Thursday, September 19, 2013
Normally we experience a lull in the markets the days before an FOMC announcement. So the tight daily ranges make it tough to trade profitably these days, but the days that follow it are the exact opposite, producing some excellent opportunities. The clear-cut message “no taper” gave the markets an immediate strong direction leaving no room for the normal fluctuations.
Once again I must thank my two “Uncles, Ben and Mario” for doing their outmost to push their respective currency down and our account balances up. And yes, “Uncle Haruhiko Kuroda” we see that right now you have the relay baton on your hands and you also do your best to push JPY down.
at 5:12 AM
Thursday, September 12, 2013
Wednesday, September 4, 2013
With Draghi speaking tomorrow, Non Farm on Friday, war drums in the background and QE tapering discussions we have enough essential ingredients for increased volatility in forex.
And AUD continues to be one of the most exciting currencies. See the trades produced that contain it!
at 2:26 AM