January 29, 2014
Overnight news has seen the DAX break higher on the open. Full FT article For those looking for rallies to get short this looks like that move. For those waiting for good news for the longer term rally to continue then last night was it. In the bigger picture, on the upside we have… View Article
January 29, 2014
Big moves higher for all emerging market currencies. USDZAR falling on the back of the move from Turkish central bank. The lending rate raised to +425bp to 12% against a 225bp raise expected. The repo rate and borrowing rate were expected as unchanged and raised 550bp and 450bp. The liquidity rate was raised to 15%… View Article
January 28, 2014
On this chart we can clearly see the 4hr RSI working well for levels to take profit on our longer term Daily short trade from 142.70 To find out more about how we trade click here
January 16, 2014
Looking now at EURJPY wesee a potential reversal signal for this currrent correction, we remain short from 142.70 with our stop now moved to break even, two of our take profits have been reached and we wait to see if this is a false signal
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