January 6, 2014
Cable: Testing short-term support levels near 1.6400
Buying big dips is still the obvious play here but it's come a long way over the last few months…
January 6, 2014
USD/JPY: Should range trade ahead of Fed
The market will start returning to normal after the lengthy holiday periods; Thursday's FOMC will…
January 3, 2014
USD/JPY: Stops triggered in thin markets; technical support at 104.15/20
Technical AnalysisUSD/JPYFXWW NewsFlows and Orders
Markets remaining very illiquid during holiday period and stop-loss orders make easy pickings;…
January 3, 2014
Cable: Looking for buying opportunities near 1.6400
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
The GBP was hit across the board after not-so-impressive economic data; EUR/GBP looks to be in a…
January 3, 2014
USD/JPY: Technical resistance at 105.50 looking more formidable
Technical AnalysisFXWW NewsUSD/JPY
Profit taking in illiquid markets in the Yen crosses was the main feature in overnight trade;…
January 2, 2014
Cable: I’m expecting base to form now above 1.6400
Trade IdeasFXWW NewsGBP crosses
Obviously the market is remaining very thin during the New Year holiday period but the inability of…
January 2, 2014
USD/JPY: Still eyeing major technical resistance at 105.50
Technical AnalysisFXWW NewsUSD/JPY
The 61.8% retracement of the big 124/75.50 collapse comes in at 105.50.
January 2, 2014
AUD/NZD approaching short-term support levels
The AUD has dipped in early 2014 trade with AUD/USD trading near .8880 and AUD/NZD back testing…
January 2, 2014
Good luck in 2014 (and a few trading rules to remember)
Build your account steadily and don't risk too much on one trade; Increase risk when you are in…
December 31, 2013
2014 predictions: USD/JPY- sell rallies to 112.00
Since I started trading in 1986, the one constant has been a bearish USD/JPY trend; There is…
December 31, 2013
2014 predictions: EUR/USD- stay in range trading mode
Trade IdeasFXWW NewsEUR crosses
The EUR is always just one headline away from a big sell-off; EUR/USD has been trading sideways…
December 31, 2013
2014 predictions: Cable- the only way is up
Trade IdeasFXWW NewsGBP crosses
Cable is headed much higher still. The market is only starting to turn bullish having missed the…
December 31, 2013
2014 predictions: AUD/USD- pick the 20 big figure range
Looking back over the years you will probably find that the AUD/USD tends to trade inside of a 20…
December 31, 2013
Out with the old, in with the new
AUD,NZDJPY crossesFXWW NewsEUR crossesGBP crosses
The FX market has stayed quiet and overall turnover is very low. The last day of 2013 is unlikely…
December 30, 2013
USD/JPY: Major technical resistance at 105.50
Technical AnalysisFXWW NewsUSD/JPY
The 61.8% retracement of the big downmove from 124.00 to 75.50 comes in near 105.50 (see chart).
December 30, 2013
AUD/NZD trade idea: Buy intraday dips towards 1.0800
Current levels below 1.10 are 'irrational' imho but as we know the market can stay irrational…
December 30, 2013
Yen crosses focusing on new topside targets
EUR/JPY gapped higher on Friday in extremely thin trading conditions and more gains towards 149.00…
December 30, 2013
Cable: Stay in dip-buying mode
Regardless of what is happening in the market, it all seems to be bullish for the cable. The Yen…