June 12, 2013
GBP/CHF: Exiting at break-even; think timing is wrong
Trade IdeasGBP crossesFXWW NewsJPY crosses
I think these are perfect markets for intraday swingers with 200 pips readily available on almost a…
June 12, 2013
USD/JPY weakness affects all other major pairs
Trade IdeasUSD/JPYFXWW NewsAUD,NZDGBP crosses
I think they are called 'no-brainer' trades for a good reason and yesterday morning's open near the…
June 11, 2013
EUR/GBP: Intraday short-squeeze, next resistance at .8560
Slightly softish UK data has seen the GBP slide slightly on the crosses; next short-term technical…
June 7, 2013
Cable: wait for big dips to re-enter longs
There's a lot of readjustment going on in the crosses with GBP/AUD buying, GBP/JPY selling etc…
June 6, 2013
Come on Aussie, just another 80 pips!
AUD,NZDGBP crossesTrade IdeasUSD/JPY
I'm stuck with a bad AUD/USD position from yesterday at .9600 and being a stubborn old goat, I…
June 6, 2013
Cable looking bullish in early London trade
The proud old English pound is strutting her stuff in early European markets, up against most of…
June 6, 2013
Cable: Buying dips preferred during Asian session
The break above 1.5375 technical resistance opens the way up for further gains in the GBP/USD. The…
June 5, 2013
Cable: Remember big level at 1.5375
Monday's highs are also the 61.8% retracement of 1.5605/1.5010 and if that levels can hold again…
June 5, 2013
Cable: Very heavy turnover reported overnight; 1.5150/1.5370 range favoured
Flows and OrdersTrade IdeasGBP crosses
At least 3 of the big banks are reporting very heavy turnover in the cable overnight and the…
June 4, 2013
Cable: Looking bit heavy in early European trade
I sold 1/2 my long position overnight at 1.5315 and will look to buy it back on any big dips…
June 4, 2013
Cable trade: Interim profit booked now wait and see
The double-bottom here has worked nicely and I've sold 1/2 my position at 1.5315 for a 135 pip gain…
June 3, 2013
Cable: Looking to book interim profits at 1.5315
I've got an offer in for 1/2 my position at 1.5315; if done I will look to re-load on dips back…
June 3, 2013
Cable looking well bid in early European trade
Technical AnalysisTrade IdeasGBP crosses
As I mentioned earlier, resistance in EUR/GBP above .8590 is also starting to look very solid…
June 3, 2013
Majors staying quiet in mid-Asian trade
Nothing much to report in the majors; the AUD has made some small gains but I think European…
June 3, 2013
GBP looks like a decent risk-reward long play
Cable has formed a double-bottom with a neckline at 1.5150; reasonably good risk-reward in being…
June 3, 2013
Time to re-group after Friday’s heavy flows
AUD,NZDGBP crossesTrade IdeasUSD/JPYOthers
It's pointless looking for logic once big asset manager month-end flows hit the market; they deal…
May 31, 2013
Cable: Small longs at 1.5210
I just bought small longs in the cable at 1.5210 as I feel the need to have an interest in this…
May 31, 2013
FX market still in cross-movement phase
EUR/USDUSD/JPYOthersTrade IdeasAUD,NZDGBP crosses
I'm still of the opinion that we are in a cross-movement phase of the FX market with the AUD…