July 19, 2013
Time to stop trading the crosses and start selling the USD
The entire market focus in recent months has been on the crosses, buy risk, sell risk, sell the…
July 19, 2013
Don’t you love Friday afternoon markets, not…
Very patchy liquidity this afternoon with mini liquidity bubbles causing small gaps. USD/JPY got…
July 19, 2013
AUD outlook: Mixed bag on crosses but AUD/USD set to recover
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
AUD/NZD continues to drift slowly lower and is targeting 1.1500, but that level should be tough to…
July 19, 2013
Yen crosses break higher as risk sentiment improves
GBP crossesFXWW NewsAUD,NZDTrade Ideas
My stop-loss order was eventually triggered in EUR/JPY and it looks like the Bernanke testimony is…
July 18, 2013
Bernanke: Another case of “sell the rumour buy the fact”? Buying AUD/USD dips is obvious trade!
It looks like the market might have even gotten itself a bit short of the USD heading into the…
July 18, 2013
Asia likes the look of the USD again
USD/JPYFlows and OrdersAUD,NZDEUR/USD
USD/JPY is testing 100.00 again, AUD/USD is back at short-term support levels near .9170 and…
July 18, 2013
AUD/USD drifting lower amid decent two-way flows
FXWW NewsAUD,NZDFlows and Orders
Local dealers tell me that flows are fairly decent so far this morning and the AUD/USD is drifting…
July 18, 2013
Levels to watch today (but don’t expect them to be challenged!)
EUR/JPY resistance at 131.10/20 AUD/USD short-term technical edges at .9170/.9300 EUR/GBP, prior…
July 18, 2013
Best to sit back and see how market wants to react
USD/JPYFXWW NewsAUD,NZDEUR/USD
The statement from Mr Bernanke that all options are still on the table and policy decisions are…
July 17, 2013
Get-together for Sydney traders next Thursday, the 25th
This will be a very small informal affair but it will be nice to put faces and voices to…
July 17, 2013
AUD/USD intraday outlook: Buy dips towards .9170 looking for .9300 re-test
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
Overall market sentiment is still bearish AUD so I wouldn't chase it higher just yet, something…
July 17, 2013
AUD/USD: Important resistance .9300/50
I'm pretty annoyed with myself for selling 1/2 my long position at .9170 yesterday, probably one of…
July 16, 2013
AUD/USD: Lightening up on long position
I'm taking a little profit off the table here at .9170 as resistance at .9185/90 has held firm and…
July 16, 2013
Prefer to play the USD from the short side intraday
AUD,NZDFXWW NewsEUR/USDTrade Ideas
I don't have any strong reason for this bias, simply that pairs like AUD/USD, EUR/USD and GBP/USD…
July 16, 2013
AUD/USD: Decent sized orders nearby
FXWW NewsAUD,NZDFlows and Orders
Dealers have their eyes on stop-loss buy orders above .9195 but first have to get through decent…
July 16, 2013
AUD/USD: Hanging on to longs for now
A combination of the budget cuts announced by the Australian PM and the RBA minutes (not…
July 16, 2013
AUD/USD: Shorts getting nervous ahead of RBA minutes
AUD,NZDFXWW NewsTechnical AnalysisTrade Ideas
And so they should be! With the daily chart looking so heavily oversold! But, sentiment remains…
July 16, 2013
Little change in NZD after CPI
FXWW NewsAUD,NZDFlows and Orders
NZD/USD is still trading around .7800/10 after fairly benign CPI data showed that inflation is…