January 16, 2013
EUR/USD: Cheap and cheerful trade idea
Buy at 1.3260 with s/l at 1.3237 and t/p at 1.3445. That's certainly a fierce risk-reward ratio but…
January 16, 2013
USD/JPY: Any Ichimoku experts out there??
Technical AnalysisJPY crossesUSD/JPY
I thought the report yesterday from one of the big banks that the really big JPY short positions…
January 16, 2013
EUR/JPY looks to have scope for 116.00
I thought that 117.50 would hold but it was not to be and this retracement could easily see 116.00…
January 16, 2013
EUR/CHF: Looks a lot like EUR/JPY a few weeks back
Remember that EUR/JPY was nearly 20 big figures lower a few weeks ago and it's really only been a…
January 16, 2013
EUR/CHF: Super heavy optionality at 1.2500
Flows and OrdersOthersEUR crosses
Reports from the interbank options market say that this is the big level to watch and is likely to…
January 16, 2013
Asian market open
You can click through here and read my full opening comments on FX Street
January 16, 2013
Short-term technicals of major pairs updated
Technical AnalysisUSD/JPYEUR/USDJPY crosses
You can see all up-dated short-term technicals in the members section and if you don't have a…
January 16, 2013
Day ahead in the FX market, Wednesday January 16th
JPY crosses moved lower overnight and they will be the market's focus again: No major economic…
January 16, 2013
CHF/JPY: Taking some profit off the table
I shorted this pair yesterday morning and a 200 pip profit is not to be sneezed at. I'm taking 60%…
January 15, 2013
EUR/USD orders: Trailing stops and heavy bids
Still same reports as earlier today, trailing stops below 1.3320 and again below 1.3295, with bids…
January 15, 2013
Yen profit-taking starting to intensify
I'd expect any rallies in EUR/JPY, USD/JPY, GBP/JPY, CHF/JPY etc to meet with plenty of grateful…
January 15, 2013
Quick overview of Asian trade
Fed chairman Bernanke didn't say anything exciting and the FX market hardly moved during his…
January 15, 2013
Cable: 1.5950 is big level to watch
Many of the so-called structural stops are reportedly below 1.5950; options book will start more…
January 15, 2013
EUR/JPY: Still like 117/120 consolidation range
There is some debate going on as to exactly what was said by the EconMin but the reaction tells us…
January 15, 2013
Short JPY accounts are mainly in Asia
Just reading an interesting note from one of the big banks that seems to be suggesting that most of…
January 15, 2013
CHF/JPY: Look to add to shorts on rallies back to 96.75
The comments from Japanese EconMin Amani showed that they are beginning to feel uncomfortable with…
January 15, 2013
EUR crosses on the move
There is a big difference between wanting to buy and needing to buy, and the current EUR move is a…
January 15, 2013
FX market staying quiet post-Bernanke
The Fed chairman didn't have anything enlightening to say and the FX market is having a day off,…