February 19, 2014
USD/CAD: Shorts edging into the money but going is slow
I've been short since Monday morning and USD/CAD is again testing last Friday's lows at 1.0935.…
February 19, 2014
AUD/USD: We do love a big call and sub-.80 cents qualifies!
A former colleague of mine who now works in the real world, gets a very deep insight into actual…
February 19, 2014
EUR/GBP and AUD/NZD in ‘recovery’ mode
Trade IdeasGBP crossesFXWW NewsAUD,NZD
These have been two of the more persistent bear trends in the crosses in recent months but both…
February 18, 2014
GBP/JPY trade update
Trade IdeasFXWW NewsGBP crosses
I've got a fixed take profit order at 172.15 on last week's long position and with EUR/GBP possibly…
February 18, 2014
EUR/GBP: Taking profit on medium-term shorts
Trade IdeasFXWW NewsGBP crosses
I've been short this pair for months but the fact that we've consistently stalled at a major…
February 17, 2014
GBP/JPY trade update
I'm still long of this pair and feel very comfortable being long GBP across the board. I've…
February 17, 2014
USD/CAD: Fresh shorts in play (the ultimate reverse indicator)
My track record in the CAD is abysmal but all signals are pointing lower and I'm trying a…
February 17, 2014
AUD/USD: Longs preferred as metals break higher
One of the big prime brokers reported that sell orders from hedge funds above .9080 were cancelled…
February 17, 2014
Silver makes compelling move higher; looking to add to long position
One market which has made a compelling statement in my opinion is Silver. We had been watching the…
February 14, 2014
Still like overall look of risk trades, but it is Friday
EUR/USD has bounced back towards the upper end of its recent range and the AUD/USD has also…
February 13, 2014
Cable: Looking to play 1.64/1.68 broad range
Trade IdeasFXWW NewsGBP crosses
As you are no doubt sick of hearing, I've been long and bullish GBP for some months now. I still…
February 13, 2014
GBP/JPY trade strategy updated
Longs in play from yesterday at 168.50; Will book interim profits if we see sharp intraday spikes…
February 12, 2014
GBP/JPY: Starting to build a long position
Trade IdeasGBP crossesFXWW NewsJPY crosses
I'm already running core long positions in GBP against the EUR and the USD, so perhaps its time to…
February 12, 2014
EUR/USD and Cable seldom rally for 6 consecutive days
Bit of intel from a professional trader in the FXWW chat-room: "EUR/USD has rallied for 5…
February 11, 2014
Best to trim intraday positions ahead of Yellen testimony
The sense I'm getting from the interbank market is that a lot of big macro players have been…
February 11, 2014
GBP/JPY: Starting to like the look of this pair again
I'm certainly not advocating that we should take a long position now ahead of the Yellen testimony…
February 11, 2014
Only the range-trading day-traders are enjoying these markets
At first glance it looks as though absolutely nothing happened overnight. Those who decided to…
February 10, 2014
New FX trade ideas site launching
I am doing a very soft launch of a new trade ideas site, http://www.forextell.com/, and I would…