November 5, 2012
USD/JPY: Stops building below the market
The first batch of sizeable trailing stops are reported below 80.10.
November 5, 2012
AUD/JPY: Given market’s penchant for range trading, shorts preferred from current levels
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
Unless you have a really strong reason for wanting to be long at the moment, I'd suggest that…
November 2, 2012
Very quiet Asian session ahead of risk events tonight
Absolutely nothing to report from today's 'excuse' for a trading session. AUD/USD took out light…
November 2, 2012
USD slightly higher across the board in Asian trade; shorts covering ahead of NFP
AUD/USD triggered those aforementioned light stops above 1.0415 but stalled exactly at the reported…
November 2, 2012
Finding the trade most likely to stuff the most people
It's a sad state of affairs but most movement in the market at the moment is caused by…
November 1, 2012
EUR/USD: Sovereign buyers reported below 1.2920
USD/JPYFlows and OrdersAUD,NZDEUR/USD
AUD/USD: Reserve managers buying 1.0310/20; solid offers still 1.0400 with stops above 1.0415:…
November 1, 2012
USD/AXY flows point towards further EUR/USD support
USD/JPYFlows and OrdersAUD,NZDEUR/USD
Asian central banks have been busy again with the Bank of Korea and the Hong Kong Monetary…
November 1, 2012
USD/JPY back above 80.00; AUD/JPY important resistance at 83.55 now looms
Technical AnalysisJPY crossesUSD/JPY
Not so much fanfare this time, but perhaps that means that the move can have more legs this time?…
October 31, 2012
Few comments re market positioning
Flows and OrdersUSD/JPYAUD,NZD
The professional market and the retail market act in different ways. If you read that the retail…
October 31, 2012
Professional market positioning overview: EUR shorts on increase again
USD/JPYFlows and OrdersAUD,NZDGBP crossesEUR/USD
I collate this data from 3 of the biggest prime brokers and one leading investment bank. In…
October 30, 2012
The only reason to buy JPY is to cut existing positions
The BOJ action of today is certainly not a strong signal to suddenly buy the Yen. On the contrary,…
October 30, 2012
Levels to watch post-BOJ
JPY crossesTechnical AnalysisUSD/JPYFlows and Orders
USD/JPY: Sell orders reportedly heavy 80.40/50 and again near 80.85/90; stops reported below 79.50…
October 30, 2012
BOJ running late
We normally would have the BOJ decision by now, but remember this is a one-day meeting, not the…
October 30, 2012
Some hedge fund interest to buy USD/JPY
Flows and OrdersJPY crossesUSD/JPY
Dealers say that demand for USD/JPY has been very steady over the past 2 hours but that EUR/JPY…
October 28, 2012
EUR/JPY trade update
As always with these things, I wish I'd sold more but such is the nature of trade-building…
October 26, 2012
USD/JPY: Stops getting triggered and not many bids in sight
No buyers today it would seem in USD/JPY and the pair is back below 80.00 driven by long…
October 26, 2012
Quick overview of Asian trade
Regional stocks around 1% lower: South Korean economy grew at slowest pace in 3 years: Risk trades…
October 26, 2012
Asia settling in for a quiet trading session
There was some JPY demand into the Tokyo fix which saw USD/JPY and EUR/JPY ease somewhat but that's…