by Patrick Reid | May 9th, 2018, 08:30:43 | News
Ask the longs at 1.0335 because they will tell you the trend is still in tact – if you believe in FIBS and the 38% rule. As it goes that rather famous Italian bloke was rather clever. I like FIBS because they work for me. Not all the time but as a trader you...
by Patrick Reid | May 8th, 2018, 07:11:47 | News
Greg Gibbs does a great EUR deep dive in his latest report from #ampgfxcapital As you know EUR CPI and PMI’s had not been matching up to the EONIA curve pricing in June 2019 for the first hike. This is now rapidly fading – along with spot. It’s my...
by Patrick Reid | May 6th, 2018, 07:49:47 | BOE, News
How to trade this bad boy. This Thursday try your very best to trade a hawkish hold, or perhaps Sir would like a dovish hike with that, or maybe a nuanced indication of a delayed hike in Q3. And while your at it try trading the 3 months average rhetoric often spoken...
by Patrick Reid | April 29th, 2018, 17:55:51 | News
CABLE UPDATE: I week ago i posted something on Cable. I was bearish and felt the curve would take longer to reprice. It did, along with spot. I think at the time I mentioned it could go another 2 big figs. We made lows at 1.3750 from around 1.40 area. These are the...
by Patrick Reid | April 23rd, 2018, 16:41:04 | News
US 10 year yields: everyone and his wife is talking about 3% cracking. What’s more of a story though is how DXY is reacting – this started last week and today shows no sign of abating. Listen up at the back because, and you’d better be ready for...
