Hey there traders, Yesterdays video was all about the Monthly Indices and Commodities candles. As promised, todays video is a quick look at some of the FX monthly candles.  Some of them offer up trading opportunities for binary trades for me. Some of them are just giving my an indication to watch them closer over […]

There have been two periods in the last 16 months where being short Yen was the easy trade. From Nov 2012 through to May 2013 and then from Nov 2013 till the end of Dec 2013 provided some great trending opportunities. But what has Yen done since then?  How has 2014 treated all those Yen […]

Just thought I’d place up this quick weekly chart on the Nikkei after last weeks price action. Last week saw some volatile moves across all markets and a lot of the rationale for the move in the yen and the Nikkei were attributed to the volatility of the JGBs. However I never get too caught […]

This has been across the news-wires a lot today. How George Soros and several other Hedge Fund types have been making serious profits from the weakening of the Yen over these last few months.  This article is from Business Insider and you can read it here What I found interesting is the comment from Green […]

Hello traders, After returning from a busy few days including a long and enjoyable evening at the London Trader’s Network Social event I was able to sit down this afternoon and take a look at the 6 trades I’d placed early on Tuesday and how they’d fared over the last 48 hours. Several people at […]

Here’s an update on a Binary Option position that closed on Friday afternoon on the back of a week of good news for AUD short-sellers.  You can read the first part about the initial H&S set-up here.  The second part with an update on the first part of the trade being closed out is here. […]

I’ve mentioned that I had a few longer-term Binary Positions that are running and I thought I’d update you on a position that closed out last night. After many years in decline the USDJPY trend broke with a strong move north from the end of January.  People far smarter than I can explain why it […]

Hello Traders, As usual here’s my analysis of Currency Strength & Weakness for the week beginning 15th January. From the weekly perspective: 1. JPY 2.AUD 3.USD 4. CHF 5. GBP 6.EUR No change from last week on a weekly outlook From the Dailies: 1.AUD 2.JPY 3.USD 4.GBP 5.CHF 6.EUR So on both the daily and […]

Happy New Year Fellow Traders! I had an extended break over the holiday period and used the time to plan my next 12 months. More of that in future posts. In the mean time here’s the weekly strength analysis for this week. Weekly: 1. JPY 2.AUD 3. USD 4. CHF 5. GBP 6. EUR Ok […]

It’s been a quite couple of trading weeks but I’m still going through my trading routine. Here’s the weekly currency strength analysis: 1. CHF 2. YEN 3. AUD 4. EUR 5. GBR 6. USD So no major changes on the weekly strength front (despite volatility and intervention) If we look at the daily strength we […]