We have moved up about 350 pips in eurusd in jut the last 3 sessions. We could possibly see some retracement on this pair.
Good luck
Sunday 13 January 2013
Tuesday 25 December 2012
Holiday Season!
Market's liquidity is really poor at the moment.
Lets all trade again in 2013!
Happy new year everyone!
Lets all trade again in 2013!
Happy new year everyone!
Thursday 20 December 2012
Risk being sold aggessively in Asia!
EUR and AUD getting smashed early in Asia.
Risk was sold and market blaming it on the news that "House Republicans Delay Vote on Boehner’s ‘Plan B’ Tax Increase "
It's Holiday seasons soon I will also try and just keep my position light.
Risk was sold and market blaming it on the news that "House Republicans Delay Vote on Boehner’s ‘Plan B’ Tax Increase "
It's Holiday seasons soon I will also try and just keep my position light.
Tuesday 18 December 2012
GBPUSD trade idea
I reckon it will be good to buy some GBPUSD just below 1.6200. Aiming for it to take out the barrier at 1.6250.
Any thoughts on that?
Any thoughts on that?
EURUSD demand in the 1.3170s
Talks on EURUSD demand in the 70's by semi official names.
Also earlier we saw a good spanish auction. good amount was raised in the auction and was higher than the range expected with lower yields.
I think the market could go for 1.3200 barrier. I also hear some stops above that.
Also earlier we saw a good spanish auction. good amount was raised in the auction and was higher than the range expected with lower yields.
I think the market could go for 1.3200 barrier. I also hear some stops above that.
Sunday 16 December 2012
USDJPY continues higher!
After the LDP/Koumei-tou coaltion won a majority of 2/3 at the weekend's lower house election, Jpy starts the week on the weakening side.
In USDJPY I am hearing that importers are the ones buying in the market at the moment. I will be in no hurry to buy at current level. I would prefer to wait for a dip to buy USDJPY and aim for USDJPY to continue moving higher from here.
Good luck for the week!
In USDJPY I am hearing that importers are the ones buying in the market at the moment. I will be in no hurry to buy at current level. I would prefer to wait for a dip to buy USDJPY and aim for USDJPY to continue moving higher from here.
Good luck for the week!
Thursday 13 December 2012
The Fed, central banks extend dollar swap lines
US Federal Reserve, ECB, BOE, SNB and the Bank of Canada issued a statement saying that they will continue and extend the dollar liquidity swap arrangement till Feb 1 2014.
The measure is mainly aimed at easing the strains in the financial markets.
We will continue to see cheap money floating around in the market in the near future.
Risk should be on the better side with this announcement.
The measure is mainly aimed at easing the strains in the financial markets.
We will continue to see cheap money floating around in the market in the near future.
Risk should be on the better side with this announcement.
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