USDX and U/J: both getting a bit tired? by Mary McNamara

I’m watching these two and wondering if they’re both getting a bit tired and about to roll over? The USDX is struggling to break above the 2010 highs and the U/J is struggling …
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GBPUSD: Cable heavy ahead of CPI. BOE Minutes tomorrow by Jim Langlands

GBP/USD: 1.5640 After reaching up to 1.5737 amidst some early cutting of long dollar positions, Sterling then turned to head sharply lower in reaching a session low of 1.5619. The …
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Definitive definitions: Prop traders, dealers, strategists, etc

I know most retail traders like to think of themselves as being traders, market makers, economists and technical analysts all rolled into one. This is not the case in the instituti …
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The changing face of the FX marketplace

New official rules will come into place on January 1st which will basically spell the end of all prop trading at the major banks, which in most cases had already stopped anyway. Ba …
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FXWW888 short the USD/JPY

A heads-up from FX Renew Forex Trading Signals FXWW888 is short USD/JPY at 108.04 (For those that don’t know FXWW888 is the current principal trader at a hedge fund and signal pr …
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Lessons from the VIX by Mary McNamara

I posted a chart over the w/e showing how the VIX, the ‘fear’ index, had broken up through a weekly descending trend line. This was a clear warning to traders that some increa …
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EUR/GBP: 0.77 and 0.79 are the key levels to watch by Mary McNamara

I received a request over the w/e for my thoughts on the EUR/GBP. This isn’t a pair I usually watch and I have been trying to cut back on the number of pairs that I watch but I …
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Intraday players continue to sell Aussie by Reece Marini

AUDUSD M30 The smart money was seen selling the Aussie during yesterdays trading session on the 1:1 (Purple) at 0.87600 but by the end of the day the market was again looking to te …
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USD vs Gold & Silver by Mary McNamara

Silver and Gold have suffered significant losses with the continued rise of the USD and both metals are still in decline. Their only hope could be that the USD index might stall at …
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FX Update: Is the USD getting its mojo back? by Mary McNamara

I had mentioned in my w/e analysis that the USD index might not move much until the first piece of high impact USD data was released and this has unfolded exactly as thought. Bette …
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