewsTechnical AnalysisGBP crosses
Cable has failed to break above 1.6260 and is threatening to retrace inside its consolidation…
November 22, 2013
AUD/USD and Cable update
Trade IdeasJPY crossesFXWW NewsFlows and OrdersGBP crosses
Prime broker reports stops just above 1.6200 in cable but sell orders also seen 1.6215/20 which…
November 22, 2013
Cable: Expect test of 1.6250/60 later today
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
Obviously talking my book here as usual but all the signs remain bullish for the GBP in my biased…
November 21, 2013
GBP/JPY: Major resistance at 163.00
Technical AnalysisGBP crossesFXWW NewsJPY crosses
Huge level looming large for GBP/JPY at 163.00 (see chart). Normally these levels hold on the first…
November 13, 2013
Cable: False break makes me even more committed to buy-dip strategy
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
The bears showed their weakness yesterday, unable to hold below 1.5900 after an important technical…
November 8, 2013
EUR/GBP: Sell rallies but .8300 looks cheap-ish in short term
Trade IdeasFXWW NewsGBP crosses
I'm not able to post charts at the moment but a quick view at the weekly chart confirms to me that…
November 4, 2013
FX market open, week November 4th: Still looking to sell USD rallies
GBP crossesTrade IdeasEUR/USDEUR crossesFXWW NewsTechnical AnalysisAUD,NZD
My opinion hasn't changed and I'm still looking to sell medium-term USD rallies in preparation for…
November 1, 2013
Cable technicals: Double Trouble
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
Two big possible scenarios here and we need to wait and see which one plays out (see chart). There…