GBP/JPY made a sharp impulsive move this week which has certainly helped our bullish cable set-up and our next target is around 1.38/1.39. We are currently consolidating quietly near recent highs at 1.3275 and I expect support levels to be very solid now in the 1.3030/1.3130 window. Macro hedges are tending to be short GBP […]

I’ve been unusually patient with this trade and I still am sticking with my core long cable position and looking to add when momentum turns bullish. Must say I haven’t been overly flash hot on the latter part of the strategy but we live in hope. I still suspect that there are some serious short […]

Some excellent intraday opportunities in this pair and it looks to me as if an interim base has formed above 1.60 and we should see a test of 1.75 before Christmas. No big fundamental changes here, just usual market swings and roundabouts. Buy into intraday dips looking for 200 pip profits; rinse and repeat.

I’m expecting volatility to increase significantly in coming weeks as the US election date nears. All of the no-deal Brexit headlines will have encouraged plenty of fresh cable shorts and these will start to get worried if recent highs near 1.35 come into focus again. I will stay core long cable in the hope that […]

Core long all these instruments and looking for opportunities to add when conditions are right. Cable is still my favourite play and I believe we are base-forming above 1.2750 for a move towards 1.40+ in coming weeks. As always, beware the noise as in cable it’s usually at least 200 pips! I believe that we […]

I’ve been watching pairs like EUR/AUD and GBP/NZD pretty closely over the last few weeks and both pairs are suggesting to me that they are trying to form a base for a healthy rebound. I have some fairly aggressive targets in 1.75 and 2.10 respectively (from current levels near 1.64 and 1.9650). The economic stand-off […]

This started off as a bit of a test case but it’s starting to gather some momentum. Two of the more promising young traders, 1 medium term trend trader and 1 intraday trader, have been trading my strategies exclusively for the last 2 months on dedicated accounts. The day trader can often trade up to […]

Got a bit lucky in picking the bottom near 1.2750 and now that we are playing with bank money, we can afford to take on somewhat bigger risk. I expect GBP to outperform the other majors in coming weeks with the other ‘sterling’ instrument, Silver, also likely to outperform significantly. On the crosses I still […]

Some really fantastic performances this month and let’s hope the investment community sees fit to greatly increase those allocations 🙂 Particularly for the newer members, please ensure that your strategy description and personal bio are up-to-date on the FXWW Select portal. There will be monthly webcasts going forward, focusing on developments in the alternative investment […]

I’ve been dipping my toes back in the long-GBP market for the last few days and I feel that the upside pressure is about to intensify. Some of the crosses, particularly GBP/AUD and GBP/NZD, showed me that they are trying to base and I am expecting a strong move higher into the mid 1.30’s in […]