November 9, 2012
USD/JPY: Barrier protection at 79.00
Lots of talk of big bids and barrier protection ahead of 79.00 but I'm still short and happy to…
November 9, 2012
Orders pretty light across the board
EUR/USDGBP crossesFlows and OrdersUSD/JPY
Dealers say that only USD/JPY is showing any sign of decent order activity, with solid buy orders…
November 9, 2012
USD/JPY: Should be toppy now near 80.00
I'm looking to increase my short position on rallies and I think the market will struggle to get…
November 9, 2012
USD/JPY: Stops triggered but bids reported near 79.25
The short-term market is being squeezed but the macro longs still probably feel safe whilst…
November 8, 2012
Risk sentiment turns very sour indeed
The bulled-up analysts got it wrong, initially at least, after yesterday's election result and the…
November 7, 2012
USD/JPY trade update
For those who like watching torture live, they can track my USD/JPY trade in the members section!…
November 7, 2012
Bank analysts: Bullish notes on JPY crosses
I'm just reading two notes from respected bank analysts and both are suggesting that we may be in…
November 7, 2012
USD/JPY: Japanese retail buyers out in force
Reports in the market suggest that it was heavy buying from Japanese retail accounts after the US…
November 7, 2012
Twitter going crazy now that election is over
I only follow about 30 industry professionals yet my Twitter page is updating every few seconds.…
November 7, 2012
Obama re-elected, now what? I’m selling USD/JPY
For me the obvious trade is to be short USD/JPY so I've taken a small position at 80.00 and will…
November 7, 2012
Risk trades turn higher with Obama on edge of victory
I thought an Obama win was expected to be risk-negative? Seems not, and the risk trades have turned…
November 7, 2012
USD/JPY: Watch for more heavy downside stops
Short USD/JPY has been the most obvious play for those who thought Obama would win so with the…
November 7, 2012
USD/JPY: Should be the most volatile pair after election results
The theory is that a Romney win would be risk-positive and USD-positive, which would suggest a…
November 7, 2012
Professional market positioning turns short EUR again
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
The biggest position amongst professional players at the moment is short EUR, according to data…
November 7, 2012
FX market still in stop-loss mode: Positioning light ahead of election results
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
My main feeling at the moment is that the market is still in stop-loss hunting mode. Yesterday we…
November 6, 2012
USD/JPY: More stops below 79.90
EUR/USDFlows and OrdersUSD/JPY
I thought we might be done but seemingly not, with more stops reported below 79.90. (Edit) EUR/USD:…
November 6, 2012
USD/JPY: Looks like most of weak stops now done
Those trailing stops below 80.00 have been done so now we've gotta figure out where the next batch…
November 6, 2012
AUD/JPY selling interest ensures USD/JPY stops get done
AUD,NZDFlows and OrdersUSD/JPY
Decent-sized selling interest in AUD/JPY near 83.60, coupled with a bullish AUD/USD, has ensured…