June 7, 2013
Another good night for the good guys!
All of my trades worked out nicely and this business can really deliver highs and lows, but…
June 6, 2013
Come on Aussie, just another 80 pips!
AUD,NZDGBP crossesTrade IdeasUSD/JPY
I'm stuck with a bad AUD/USD position from yesterday at .9600 and being a stubborn old goat, I…
June 6, 2013
USD/JPY: Could be back at 90 in a few weeks time
This pair looks really really dangerous to me, just have a look at the weekly chart and its…
June 5, 2013
AUD/JPY: Touching Fibo support at 95.50
Trade IdeasJPY crossesFXWW NewsTechnical Analysis
The 38.2% retracement of the big upleg from 79.50 to 105.50 comes in right on current levels at…
June 5, 2013
Cable: Very heavy turnover reported overnight; 1.5150/1.5370 range favoured
Flows and OrdersTrade IdeasGBP crosses
At least 3 of the big banks are reporting very heavy turnover in the cable overnight and the…
June 5, 2013
USD/JPY: Selling rallies towards 101.00 preferred
Technical AnalysisTrade IdeasUSD/JPY
Prime brokers report that short-term speculators are building long positions around 100.00. The…
June 5, 2013
AUD/NZD: Range traders have done well recently in this pair
The non-sexy side of FX trading is usually the most profitable, not aiming for 25 big figure moves…
June 4, 2013
USD/JPY: Reducing shorts, looks like I might have the wrong levels
No point in hanging on to positions that I'm not sure about. I sold at 100.06 and 30 but have…
June 4, 2013
Cable trade: Interim profit booked now wait and see
The double-bottom here has worked nicely and I've sold 1/2 my position at 1.5315 for a 135 pip gain…
June 3, 2013
Cable: Looking to book interim profits at 1.5315
I've got an offer in for 1/2 my position at 1.5315; if done I will look to re-load on dips back…
June 3, 2013
Cable looking well bid in early European trade
Technical AnalysisTrade IdeasGBP crosses
As I mentioned earlier, resistance in EUR/GBP above .8590 is also starting to look very solid…
June 3, 2013
GBP looks like a decent risk-reward long play
Cable has formed a double-bottom with a neckline at 1.5150; reasonably good risk-reward in being…
June 3, 2013
AUD/JPY: Look to play 95.50/97.00 range
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
This pair is in full retracement mode with an obvious target at a 38.2% retracement level near…
June 3, 2013
Time to re-group after Friday’s heavy flows
AUD,NZDGBP crossesTrade IdeasUSD/JPYOthers
It's pointless looking for logic once big asset manager month-end flows hit the market; they deal…
May 31, 2013
AUD/JPY still falling hard
AUD,NZDOthersTrade IdeasJPY crosses
These end-of-month flows must be very large indeed as the cross continues to fall hard and AUD/USD…
May 31, 2013
Cable: Small longs at 1.5210
I just bought small longs in the cable at 1.5210 as I feel the need to have an interest in this…
May 31, 2013
EUR/USD: Still the trade most likely to stuff the most people
As we know, the FX market will usually go where it can cause the most people the most pain. To me,…
May 31, 2013
FX market still in cross-movement phase
EUR/USDUSD/JPYOthersTrade IdeasAUD,NZDGBP crosses
I'm still of the opinion that we are in a cross-movement phase of the FX market with the AUD…