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MOST RECENT ARTICLES

9 years ago |

Multiple Exit Rules—Exit Strategy (Part 2) by Sam Eder

Last week we talked about how your exit strategy could be complex in nature so you can trade what is in front of you. The market changes during your trade and managing your position with aplomb requires more than one — or even just two — simple exit rules. This week we continue to delve […]

9 years ago |

Multiple Exit Rules—Exit Strategy (Part 1) by Sam Eder

“Don’t think about what the market’s going to do; you have absolutely no control over that. Think about what you are going to do if it gets there” — William Eckhart After you get into your trade, very rarely does your position go in a straight line to your profit objective. Instead, different things happen. […]

9 years ago |

Metals likely to find support soon by Milan Cutkovic

Price action in Gold and Silver still looking bit bearish, but move does look overextended and USD is still offered across the board Addding to that, bullish divergence between XAU and XAG on the short-term charts, with Silver having recovered from the $15.75 low and back above $16.20 Metals likely to recover in the near-term, […]

9 years ago |

AUD/USD- shorts preferred for now by Sean Lee

The rejection of .80 cents gives us a moderately bearish bias in the short term, especially given that the most recent ‘big’ trend has been bearish. We are opening around .7905 which I sense might be close to a mid-range level on the day. I prefer to wait for rallies towards .7940/50 to sell into. […]

9 years ago |

Huge moves afoot on the crosses

EUR shorts are being seriously squeezed across the board. The failure to make fresh lows despite ongoing uncertainty re Grexit caused a massively short market to book profits. The AUD has pulled back sharply from levels above .80 cents with the market betting on another 25bps rate cut from the RBA next week. AUD/NZD, EUR/GBP, […]

9 years ago |

Goldman Sachs Spot Desk Strategies

OVERVIEW => Positioning and conviction in the broader USD now feels at its lowest point for some time given the sharp retracement seen in April and the next move seems likely to be determined by confidence in the Q2 data. {EU} EURUSD Flat=> The market has become impatient in its wait for an upturn in […]

9 years ago |

NAB goes long USD/JPY with 125 target

We go long USD/JPY at current spot ¥119.00; target ¥125 (our end-2015 forecast); Stop at ¥116.50 That’s from the National Australia Bank The post NAB goes long USD/JPY with 125 target appeared first on www.forextell.com.

9 years ago |

Month-end flows forecasts from the banks

Barclays expects small amounts of USD selling vs major currencies, except the Yen. Citi expects USD selling overall, except against the Yen. Strong EUR demand expected. Westpac expects mild USD selling, with standout EUR buying. JPY will be offered against AUD and EUR. The post Month-end flows forecasts from the banks appeared first on www.forextell.com.


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