November 19, 2014
Cable: Hanging onto long position for now
Prices are back near my entry levels and the sideways price action in cable is starting to look…
November 19, 2014
AUD/NZD: Consolidation range 1.09/1.13 still in control
Nice call in AUD/NZD from Morgan Stanley last night to buy the dip ahead of the milk auction, and…
November 19, 2014
You Get What You Want From the Market
“Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so…
November 18, 2014
RBA minutes set for release today
The minutes from the November meeting of the RBA will be released at 11.30 am Sydney time and they…
November 17, 2014
Make Your Weakness Your Strength
Do you have market conditions that you just hate? Maybe the trend is your friend, but your trading…
November 17, 2014
Cable: Long position looking more secure
I started building a long position on Friday and managed to get into the market at some favourable…
November 17, 2014
SNB Jordan: Gold referendum threatens CHF cap
Jordan also renewed the SNB's criticism of the proposal, which he said would fuel unemployment,…
November 17, 2014
AUD/JPY trading higher in early trade post G-20
USD/JPY is trading above 116.50 in early interbank trade and the AUD/USD is holding steady near…
November 14, 2014
Definitive definitions: Prop traders, dealers, strategists, etc
I know most retail traders like to think of themselves as being traders, market makers, economists…
November 14, 2014
Cable: Looking to start building long position again
My long-term macro view remains unchanged, namely that we should be buying GBP and the commodity…
November 14, 2014
The changing face of the FX marketplace
New official rules will come into place on January 1st which will basically spell the end of all…
November 14, 2014
USD/JPY: Feels like typical bullish consolidation- next target 117.50
Every pullback seems to run into a myriad of bids and this type of sideways trading after a big…
November 14, 2014
EUR/USD: Prefer to buy intraday dips for possible short-squeeze
Notwithstanding the fact that the SNB is upsetting the market equilibrium with their ill-advised…
November 13, 2014
EUR/CHF update: Decent orders either side of very tight range
An analysis of the big interbank trading platforms from Morgan Stanley is showing very solid offers…
November 13, 2014
EUR/CHF: Bids getting lighter towards 1.2000
Overnight reports from the interbank market suggest that the bids on the interbank platforms below…
November 13, 2014
Cable: Getting close to interesting levels
As a definite non-believer in the current USD rally, I've been biding my time and waiting for for a…
November 13, 2014
How I Plan My Forex Trading on the Weekend
My girlfriend always laughs at me, but I like to look at charts for relaxation. Much of my trade…
November 12, 2014
USD/JPY: Plenty of volatility, direction still bullish
The day-traders can't complain about the opportunities in USD/JPY with multiple opportunities to…