October 26, 2012
Quick overview of Asian trade
Regional stocks around 1% lower: South Korean economy grew at slowest pace in 3 years: Risk trades…
October 26, 2012
AUD/JPY losing ground on Friday square-up
Looks like some profit taking ahead of the weekend and we are back near yesterday's break-up level…
October 26, 2012
Asia settling in for a quiet trading session
There was some JPY demand into the Tokyo fix which saw USD/JPY and EUR/JPY ease somewhat but that's…
October 26, 2012
Ranges to watch in early Friday trade.
AUD,NZDEUR crossesEUR/USDUSD/JPYJPY crosses
Obviously the Yen crosses are the main ones to watch: USD/JPY: Reports of a barrier at 80.50 and…
October 26, 2012
EUR/JPY: Taking very small profits off the table at 103.75
Those following my efforts to build a EUR/JPY trading position can do so in the members section.
October 25, 2012
EUR/JPY marches higher, important resistance at 104.80
It looks like some stops were tripped in EUR/USD above 1.3000, just as they were on the way down,…
October 24, 2012
EUR/JPY falls below support at 103.10
Look for those trailing stops in USD/JPY below 79.50 to start proving magnetic!
October 24, 2012
Quick look at EUR/USD and USD/JPY
USD/JPY is still holding up well despite huge offers at 80.00 and trailing stops building below…
October 23, 2012
Japan FinMin denies reports that government is pressuring BOJ for more easing
Headline on DowJones; this might see the Yen crosses drift a bit lower.
October 23, 2012
Yen crosses open in Tokyo with bid tone
USD/JPY is again knocking on the door of some sizeable offers at 80.00 and both EUR/USD and AUD/USD…
October 22, 2012
Funny how this market can always bite you unexpectedly
There is no such thing as a safe trade and you'd think that after 26 years in the market that would…
October 22, 2012
Are we about to buck the ‘risk-off-Monday’ trend
Deutsche Bank have been tracking this phenomenon in recent times, with something 16 of the last 17…
October 22, 2012
JPY crosses sharply higher
USD/JPYFlows and OrdersJPY crosses
A sharp spike higher in the Yen crosses was caused by macro accounts buying USD/JPY and a big…
October 19, 2012
Anyone else think EUR/JPY can go to 130+
EUR crossesTrade IdeasJPY crosses
I just popped in to see a hedge fund this afternoon on beautiful Sydney harbour and this is…
October 19, 2012
Goldman Sachs leading indicator turns positive
Not that anybody is paying much attention to anything at the moment, but maybe Europe might pay…
October 19, 2012
Today is 25th anniversary of Black Monday
The first big stock market crash that I was in the market for happened on October 19th, 1987. If…
October 18, 2012
EUR/JPY: Perfect double-top, just to throw some doubt in bulls minds
EUR crossesTechnical AnalysisJPY crosses
This market just loves to throw some doubt in, just when the direction seemed clear. EUR/JPY…