October 31st 2014. It beginning to look like the Dollar rally has resumed. I managed to make another 3% overnight and I am hopefully on track to increase the account by 30% in October which is a good month and quite timely considering it is also the month that my…Continue
October 30th 2014. So yesterday’s action was quite productive and I added another 3% or so. Remember that you should only copy me with an MT4 account leveraged 200:1 at a minimum.
So it’s a bit of an ecosystem. The dollar strengthened significantly yesterday and gold dropped as a result (I was short Gold). Not surprisingly USDJPY strengthened and as I said previously a close above 108.50 sets us up for a continuation higher. We got that, so now look for a challenge…Continue
October 29th 2014. Hi, I’m back however as you know I had been managing positions on holiday. It rained a lot anyway! I have just opened a USDJPY position.
Remember we have the FOMC statement after the final taper of MBS today. Any mention of a…Continue
October 24th 2014. There are some clues that the dollar correction may have come to an end and we are seeing that in the likes of USDJPY, however let’s not get too far ahead of ourselves. Although EURUSD is close to the lows of the week it is by not mean’s certain that the downtrend has resumed and AUDUSD price action would support that counter view.
EURUSD – As I said, close to the lows of the week. I’ve got a number of…Continue