December 5, 2014
EUR/USD: We can expect quite a few sessions of consolidation
The market got caught short in illiquid conditions and that will give the bears some food for…
December 5, 2014
EUR/GBP in consolidation mode
I'm still short of this pair and happy to stay that way. Obviously, based on the reaction to the…
December 4, 2014
Are demo accounts relevant in establishing a track record?
In a word, No! The whole art of being a trader lies in ones ability to manage risk, maximise…
December 4, 2014
EUR/GBP: Cover partial shorts on sharp dips below .7800
The break below 1.2350 in EUR/USD did indeed increase bearish momentum in EUR/GBP, and with cable…
December 3, 2014
EUR/GBP: Will add to short position if EUR/USD breaks below 1.2350
The EUR still looks pretty sick to me but I'm also of the opinion that cable is close to 'must-buy'…
December 3, 2014
CAD/JPY: Cutting my position at breakeven
Despite all the extreme volatility in the oil price, CAD/JPY was unable to break lower. Timing is…
December 2, 2014
RBA: No change in policy or language expected
There is a small chance that the RBA will refer to the possibility of further rate cuts but most…
December 1, 2014
AUD/NZD: Downside pressure set to intensify
Unconfirmed reports this morning that the Australian government is lowering it's presumed iron ore…
December 1, 2014
EUR/CHF: Lot less risky to go long this morning
The cross has only risen by around 20 pips this morning after the Gold referendum was rejected in…
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 28, 2014
CAD/JPY: Looking to add to shorts on rallies
This pair hasn't yet had a major reaction to events in the oil market but if/when it turns, there…
November 27, 2014
Axi Select Incubation Program for talented traders
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November 26, 2014
CAD/JPY: Easing into market with small short position
The big fall in oil prices hasn't washed through into the traditional FX proxy, CAD/JPY, but maybe…
November 26, 2014
Career objectives for retail traders
The retail FX industry continues to grow and the career opportunities for passionate and talented…
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 21, 2014
Risk-off Friday in Asia again
Usual Friday rules in Asia with the trend for the week reversing somewhat amid positional reduction…