Author Archive

  • Yen Positioning for the New Year
    Posted by on January 8th, 2015 at 7:43 am, Comments: 0

    After finding support at 181.41, the 38.2% Fibonacci retracement level, the $GBPJPY was able to stage a rally back to the 187.50 highs. However, the […]

  • My Appearance on Benzinga’s #PreMarket Prep Show
    Posted by on January 7th, 2015 at 2:31 pm, Comments: 0

    I had the pleasure of joining Joel Elconin and Brianna Valleskey as a guest on Benzinga’s #PreMarket Prep Show yesterday and talk with them about central […]

  • The Battle for Weakness
    Posted by on January 7th, 2015 at 5:55 am, Comments: 0

    The $EURGBP broke to marginally new lows in last week’s trading. Only slightly new, by 22 pips, but new lows nonetheless. The EUR collapsed against […]

  • GBP Weakness Just Getting Started in 2015
    Posted by on January 6th, 2015 at 7:24 am, Comments: 0

    Happy new year! And it certainly has been a good one so far for GBP bears. On the last trading day of 2014 (December 31) and the […]

  • Don’t Trade Against The Central Bank
    Posted by on December 3rd, 2014 at 4:27 am, Comments: 0

    The Bank of Japan has its massive QE program well underway after announcing it almost 4 weeks ago. The central bank has committed to massively […]

  • GBP/NZD Sets Up
    Posted by on November 26th, 2014 at 7:06 am, Comments: 0

    The GBP/NZD opened the week very bullish as signaled by its close above 1.9750. The rally this week has already recovered all of last week’s losses. […]

  • Double Whammy
    Posted by on November 18th, 2014 at 5:10 am, Comments: 0

    The CAD has enjoyed considerable strength as the Canadian economy strengthens on the back of its robust trading partner, the United States. As a result, […]

  • The Setup of the Year?
    Posted by on November 14th, 2014 at 4:33 am, Comments: 0

    West Texas Crude has met its downside measured move target, starts to become interesting from the long side now…— CEO Technician (@CEOTechnician) November 13, […]

  • Euro Looks Higher
    Posted by on November 13th, 2014 at 2:55 am, Comments: 0

    So far, the $EURGBP remains stuck in its huge wedge formation. Price has found resistance all trading session at the 0.7860 level. However, swing traders are looking to the […]

  • Another Bailout
    Posted by on October 31st, 2014 at 4:48 am, Comments: 0

    Kuroda said the BoJ’s easing was unrelated to portfolio allocations by the Government Pension Investment Fund (GPIF), but the effect of the day’s two major […]