November 5, 2012
NZD/USD: Trade idea
This one is from StochMan who is a professional technical analyst, working for one of the…
November 5, 2012
EUR/USD: Look for sharply increased volatility this week
We've had a number of weeks of sideways trade but that's about to end in my opinion, so forget…
November 5, 2012
Asian market open, Monday November 5th
You can click through here and read my opening comments on FX Street.
November 5, 2012
US election: If you believe the bookies, an Obama win is all but assured
'Follow the money' the old saying goes and in this case the money is following President Obama to…
November 2, 2012
USD/AXY: Up to $6 billion bought during intervention this week
The scale of intervention is having some small success, with today's late move higher in the USD…
November 2, 2012
EUR/USD: Big European banks mention stops below 1.2875
I'm presuming that they are quite sizeable. Still hearing reports of bids at 1.2865/70. Might be…
November 2, 2012
Dealers complaining about pathetic liquidity
Nobody is playing according to interbank dealers and liquidity is very poor indeed it would seem.…
November 2, 2012
EUR/USD: Hit again by late liquidation
Dealers say the latest drop is attributable to more long liquidation ahead of the weekend in fairly…
November 2, 2012
USD/AXY: No sign of any intervention today
Central banks and their agents have been very active this week in USD/HKD, USD/SGD and USD/KRW but…
November 2, 2012
Very quiet Asian session ahead of risk events tonight
Absolutely nothing to report from today's 'excuse' for a trading session. AUD/USD took out light…
November 2, 2012
USD slightly higher across the board in Asian trade; shorts covering ahead of NFP
AUD/USD triggered those aforementioned light stops above 1.0415 but stalled exactly at the reported…
November 2, 2012
AUD/USD: Inching higher; updated info on orders
AUD/USD is making marginal new highs above 1.0410 but dealers say that the stops above 1.0415 are…
November 2, 2012
Finding the trade most likely to stuff the most people
It's a sad state of affairs but most movement in the market at the moment is caused by…
November 2, 2012
Asian market open, Friday November 2nd
You can click through here and read my opening comments on FX Street.
November 1, 2012
EUR/USD: Sovereign buyers reported below 1.2920
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
AUD/USD: Reserve managers buying 1.0310/20; solid offers still 1.0400 with stops above 1.0415:…
November 1, 2012
EUR/GBP: Fibo support holding for now
Technical AnalysisGBP crossesFlows and Orders
The 38.2% retracement of the strong 5-wave upmove from .7750 to .8160 comes in at .8005 and this…
November 1, 2012
Stop Losses R Us
If the FX market was a store it would be called Stop Losses R Us! Or perhaps as Iridium suggests,…
November 1, 2012
We are renaming the FX market, “the stop-loss hunting market”
The market builds positions and then stops get triggered, and then on to the next position. It…