October 7, 2014
AUD/USD: RBA today and I prefer to be long
The RBA will be steady as she goes with no change in policy or statement language, although there…
October 7, 2014
Nasty USD reversals suggest bulls slowly losing control
USD/JPY: On 2 occasions now in the past week we've had pretty nasty reversals from levels close to…
October 6, 2014
The pitfalls of ‘trade following’
This is an area of the business which we have been studying for the last 3 years, so you can't say…
October 6, 2014
EUR/GBP: Longs in play but not sure at all
I'm still long the cross from last week below .7800 but it doesn't feel right yet to be long of the…
October 6, 2014
Quiet start to the FX trading week
The USD is King again and all us non-believers have been sent scurrying for cover yet again. No…
October 3, 2014
How to run your risk management if you want to be a money manager
There is a lot more access to funding programs and opportunities for retail traders to make the…
October 3, 2014
USD/JPY: Risk-off Friday, shorts preferred
There will be a lot of long positions in the market who are feeling very unsure right now. They got…
October 3, 2014
EUR/GBP: Long trade looking good, more short covering ahead of the weekend
My EUR/GBP long from yesterday is 50 pips in the money and hopefully I will get a chance to build a…
October 2, 2014
EUR/GBP: Fresh longs in play
This is a short-term 'timing' trade and I'm looking for weekly support at .7750 to hold. The market…
October 2, 2014
AUD: Mixed bag on crosses should ensure consolidation
AUD/USD trend remains bearish but important long-term technical support at .8660 held firm on the…
October 2, 2014
JPY crosses: Profit taking and trailing stops
The professional market has been short JPY across the board and we saw some hefty profit taking…
October 1, 2014
Sticking to the crosses for some shorter-term opportunities
My longer-term fundamental view remains unchanged, the EUR, JPY and USD will struggle amid CB…
October 1, 2014
USD/JPY barriers: One down one to go
A large barrier at 109.75 has been knocked out so we can turn our attention to the next one at…
September 30, 2014
Cable: Fresh short-term lows mean bulls will have to wait another while
Nice try earlier from the cable to break above technical resistance at 1.6280/90 but the nasty move…
September 30, 2014
Cable: I’m getting tempted to buy again
The one currency which seems most likely to appreciate quickly once the USD bulls get tired is the…
September 30, 2014
USD/JPY: Market still eyeing big barriers ahead of 110.00
There were plenty of reports in the FXWW chatroom yesterday of very large offers at 109.74/75,…
September 29, 2014
AUD/USD: Technical support looming at .8660
The lows from January at .8660 are coming into view for the AUD/USD and they might encourage some…
September 29, 2014
Protests in HK will disrupt market activity
Live pictures this morning from Hong Kong show masses of people sitting-in all around the CBD. This…