February 22, 2013
EUR/GBP: Next technical support levels at .8605 and .8570
The 50% retracement of .8445/.8765 comes in around .8605 and there are some hourly lows around the…
February 22, 2013
Technicals updated
Technical AnalysisJPY crossesTrade IdeasEUR crossesGBP crosses
EUR/GBP has retraced to 38.2% level. EUR/JPY still inside the pennant formation. EUR/USD looking…
February 21, 2013
Another old adage: GBP market always ignores what happens in Asia
Cable is back close to regaining 1.5200 and another old market saying is that the London market…
February 21, 2013
Levels to watch during European trade
AUD,NZDGBP crossesEUR/USDJPY crosses
AUD/USD: 1.0200 is where barriers are reported and Sovereign-type bids are also expected. EUR/USD:…
February 21, 2013
Cable: Still no bids in sight, its never too late to sell sterling
The cable has had another vertical fall, 75 pips this time, and as the old saying goes, "its never…
February 20, 2013
Cable: lack of buyers is the main problem
Sounds pretty obvious I know, but the market wants to sell and no-one wants to buy and therefore…
February 20, 2013
Big banks analysis of cable becoming increasingly bearish
After reading 3 separate reports this morning from some of the biggest banks in the market, I'm…
February 19, 2013
EUR/GBP: Flow guy says sell at .8660/70
Flows and OrdersGBP crossesTrade IdeasEUR crosses
His info has been pretty excellent recently so definitely worth watching this level. This guy has…
February 18, 2013
Cable: There are still some who think it goes up
I must admit that the cable looks terrible to me but someone who started trading it even before I…
February 15, 2013
Short-term technicals updated
EUR/USDJPY crossesTechnical AnalysisAUD,NZDGBP crosses
I've updated some of the shorter-term technicals in the members section: EUR/JPY; still trading in…
February 14, 2013
GBP/JPY should be a good pair to trade during the European session
That's if you're feeling brave as it can tend to swing around the place quite violently. Both the…
February 14, 2013
Cable downtrend looks ready to accelerate; 1.40 here we come.
The cable has a very nasty feel to it at the moment and the medium term sideways movement, which…
February 12, 2013
Cable looking ominously soft
The GBP certainly has a soft feel to it and the strong rebound in EUR/GBP has given more momentum…
February 11, 2013
Cable should find some support as EUR/GBP sellers appear
The cross is up 50 pips already today and cable has been hammered down 100 pips but we should see…
February 11, 2013
Not seeing too many clear-cut trades at the moment
GBP crossesFlows and OrdersAUD,NZDJPY crossesOthersTrade IdeasEUR/USDEUR crosses
EUR/JPY still looks soft but the risk-reward in selling at current levels is not very attractive,…
February 8, 2013
Trade of the day: Buy cable at 1.5670
I haven't done a trade of the day for a while but I really do like an intraday long cable play near…
February 6, 2013
EUR/GBP: Has scope for another 600 pips rise
EUR crossesTrade IdeasGBP crosses
EUR/USD is trading bullishly and buying any deep dips seems like a very logical play. It's…
February 4, 2013
Cable: Still some buying interest 1.5660/70
Exactly the same as when we were down at these levels 2 weeks ago, there are solid bids reported…