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 4, 2013
AUD market caught short; cautious now ahead of RBA
The market did its usual think of getting bearish at the wrong levels and then being forced to run…
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
USD/TRY edging higher in thin trade
The riots and disturbances in Turkey are naturally unnerving the market and USD/TRY is about 80…
June 3, 2013
AUD holding onto gains despite miss on economic data
Retails sales came in slightly below expectations and job advertisements also fell from the…
June 3, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
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
AUD: Plenty of risk events today
New Zealand holiday today. Minor Australian inflation data and of course retail sales (+0.3%…
June 3, 2013
AUD/JPY: Look to play 95.50/97.00 range
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
This pair is in full retracement mode with an obvious target at a 38.2% retracement level near…
June 3, 2013
Time to re-group after Friday’s heavy flows
OthersAUD,NZDGBP crossesTrade IdeasUSD/JPY
It's pointless looking for logic once big asset manager month-end flows hit the market; they deal…
May 31, 2013
AUD/JPY still falling hard
AUD,NZDOthersTrade IdeasJPY crosses
These end-of-month flows must be very large indeed as the cross continues to fall hard and AUD/USD…
May 31, 2013
AUD/USD: Strong support expected near .9580
The AUD has fallen hard in early Europe as stops below 96.90 were triggered in AUD/JPY. I'd expect…
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
USD/JPY expected to gravitate towards 100.00
There are some large option expiries at 10am NY cut and this will be followed 1 hour later by the…
May 31, 2013
Staying fairly quiet in early Asia; always happens when I predict volatility!
We did get that early flurry in AUD/JPY but since then its been reasonably quiet. USD/JPY topped…
May 31, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.