How to trade: A LEVEL

How to trade: A LEVEL

A few tips on trading a level. It’s not rocket science and I’m not that clever. Students often tell me finding a level is hard enough but knowing how to trade it is even more difficult. Therein lies the rub. But hopefully this little post will help you....
USD mixed – a bit like me

USD mixed – a bit like me

“A bout of optimism amidst intensifying risks.” Says it all really – from the unflappable #greggibbs and the rather excellent report he did at #ampgfxcapital  In broad USD terms we are in an odd time and I’m trying to make sense of the moves....
What is the market focused on ? Over to you trader.

What is the market focused on ? Over to you trader.

When I wake up each morning I ask myself what the market focused on. Nothing else matters. Nothing. Yesterday was it was OIL and today is Italy. So what are you going to do about it ? Look at yields and the growing effect on EURUSD – especially german debt...
Where’s that falling knife gone ?

Where’s that falling knife gone ?

I tried to catch it and it nearly cut my hand off. EURUSD and the JPY guest: We have to absolutely close below 1.1705 for the break to be confirmed. Right now it is a dogs dinner, full of chopped liver. Risk flows from EURJPY creating the tail that wags the dog...
Yesterday’s pain – today will be different

Yesterday’s pain – today will be different

USD yesterday: Donna Summer said I Feel Love. Well I didn’t.   It started so well with a Mnunchen led risk on move, helping USDJPY pop to new highs. Then core pairs softening like a text book play.  Just when you thought it was mr nice guy. USD was firm then...

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