May 20, 2013
AUD targets trailing stops
I'm pretty comfortable with the fact that I closed my EUR/AUD longs as the AUD certainly feels…
May 16, 2013
Welcome to the new blog home page
It looks like we are nearly ready to switch over from the old blog so if there are any major issues…
May 9, 2013
Algos take a bath after data dump
The Chinese CPI came out a few seconds before the jobs data, and Algos were busy selling the…
May 8, 2013
Best to stay with crosses for trading opportunities
Whether it be GBP/NZD, CAD/JPY or EUR/AUD, I think we are likely to find more volatility, more…
April 23, 2013
AUD/JPY: Booking some intraday profits
Now that the data is out maybe it's time to book some interim profits. Look now to resell rallies…
April 19, 2013
Gold gets lift from Swiss referendum news
I really don't know enough about Swiss politics to know whether this is a serious undertaking or…
April 17, 2013
Last time EUR/JPY had big dip it rallied 500 pips initially
Just thinking back to when EURJPY dipped from 125 to 119, it managed to rally back to 124 before…
April 12, 2013
Don’t like the look of these Yen crosses
I'm not sure what is going on which is never a healthy sign so I'm taking my 20 pip loss in the…
April 12, 2013
Prop trading system turns golf tipster
This sophisticated system turned its eyes on the Masters golf tournament this week and it based its…
April 10, 2013
EUR/JPY establishing a foothold above 130.00
Finally a bit of movement in the FX market with EUR/JPY trying to establish a foothold above…
April 10, 2013
Lack of volatility, lack of feeling
I'm still running some small strategic positions in USD/CHF and EUR/AUD but I'm finding it hard to…
April 9, 2013
Cable: 1.5250 confirmed as vital pivot
It's funny how the same levels keep cropping up again and again. This level was weekly support,…
April 9, 2013
Kiwi keeps on powering higher
The NZD is trading at post-float highs on its TWI and is showing no signs of slowing down. Those…
April 8, 2013
Yen fairly steady in early Tokyo trade
No sign of any more panic selling of the Yen and USD/JPY is relatively stable around 98.50 as Asia…
April 8, 2013
Cable: Topside stop done but still bearish overall
FXWW NewsGBP crossesTrade Ideas
Huge move in GBP/JPY on Friday ensured that those large stops I mentioned were easily accounted for…
April 5, 2013
USD/JPY: Prior highs at 96.70 now first support
Best be careful if short of this pair as I'm not sure how far it or the Yen crosses can run.
April 5, 2013
USD/JPY: Takes out recent highs
No point in fighting this trend and recent highs at 96.70 have now been breached. It would be a…
April 4, 2013
USD/JPY testing Tuesday’s lows
No reports yet that the big bids from Tuesday towards 92.50 are still in play; perhaps they've…