by Patrick Reid | January 8th, 2018, 08:10:55 | News, Sticky 4, Technical Analysis
Spotting a top When I was a gunslinger trading Futures at Tower, being laser quick was the call of duty. It was how we made, and lost, a lot of money. We lived and yet often died by the proverbial sword. Many a time I saw traders get carted out 3 days before Christmas...
by Ryan Littlestone | January 5th, 2018, 13:49:34 | Sticky 4, Technical Analysis
Another wild day for the loonie Another strong jobs report out of Canada has seen USDCAD fall through the floor. There was support at 1.2450 and 1.2415 but that’s been taken out in a blink. We’ve also crinched through the 1.2400 big figure and 61.8 fib of...
by Horatio Dubsly | January 4th, 2018, 14:10:29 | Sticky 4, Technical Analysis
I will keep this brief as I’m trying to get this posted up quickly. I’ve opened a short position in GBPUSD based on the the probability of a right shoulder forming as seen on the H1 chart. Very tight stop applied and treating this as an intraday scalp for...
by Horatio Dubsly | January 3rd, 2018, 10:53:25 | Sticky 4, Technical Analysis
Another trade with upside potential if we catch some momentum from here. I’m sitting on a long position since Asia with a tight stop below the big figure at 1.1000. We’ve pushed above the trendline from the end of October. That gives a good risk/reward...
by Si Heath | January 2nd, 2018, 12:05:28 | News, Sticky 4
The USD story continues into 2018 After a blistering run in stocks and to a certain extent, Treasuries in 2017, we cannot blame thin markets for the demise of the Greenback. It remains to be seen, but Uncle Sam`s USD seems set for a lacklustre 2018, or does it? As FX...