by Patrick Reid | March 28th, 2018, 14:28:48 | News
Not a bad GDP from across the pond, and a little risk on. What more can you ask for buying into this break ? A few pointers and this is what i’m doing. Please don’t take this as a given – they are only my views, straight from a blustery Wednesday...
by Patrick Reid | March 27th, 2018, 15:16:44 | News
I just received a text from a big fund manager in Liechtenstein saying he’s lost his confidence in trading FX We can all momentarily be there, at the ominous coal face – often a lonely place. Cold and no-one understands. I do and here’s my advice. A...
by Patrick Reid | March 21st, 2018, 23:11:19 | News
FOMC UPDATE: There you have it, straight from the horses mouth. The DOTS do not count. That means there’s no credence to voting the median path of rate hikes. This was the only semblance of decent forward guidance – and now it’s gone. Either that or...
by Patrick Reid | March 18th, 2018, 09:58:53 | News
Sometimes a bank can not put a foot wrong. Then they do. Last week a promising student trader asked me, which bank is as mighty as Das Deutsche ? There’s more…..he went on to ask how do HSBC, JP Morgan and Citi rank in terms of profit made in fx? Wearily but...
by Patrick Reid | March 11th, 2018, 13:47:12 | News
Macro meets technical – enough already and no more noise! When I make a call I try and play the probability of what is more likely to happen. I do this whilst hedging my risk to zero. For those who follow me on Linked In you’ll be aware it is a phrase I...
