October 14, 2014
USD feels toppy, and sooner or later I’ll be right!
USD/JPY has been surprisingly leading the way in recent days after the rejection of 110.00.…
October 13, 2014
Quick update on early morning flows/activity
USD/JPY stops were triggered below 107.35 and AUD/JPY stops were also targeted and tripped below…
October 13, 2014
Fairly quiet start to FX trading week
Japan and US holidays today China trade balance data released later this morning Plenty of…
October 12, 2014
AUD on stop-loss watch for Monday morning
From the FXWW chatroom: AUD/USD: Heavy stops below .8650 on Monday morning will almost certainly…
October 12, 2014
USD/CAD: Still short but………….
I'm a little out of the money on this trade but after a few decent intraday trades on Friday, my…
October 12, 2014
AUD/USD: Long position well and truly obliterated
Another forlorn attempt by me to pick the base in the AUD/USD has come to nothing and the spate of…
October 10, 2014
USD/CAD: Shorts still in play
My short position from yesterday is still in play although well out-of-the-money. I remain bearish…
October 10, 2014
AUD/USD: Likely to be pressured as China reintroduces coal levies
Reports on Reuters say that China, which is the world's largest importer of coal, will reintroduce…
October 10, 2014
Back to school for lessons in Fed-speak
We've had various Fed officials coming out overnight and telling us that 'considerable time' could…
October 9, 2014
Are You Doing This Correctly? Setting Proper Objectives for Your Trading
It’s far too easy to take this Forex thing casually. You can open an account with a broker is the…
October 9, 2014
EUR/GBP: Booking 80 pip profits near .7870
I could try and finesse this a bit more and sell 10/15 pips higher but I have bigger fish to fry as…
October 9, 2014
AUD volatile post jobs data
Some interesting price action after the Australian jobs data, which if anything was a bit…
October 9, 2014
AUD/USD: Longs in play, look for short-term base now near .8770
This is a similar trade idea to USD/CAD but the difference with the AUD/USD is that we get more…
October 9, 2014
USD/CAD: Shorts in play again
I've felt for some time that the market has been getting way ahead of itself on the bullish USD…
October 8, 2014
ABS to revise recent Australian jobs data
From the FXWW chatroom 08-Oct-2014 12:16 - AUSTRALIA BUREAU OF STATISTICS SAYS TO REVISE AUGUST…
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 8, 2014
USD/JPY: Positional liquidation the main driver
From the FXWW chatroom: I'm continuing to hear reports of hedge funds having to return money to…
October 7, 2014
Tips for Future Money Managers: Notional Funds
In the world of institutional money management you can’t afford to have anywhere near the…