November 28, 2014
EUR/GBP: Sticking with short position for now
It's the end of the month which usually means that the Buba will buy their big tranche of EUR/GBP,…
November 24, 2014
Switching long cable into short EUR/GBP position
I'm still of the view that cable will bottom out sometime soon but whether that's at 1.5600 or…
November 20, 2014
Cable: Short-term levels becoming obvious, 1.5590/1.5730
Prices have bottomed out on 2 occasions now near 1.5590 whilst 1.5720/30 has proven to be solid…
November 19, 2014
Cable: Hanging onto long position for now
Prices are back near my entry levels and the sideways price action in cable is starting to look…
November 17, 2014
Cable: Long position looking more secure
I started building a long position on Friday and managed to get into the market at some favourable…
November 14, 2014
Cable: Looking to start building long position again
My long-term macro view remains unchanged, namely that we should be buying GBP and the commodity…
November 13, 2014
Cable: Getting close to interesting levels
As a definite non-believer in the current USD rally, I've been biding my time and waiting for for a…
November 7, 2014
Cable: Long term bullish and happy to buy dips to 1.5720
My best trade of the year by a long way was my long cable trade and I'm willing to start dipping my…
October 8, 2014
EUR/GBP: Still long, let’s see what price action is like at .7900
When I'm having a 'slow' run in the market, I often revert to trading some slower moving crosses…
October 3, 2014
EUR/GBP: Long trade looking good, more short covering ahead of the weekend
My EUR/GBP long from yesterday is 50 pips in the money and hopefully I will get a chance to build a…
October 1, 2014
Sticking to the crosses for some shorter-term opportunities
My longer-term fundamental view remains unchanged, the EUR, JPY and USD will struggle amid CB…
September 30, 2014
Cable: Fresh short-term lows mean bulls will have to wait another while
Nice try earlier from the cable to break above technical resistance at 1.6280/90 but the nasty move…
September 30, 2014
Cable: I’m getting tempted to buy again
The one currency which seems most likely to appreciate quickly once the USD bulls get tired is the…
September 26, 2014
Cable: Longs preferred for move back towards 1.6475
I tend to favour the range-trading consolidation theory for cable in the short-term, as it comes to…
September 25, 2014
GBP/CAD: Nasty reversal after failure to trigger stops above 1.8200
I mentioned those stops yesterday above 1.8200 in GBP/CAD and the market had a real go at trying to…
September 24, 2014
Cable: Price action feels bullish
I should temper that by saying that we need to be very careful with our entry levels, as seen by…
September 23, 2014
GBP: Mixed signals, neutral bias
EUR/GBP is definitely still in a strong bearish trend and levels between .75.77 look highly likely…
September 19, 2014
GBP starting to settle now that result is becoming clear
The 54:46 YouGov prediction from earlier today looks very likely to come true and the GBP has begun…