November 24, 2013
AUD/USD: Loss booked on long trade
My attempt at picking a short-term base in the AUD/USD was ill-conceived and I took a 73 pip loss…
November 22, 2013
AUD/NZD: Stops triggered below 1.1190
The low so far has been at 1.1175 and the market really doesn't like the AUD very much at all. I'm…
November 22, 2013
AUD/USD and Cable update
Trade IdeasJPY crossesFXWW NewsFlows and OrdersGBP crosses
Prime broker reports stops just above 1.6200 in cable but sell orders also seen 1.6215/20 which…
November 22, 2013
Cable: Expect test of 1.6250/60 later today
Trade IdeasGBP crossesFXWW NewsTechnical Analysis
Obviously talking my book here as usual but all the signs remain bullish for the GBP in my biased…
November 22, 2013
AUD/USD technicals: Let’s see if market can close below technical support levels
Technical AnalysisFXWW NewsAUD,NZD
The daily chart is showing support levels near .9225 and although we've seen a marginal break, we…
November 22, 2013
Major breaks on crosses should cause a re-think on AUD/USD, USD/JPY
Trade IdeasUSD/JPYFXWW NewsAUD,NZDJPY crosses
GBP/JPY made a significant move higher last night breaking above monthly highs at 163.00. It's…
November 21, 2013
USD/JPY: 1.7billion in option expiries at 101.00 later today
Flows and OrdersFXWW NewsUSD/JPY
That normally means that prices will gravitate towards this level as the expiry time approaches (NY…
November 21, 2013
AUD/USD slides below 100-dma after RBA chief says intervention can be effective
Don't get too excited, they won't be doing it any-time soon. Stops now getting triggered below…
November 21, 2013
GBP/JPY: Major resistance at 163.00
Technical AnalysisGBP crossesFXWW NewsJPY crosses
Huge level looming large for GBP/JPY at 163.00 (see chart). Normally these levels hold on the first…
November 21, 2013
USD/JPY: Very heavy turnover near 100.75
Trade IdeasAUD,NZDFXWW NewsFlows and OrdersUSD/JPY
The interbank market is reporting some very heavy turnover near 100.75, which was a recent daily…
November 21, 2013
Nikkei moving higher taking USD/JPY towards resistance levels
Recent highs in USD/JPY at 100.55/60 are edging closer with a break higher in the Nikkei the…
November 21, 2013
China PMI and BOJ to add volatility today
Trade IdeasJPY crossesFXWW NewsAUD,NZD
There are no significant trends in control at the moment so the best we can look for is some…
November 21, 2013
AUD/USD trade strategy
Overall I'm in the buy-big-dip camp but I think we may get a test of .9225 in coming days. I'm…
November 21, 2013
Trade ideas updated
NZD/JPY: Hopefully you took advantage of the rally to 83.95 yesterday and the short-term target is…
November 20, 2013
Free course on Financial Markets from Yale professor
There are a lot of cowboys in the market charging thousands for rubbish courses but this looks to…
November 20, 2013
Potential trade ideas for Asian session
Trade IdeasJPY crossesFXWW NewsAUD,NZD
NZD/JPY: Could be worth selling near 84.00 with a tight stop, especially if USD/JPY stays below…
November 20, 2013
USD/JPY: Don’t fancy buying dips at these levels
Resistance at 100.50/55 is still looking quite formidable and I don't see much value in buying…
November 19, 2013
NZD/JPY: Failure at 84.00 opens way for deeper pullback
Trade IdeasAUD,NZDFXWW NewsTechnical AnalysisJPY crosses
Modest up-trend still in control but we could see a pullback towards 81.00 after resistance levels…