February 26, 2013
AUD/USD: Bullish trade idea targeting 1.1200
I've just read a trade idea from a professional trader which is certainly very different to the way…
February 26, 2013
EUR/JPY: Eyeing previous hourly lows as potential entry point
EUR/JPY has returned to 121.30 as the wild volatility continues and I'm looking to previous hourly…
February 26, 2013
EUR/JPY: Last night’s price action screams lower
Flows and OrdersTrade IdeasJPY crosses
I'm seriously reassessing my medium term bullish EUR outlook after the price action overnight and…
February 26, 2013
EUR/JPY: Looking to sell rallies
I'm not sure where those rallies might be, but anything now around 122.50 must be considered a good…
February 26, 2013
EUR crosses: Looking bit oversold
EUR/JPY had a 'smell' about it all day yesterday and whilst I didn't expect such a big sell-off,…
February 25, 2013
EUR/JPY: Still like the sell short-term rally play
I still like the Pennant formation in EUR/JPY (updated in Members) and this suggests that we…
February 25, 2013
If we would only wait for the ‘silly’ trading opportunities
There were 2 no-brainer trades this morning: The GBP was way oversold after the UK downgrade and…
February 25, 2013
EUR/JPY: Now looking to re-sell on rallies
I'm starting to feel 20 years younger with my day-trading hat on. I still firmly believe that this…
February 25, 2013
Cable: Good risk-reward for bulls buying at 1.5100
We've been down as far as 1.5075 from 1.5250 since the news of the downgrade was released in NY…
February 25, 2013
Retail market smashes EUR/JPY back down on open
Looks like the retail market agrees with me and we've seen a big dip in EUR/JPY right on the…
February 25, 2013
EUR/JPY: Small short position in play
EUR crossesTrade IdeasJPY crosses
Prices have reached the top of the Pennant formation which I've been tracking (see members) and…
February 24, 2013
GBP to be the main focus on Monday morning
Cable fell by about 90 pips in thin late-NY trade after Moody's downgraded the UK by 1 notch. This…
February 22, 2013
Technicals updated
GBP crossesTechnical AnalysisJPY crossesTrade IdeasEUR crosses
EUR/GBP has retraced to 38.2% level. EUR/JPY still inside the pennant formation. EUR/USD looking…
February 21, 2013
Profit target hit in EUR/JPY
Many thanks to Jordan for pointing out the possible EUR/JPY double-top this morning and whilst I…
February 21, 2013
EUR/JPY weakness starting to intensify
Nice pick-up on the EUR/JPY double top (thanks to Jordan) and it's worked a treat so far. It really…
February 21, 2013
EUR/JPY: Dealers eyeing possible double-top on short-term charts
Technical AnalysisTrade IdeasJPY crosses
As you probably well know, I like my topping formations to be perfect and also to be at interim…
February 21, 2013
EUR/JPY intraday moves dependent on what happens at 1.3260 in EUR/USD
I favour a test of the lower end of the EUR/JPY pennant formation which comes in around 122.00. In…
February 20, 2013
Big banks analysis of cable becoming increasingly bearish
After reading 3 separate reports this morning from some of the biggest banks in the market, I'm…