Fri 28th: Trade radar

The markets seem to be poised and waiting for today’s US GDP data. Either that, or next Monday’s ‘end on month’ is in focus as many instruments trade near key S/R levels ah …
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FX scalpers: what’s your measure?

I have been using the last three weeks or so to trial my momentum-based algorithm during the European and US market time zone. This period may not have been the best four-week slot …
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Wed 26th: FX radar today

The US$ continues to hover just above 98.50 support and below 100 resistance and I’m sure I’m not the only one watching closely to see which way the index heads from here. Will …
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Tue 25th: radar for today

The FX indices have essentially traded sideways to start the week and, apart from a spike with Gold and Silver, most FX pairs have chopped sideways too. The Aussie keeps trying to …
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Fri 21st: trade radar

The US$ dollar has rallied and the EUR$ stumbled in reaction to yesterday’s ECB rate decision and commentary. The US$ has broken above the recent S/R level of 98.15 and is now u …
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Thurs 20th: radar trades

There is a lot of data to impact currencies today but there has already been some movement, courtesy of mixed AUD Employment data. Whilst the headline number was better than expec …
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Wed 19th: trade radar

There seems to be a bit of quiet across most charts as the markets wait for some weighty data to be released over the next 48 hours. Chinese data was pretty much in-line with expec …
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Mon 17th: FX radar

I’m not surprised to see it’s been a pretty slow day thus far given the lack of data and it might continue this way until we have the ECB and other speeches (scheduled for late …
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Fri 14th: FX radar today

The anticipated US$ weakness did develop through Thursday and this enabled three new 30 min chart trades but they didn’t go too far or too fast. The US$ has recovered a bit durin …
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Wednesday 12th: radar today

In a weird twist of irony I have woken to see there has already been some decent FX movement during the Asian session, however, there are still a few pairs on my radar for today. …
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