April 8, 2013
Yen crosses: Still much too dangerous to try selling rallies
I think the market has turned universally bullish on the yen crosses and as I said on Friday, there…
April 5, 2013
Cable: Look to buy a break above 1.5280
Trade IdeasGBP crossesJPY crosses
It's all about the Yen crosses now and if cable breaks above very solid resistance at 1.5250/80…
April 5, 2013
EUR/JPY: 600 pip dips and 500 pip rallies
It was only a few weeks ago that EUR/JPY fell from 125.00 to 119.00 in a 24 hour period and now…
April 4, 2013
Let’s not sell EUR/JPY then
The JPY is on a runaway train and showing no signs of slowing. I sold small USD/JPY at 95.20 and I…
April 4, 2013
EUR/JPY: Trailing stop taken out above 120.40
I'm not sure if I'm the only short in the market with trailing stops? Probably not, which means at…
April 4, 2013
Looks like some hair-triggers in Yen market
USD/JPY went from 92.95 to 93.05 to 92.80 and back to 92.95 in a matter of minutes and it looks…
April 4, 2013
JPY: Time to reduce exposure ahead of BOJ
I've closed 1/2 my remaining EUR/JPY short position and have left my trailing stop in place for the…
April 3, 2013
Early Europe keeping it tight; no directional moves yet
Trade IdeasGBP crossesJPY crosses
Unless we get some unexpected breaking news, flows and orders are likely to dominate proceedings in…
April 3, 2013
Risk to downside for Yen pairs tomorrow post-BOJ
30 pip ranges in most of the major pairings is the sum total of Asia's efforts today and my hope…
April 3, 2013
USD/JPY holding above 93.50 for now
Technical AnalysisJPY crossesUSD/JPY
The previous spike lows at 93.50 have been breached and the next technical resistance is at a…
April 3, 2013
AUD/USD: Plenty of stops above 1.0510
Trade IdeasAUD,NZDTechnical AnalysisJPY crosses
The AUD/USD has again pulled back from 1.0500 but I wouldn't be getting too bearish just yet. There…
April 3, 2013
JPY: Look for volatility to increase ahead of BOJ
The BOJ's two day meeting starts today and we can expect volatility in the Yen to increase as large…
April 1, 2013
Yen positioning reports suggest consolidation phase may soon end
Some interesting reports coming out of the interbank market suggest that overall Yen…
March 28, 2013
Yen slightly higher after Kuroda speech
USD/JPY shorts are looking a bit safer now that the Kuroda statement is out of the way. I won't…
March 28, 2013
Kuroda appearing before Japanese parliament for second appearance
We may see a lift in volatility this afternoon when these headlines hit the newswires.
March 27, 2013
EUR/JPY: Remaining cautiously bearish
The hourly chart looks bearish and is trying to consolidate below 121.70 but the daily chart is…
March 26, 2013
Still waiting for a flash of inspiration
I find it very difficult to get any sort of a feel for markets which are hardly moving so best and…
March 26, 2013
EUR/JPY: Technicals suggest we bears must be careful
Trade IdeasJPY crossesTechnical Analysis
I've updated the technicals in the members section and the daily chart does look like its forming a…