September 27, 2012
EUR/GBP: Nearing recent lows
Flows and OrdersTechnical AnalysisGBP crosses
Recent support points at .7935 are coming back into view and there is a 61.8% retracement level…
September 27, 2012
Seems to be large difference of opinion, retail vs professional markets
I certainly don't talk to everyone in the professional market but I do see pretty much everything…
September 27, 2012
GBP: Asset rebalancing demand expected at London fix
Flows and OrdersTechnical AnalysisGBP crosses
Just like the AUD during the Asian session, the GBP is likely to be the main beneficiary of…
September 27, 2012
GBP/USD: Interesting buyers noted but 1.75 by Christmas?
One of the big Prime Brokers is extremely bullish on GBP. They have been seeing some very large…
September 26, 2012
Asset rebalancing likely to be AUD and GBP positive
AUD,NZDGBP crossesEUR/USDJPY crosses
Its nearing the end of the financial quarter so we can expect turnover at the London Fix to be much…
September 26, 2012
Cable: Taking some more P off the table
I've booked some more profit on my cable shorts at 1.6173 as I feel that support near 1.6160 should…
September 26, 2012
EUR/USD: Stops set-off below 1.2880
EUR/USDGBP crossesFlows and OrdersAUD,NZD
EUR/JPY looks like it also set off some stops and the EUR/USD fell 20 pips very quickly in what…
September 26, 2012
Nothing new emerging during Asian trade: NZD the big loser so far today
AUD,NZDGBP crossesEUR/USDJPY crosses
There have been no new developments over the last few hours, fundamentally or technically, and…
September 26, 2012
Cable: Taking a bit of profit off the table
I've bought back my 1.6255 sales from yesterday at 1.6185 and will continue to play a broad…
September 25, 2012
Early European flows
EUR/USDFlows and OrdersGBP crosses
EUR/USD: Asian and Middle Eastern players were main sellers in early trade with the unconfirmed…
September 25, 2012
Adding smalls to cable position
I've sold a small amount of cable at 1.6255, adding to my existing short position. A UK clearer was…
September 25, 2012
What the big Prime Brokers are reporting..
GBP crossesAUD,NZDJPY crossesOthersEUR/USDEUR crosses
Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…
September 25, 2012
Asian market open
GBP crossesAUD,NZDJPY crossesEUR/USDEUR crosses
You can read my opening comments on FX Street.
September 24, 2012
Cable: Look to cover partials near 1.6160/70
I remain bearish but will look to book partial profits near 1.6170ish, hoping to re-sell on 100 pip…
September 24, 2012
Cable: Looking to build shorts inside 1.6160/1.6270 s/t range
I'm short already after the renewed failure at 1.6300 and I'm looking to build a substantial short…
September 24, 2012
“Short the screen” to start the week
EUR/USDGBP crossesTrade IdeasAUD,NZD
I sold AUD/USD, cable and EUR/USD on Friday and although I was a bit nervous over the weekend that…
September 21, 2012
Asian market open
EUR crossesGBP crossesEUR/USDJPY crosses
You can read my full opening commentary on FX Street. Summary: EUR/USD range trade 1.2930/1.3000;…
September 20, 2012
EUR/GBP: Buying dips to .7965 looks like an excellent proposition
EUR crossesTechnical AnalysisGBP crosses
The 50% retracement of .7810/.8110 comes in at .7960 which is close to where the previous spike…