March 8, 2013
EUR/JPY: Bull trend back in control again
My feeble attempt to pick an interim top didn't last very long but thankfully the position was…
March 7, 2013
EUR/JPY: Time to try the short trade again
Short at 122.40 and will add to position if an hourly high can form below 122.70. Stops above…
March 7, 2013
AUD/USD: Risk-reward favours selling intraday rallies.
The earlier dip in AUD/USD after the record trade deficit didn't last very long and the Aussie once…
March 7, 2013
GBP/AUD: Diverging Central Bank expectations keep the pressure on
The problem with experience is that we have seen pairs like GBP/AUD at much higher levels (twice as…
March 5, 2013
EUR price action belies the bears
I've read some very bearish EUR analysis from very respected sources but I just don't think that…
March 5, 2013
Think you’re bullish USD/JPY? How about 200!
Jeffrey Gundlach manages a $56 billion bond fund and he was quoted in a newspaper interview as…
March 5, 2013
The hot hand is cooling off
I don't think it's being overly immodest to admit that I had a great start to the year. EUR/CHF,…
March 4, 2013
Cable likely to lead the way in London trade
It's hard to find a weaker currency than the GBP at the moment and on the opposite side of the…
March 4, 2013
EUR/USD outlook
Trade IdeasEUR/USDTechnical Analysis
I'm still of the opinion that EUR/USD is in a longer term holding pattern around 1.3000 and if we…
March 1, 2013
EUR/GBP: Technical trade idea for bulls
Trade IdeasEUR crossesTechnical Analysis
One of the technical strategists I've been following has sent me a very impressive argument for…
March 1, 2013
Local banks recommends short-term NZD/USD shorts
One of the bigger players in the Kiwi market has gone short at .8260 with a stop-loss at .8360 and…
March 1, 2013
Cable: Prefer to buy intraday dips for 1.5250 test
USD/JPYGBP crossesTrade IdeasAUD,NZDEUR crossesEUR/USD
I still feel that last Friday's gap in late NY trade from 1.5250 is likely to be closed. I prefer…
February 28, 2013
AUD/JPY: Flow guy suggests selling at 95.10/20
Haven't heard from him for a few days but his info has been generally quite good. He says there are…
February 28, 2013
EUR/JPY: Still undecided if reversal or retracement
Trade IdeasJPY crossesTechnical Analysis
I still prefer the short-term sell-rally play and I'm looking at resistance levels near 122.30/50…
February 28, 2013
EUR/CHF: Taking some profit off the table
I was lucky enough to buy at the lows on Monday when trend-line support held near 1.2125 and I'm…
February 27, 2013
Nice risk-reward for cable bulls
This optionality ahead of 1.5050 has been well-reported for some time now and the fact that we…
February 27, 2013
EUR/JPY: Short-term wedge with parameters at 119.20/120.70
Trade IdeasJPY crossesTechnical Analysis
The hourly chart is forming a wedge pattern (I've posted it in the members) with parameters at…
February 27, 2013
EUR/JPY: Retracement or reversal
On Monday I was 95% certain that we were due for a retracement, yesterday morning I was 100% sure…