October 9, 2012
EUR/AUD: Market targeting stop-loss sell orders below 1.2660
EUR/USDFlows and OrdersAUD,NZD
Just like the USD/JPY and Cable last night, the AUD has been on a stop-hunting spree today and the…
October 9, 2012
EUR/USD: Potential ranges getting even tighter
As we know there is very solid technical resistance at 1.3085, which is the neckline for a possible…
October 9, 2012
EUR/GBP: Approaching important technical resistance levels
EUR/GBP has bounced back nicely over the last 8 days and now looks set to test daily…
October 9, 2012
Japanese accounts buying AUD/JPY
AUD,NZDFlows and OrdersJPY crosses
Looks like there is some AUD/JPY demand slated for the Tokyo fix and Japanese banks have been…
October 9, 2012
AUD jumps on more short-covering
I suspect that stops in AUD/JPY were targeted above 80.00 but whatever the reason, the interbank…
October 9, 2012
AUD/USD: Local dealers bullish intraday
The general consensus seems to be that the market is short and susceptible to more squeezes higher.…
October 9, 2012
IMF lowers growth forecasts
More from the FT. They don't mention Australia which also got lowered to 3.0% from 3.5%.
October 9, 2012
AUD/JPY: Still short with stop above 80.10
I went short last night after the bearish break below 79.70 but a combination of stop-loss buying…
October 9, 2012
GBP weakness; blame the ZAR
There was very heavy ZAR selling yesterday, against the JPY in particular, and many traders used…
October 8, 2012
US markets closed tonight
That should mean that the European market starts to quieten down sometime soon. Good luck with your…
October 8, 2012
Maybe they should be called stop-hunters instead of spot dealers?
JPY crossesTechnical AnalysisGBP crosses
That's pretty much what an interbank spot dealer does these days, sees where the stops are and goes…
October 8, 2012
Orders updated
You can see whatever updated info I have in the members section. Still no trades today from the pro…
October 8, 2012
EUR/JPY: Technical support nearby
The Yen crosses are in a bit of a freefall so I wouldn't be trying to pick a bottom anytime soon…
October 8, 2012
Cable: Stops reported below 1.6050
Cable has been under pressure all day after surprisingly falling by 50 pips during Asian trade.…
October 8, 2012
USD/JPY: Stops reported below 78.20
We have been down here before on Friday and the market was unable to trigger stops then, so I guess…
October 8, 2012
AUD/JPY: Sold smalls at 79.59
There is a strong whiff of risk-off sentiment in the air and I think AUD/JPY might be the right…
October 8, 2012
AUD/JPY: Looks like a ‘sell-break’ set-up
Technical AnalysisJPY crossesTrade IdeasAUD,NZD
I think the market is looking to get short the AUD but hasn't really even started yet (in fact…