The Pitfalls and Benefits of “Back-testing”


When I first started trading I would have spent hundreds of hours poring over charts back-testing…

USD/JPY: Risk-reward favours long-term top-pickers


Picking levels in USD/JPY is will nigh impossible and it really is a matter of watching the market…

AUD/USD: Looking for some range trading opportunities this week


It will be a quiet week for the AUD on the economic calendar and movements will be driven by…

Is Trading 100% Psychology?


People get exactly what they want out of the markets. Most people are afraid of success or failure.…

AUD/USD: Sideways pattern likely to break soon


AUD/USD has been trading in a wedge formation all week and the parameters are pretty tight now at…

Markets staying choppy but USD strength still main trend


USD/JPY made a strong break higher yesterday, taking out heavy sell orders near 107.50 and proving…

EUR/JPY: Nasty turnaround catches shorts unawares


The early EUR sell-off into early Europe had me thinking I was right only for the PMI numbers to…

NZD falls heavily after CPI data


Q3 CPI came in at 0.3% QoQ which was well below expectations. The NZD/USD is 100 pips lower since…

Trade of the Day, Thursday October 23rd: Looking to sell EUR/JPY


Markets are still pretty choppy and there don't seem to be any dominant factors influencing the…

AUD/USD: Cutting long position due to lack of activity


I've been long all week and the market is 30 pips higher! My general market timing has been very…

Plenty of big data releases today, Wednesday October 22nd


Australian CPI is expected to increase at a rate of 0.5% QoQ. The AUD/USD is consolidating in a 50…

Gold: Macro shorts unlikely to panic just yet


The Swiss Government and National Bank have certainly not been in favour of a referendum on Gold…

Concerns emerging over GPIF equity weighting change


Stops below 106.50 were triggered in USD/JPY as concerns emerge over exactly how the GPIF equity…

AUD/USD: Still long- .8850 looks to be crucial level


I'm happy to stick with my long position from yesterday but gains from here through .8850 are…

How to trade what’s in-front of you with market types: A technical lesson


You know the saying “the definition of insanity is doing the same thing and expecting different…

Looks like it should be a rangey, quiet session in Asia


USD/JPY ran into decent selling interest yesterday near 107.35, which is unsurprising given that it…

For those who still haven’t had a free trial in the FXWW chatroom on Reuters Messenger………..


If you like plenty of bank research and analysis, then you will love the FXWW chatroom. If you…

AUD/USD: Playing from long side to start the week


GPIF news from the weekend will have an impact on AUD/JPY sentiment; There is still expected to be…