August 8, 2013
AUD retraces earlier gains after jobs data
The unemployment rate fell slightly but the economy created less jobs and the AUD/USD has given…
August 8, 2013
AUD on the move early
Trade IdeasAUD,NZDFXWW NewsFlows and Orders
Overnight highs above .9020 have been taken out and the bears will be getting worried. I'm looking…
August 8, 2013
Old cable traders made to feel young again; and cable heading higher
Trade IdeasFXWW NewsGBP crosses
It was a crazy trading period for the cable whilst the BOE were issuing their forward guidance. It…
August 8, 2013
USD/JPY: Still bearish but cover shorts ahead of BOJ
I'm still short of USD/JPY and with the really big players selling in recent days, I'm in no big…
August 8, 2013
AUD/USD: Big day of data; one good piece will start short-covering binge
It's a big day of data with Australian jobs, Chinese trade, and of course the BOJ rate decision.…
August 8, 2013
Aug 8th: USD bulls getting squeezed as liquidity diminishes
USD/JPY has continued with it's slide south as trailing stops seem to get triggered every 50 pips…
August 7, 2013
Cable: Back to the good old, wild old days
Trade IdeasFXWW NewsGBP crosses
Sorry but I've been tied up with admin surrounding the chat-room but I've obviously been watching…
August 7, 2013
AUD/JPY breakdown weakens the case for ‘bottom-picking’ the AUD
Trade IdeasGBP crossesFXWW NewsJPY crosses
More stops have just gone off below 97.00 in USD/JPY and I think this will be a common theme in…
August 7, 2013
USD/JPY: Stops triggered below 97.50
Technical AnalysisUSD/JPYFXWW NewsFlows and Orders
The next leg of the run lower has started to pick up pace with the break below 97.50. There isn't…
August 7, 2013
FXWW/RM chat-room update
Thanks to all those who've applied for access to the new FXWW/Reuters Messenger chat-room which is…
August 7, 2013
EUR/USD: More gains ahead, targeting 1.3350 option barrier
Trade IdeasEUR crossesFXWW NewsEUR/USDOpen/Wrap
Despite reports of really heavy selling at every level, we have still managed to close above 1.3300…
August 7, 2013
JPY outlook, Wednesday August 7th
USD/JPYOpen/WrapFXWW NewsJPY crosses
USD/JPY sitting on technical support near 97.50 and we can expect stops below there. China noted…
August 7, 2013
AUD/USD outlook, Wednesday August 7th
The AUD looks reasonably stable this morning after yesterday's 25bps rate cut. Today's economic…
August 6, 2013
Cable longs in play, initial target at 1.5435
Trade IdeasFXWW NewsGBP crosses
I took a small long position earlier today at 1.5350 (see post) for the very unscientific reason…
August 6, 2013
AUD/JPY: Possible double-bottom now at 87.20
Trade IdeasAUD,NZDFXWW NewsTechnical Analysis
This cross should be very interesting in coming sessions with a possible double-bottom at 87.20 and…
August 6, 2013
AUD looking modestly bullish after RBA
25bps rate cut as expected but the market reaction is interesting; AUD/USD has taken out stops…
August 6, 2013
What to expect from the RBA
A 25 bps rate cut is priced in and if we do get the cut as expected, I'd think we might get a…
August 6, 2013
USD/JPY: Covering shorts at 98.10
Trade IdeasUSD/JPYFXWW NewsFlows and Orders
I'm booking my 140 pip profit (see trade) as I want to concentrate on the AUD around the time of…