March 22, 2013
Cable: Flow guy still thinks it will be toppy above 1.5225
GBP crossesFlows and OrdersJPY crossesTrade IdeasEUR crosses
If you've been following his information in recent weeks, you will be aware that he's been…
March 22, 2013
EUR/JPY: Reports emerging on where the large trailing stops are placed
Technical AnalysisJPY crossesTrade IdeasFlows and Orders
Prime broker reports suggest that many of the really big EUR/JPY long positions are getting a bit…
March 22, 2013
EUR/JPY continues its yo-yo week
USD/JPYJPY crossesFlows and OrdersAUD,NZDEUR crossesGBP crossesTrade IdeasEUR/USD
From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…
March 21, 2013
WestPac issue short AUD/NZD recommendation
This makes good sense after the big move higher in recent weeks. Today's GDP data should give the…
March 21, 2013
No bright trade ideas this afternoon
AUD,NZDJPY crossesTrade IdeasUSD/JPY
The trades that could tempt me are: Short USD/JPY with stop above 96.70. Long AUD/USD at 1.0370,…
March 20, 2013
Cable: Still happy to try and pick an interim top above 1.5225
First one way then the other, don't you just love the cable. Market might be caught a bit short…
March 20, 2013
Cable: Bids still reported near 1.5060
Same source as yesterday afternoon so these buyers are staying patient. There is plenty of event…
March 20, 2013
EUR/USD: Hasn’t been able to consolidate below 1.2870
The bulls will be slightly more optimistic after prices failed to consolidate the bearish break…
March 20, 2013
EUR/JPY: Looking to sell intraday rallies
I've booked most of the profits on my short position from yesterday afternoon and am looking to…
March 20, 2013
AUD: Torn between AUD/JPY and EUR/AUD flows
AUD/JPY fell last night as the market reverted to risk-aversion mode, but this pair is still…
March 19, 2013
EUR/JPY: Should find decent support at 122.70
Technical AnalysisTrade IdeasJPY crosses
That was yesterday's intraday high during Asian trade and I will look to cover part of my short…
March 19, 2013
Reports suggest that Cyprus unlikely to approve bank levy in current form
I'm not sure that they really have much choice at the end of the day, as the obvious alternative is…
March 18, 2013
EUR/JPY: Back under pressure again
Hedge funds were selling USD/JPY earlier today as it approached 95.00 and liquidity was very poor…
March 18, 2013
Cable: Range-bound with rally-selling bias
Technical AnalysisTrade IdeasGBP crosses
With EUR/GBP now starting to retrace pretty significantly, cable should find plenty of support on…
March 18, 2013
USD/JPY: Favour buying dips to 93.80
I think the USD may rebound once all the cross activity has been taken care of so I'm looking to…
March 18, 2013
EUR/USD trading 100 pips lower after Cyprus bank tax
EUR/USDEUR crossesTrade IdeasUSD/JPY
EUR/USD opened 100 pips lower after EU FinMins agreed to Cyprus imposing a tax on bank deposits.…
March 17, 2013
Trading opportunities on Monday morning
GBP crossesFlows and OrdersUSD/JPYTrade IdeasAUD,NZD
I'm not expecting much volatility on Monday morning but those with early interbank access can…
March 15, 2013
Cable: If you’re looking for a place to sell….
Flows and OrdersTrade IdeasGBP crosses
My old friend the flow guy has resurfaced again and he reckons that some of the big players are…