January 7, 2014
EUR/GBP: Staying in the bear camp
The market tried to push the GBP lower after lower-than-expected PMI numbers; Cable is working…
January 7, 2014
Yen showing modest strength but unable to build on yesterday’s gains
USD/JPY will look toppish so long as the long-term Fibo at 105.50 continues to hold firm; a break…
January 6, 2014
EUR/JPY; trade idea for the bears
JPY crossesFXWW NewsEUR crossesTrade Ideas
If you are bearish EUR/JPY and anticipating a developing topping pattern; Sell as close to 142.80…
January 6, 2014
JPY crosses breaking lower
FXWW NewsJPY crossesTrade Ideas
GBP/JPY is testing previous highs at 171.00 and a clean break targets 170.00. The latter is a very…
January 6, 2014
EUR crosses: Still significant optionality at .8250 in EUR/GBP
EUR crossesFXWW NewsEUR/USDFlows and Orders
This level in EUR/GBP is likely to be tested in coming sessions (PB); EUR/AUD- developing…
January 6, 2014
AUD: Should be whippy this week ahead of FOMC and Chinese data
AUD/NZD is again challenging support levels between 1.0750/1.0800; AUD/USD is still in a downtrend…
January 6, 2014
Cable: Testing short-term support levels near 1.6400
Buying big dips is still the obvious play here but it's come a long way over the last few months…
January 6, 2014
USD/JPY: Should range trade ahead of Fed
The market will start returning to normal after the lengthy holiday periods; Thursday's FOMC will…
January 3, 2014
USD/JPY: Stops triggered in thin markets; technical support at 104.15/20
USD/JPYFXWW NewsFlows and OrdersTechnical Analysis
Markets remaining very illiquid during holiday period and stop-loss orders make easy pickings;…
January 3, 2014
Cable: Looking for buying opportunities near 1.6400
GBP crossesFXWW NewsTechnical AnalysisTrade Ideas
The GBP was hit across the board after not-so-impressive economic data; EUR/GBP looks to be in a…
January 3, 2014
USD/JPY: Technical resistance at 105.50 looking more formidable
FXWW NewsUSD/JPYTechnical Analysis
Profit taking in illiquid markets in the Yen crosses was the main feature in overnight trade;…
January 2, 2014
Cable: I’m expecting base to form now above 1.6400
FXWW NewsGBP crossesTrade Ideas
Obviously the market is remaining very thin during the New Year holiday period but the inability of…
January 2, 2014
USD/JPY: Still eyeing major technical resistance at 105.50
FXWW NewsUSD/JPYTechnical Analysis
The 61.8% retracement of the big 124/75.50 collapse comes in at 105.50.
January 2, 2014
AUD/NZD approaching short-term support levels
The AUD has dipped in early 2014 trade with AUD/USD trading near .8880 and AUD/NZD back testing…
January 2, 2014
Good luck in 2014 (and a few trading rules to remember)
Build your account steadily and don't risk too much on one trade; Increase risk when you are in…
December 31, 2013
2014 predictions: USD/JPY- sell rallies to 112.00
Since I started trading in 1986, the one constant has been a bearish USD/JPY trend; There is…
December 31, 2013
2014 predictions: EUR/USD- stay in range trading mode
FXWW NewsEUR crossesTrade Ideas
The EUR is always just one headline away from a big sell-off; EUR/USD has been trading sideways…
December 31, 2013
2014 predictions: Cable- the only way is up
FXWW NewsGBP crossesTrade Ideas
Cable is headed much higher still. The market is only starting to turn bullish having missed the…