Right now calling 1.5720 a short term support wouldn't be a bad idea, judging from last night's flood of USD based loans and slight return of risk appetite on new positive sentiment, building long position now is somewhat less riskier than few days ...

Cable Update (GBPUSD)

16/09/2011 — This is last night's response to this previously over suppressed price volatility level. It surged more than around 19% in barely 8 hours. An perfect example of how price action fits market condition. image Today's trade ...

Forex Market Deciphered: The Equilibrium Cross

Just got a message from someone who asked if BOJ is ready to intervene the market soon, well for those traders who are interested in some quantitative market operation, I can throw out some useful data out there. And my answer to that question is: ...

Forex Market Deciphered: The Equilibrium Cross

down side to 0.7960 is now wide open on interest rate decision + risk aversion etc.

NZD/USD

At the moment I doubt any currency is capable of reversing their course of trading against JPY in the short term. The light is out for CHF, so JPY remains the only safe haven that can absorb much more inflow because of the size of its economy. I am ...

Cable Update (GBPUSD)

Indeed. Though there are some conflicting sentiments on the market as risk appetite has been picking up since last night on various positive news, but against GBP, AUD and CAD are still being sold. This suggest to me that GBP is actually on the ...

Cable Update (GBPUSD)

url I said 2 hours earlier that there might be a fairly good chance GBP is about to break out, and there are indeed some good bidding on GBP/CAD and GBP/AUD over the last few moment. I am expecting the sentiment to pass on to GBP/USD fairly ...

Cable Update (GBPUSD)

Market Equilibrium Report 15/09/2011 — Time of generation: 15/09/2011, 11:00 AM, GMT +10 Pair: GBP/CAD Trigger: 1.5605 Operation: Long Probability: 69% Short term target: 1.5690 Medium term target: 1.5730 Long term target: 1.5770 This is a ...

Forex Market Deciphered: The Equilibrium Cross

At current level I think USD/JPY is crying for an intervention, any dip below 76.30 area will definitely invite some words from BOJ officials, further lows will no doubt trigger intervention. But does it mean that we ought to build long positions ...

USD/JPY Discussion

Love your "pay now, worry later" spirit Anyway looks like the pair is moving up on the news

EURUSD

There has been some talk of implementing Euro Bond over the newswire right now. It was dubbed as "a glimmer of hope" which I seriously doubt if it's really helpful in lifting EUR/USD......Just thinking about a fiscal union scattered in 17 countries ...

EURUSD

Well just now the market reacted to the stream of good GBP data in a lukewarm way, almost non responsive. This suggests that risk aversion is going to be deeply rooted in the market sentiment for a long time, and USD safe haven effect will be in ...

Cable Update (GBPUSD)

14/09/2011 — Thought I should post something interesting today, something no one here has ever done before. I want to show a nifty little predictive tool that is very useful in trading. I think from now on I will be posting it more often and ...

Forex Market Deciphered: The Equilibrium Cross

13/09/2011 — My Trading Ideas 13/09/2011: G'day all! For some of you who did follow my suggestion from yesterday about shorting AUD, CAD, NZD against CHF, well I hope you all made a quick buck and moved on. Lots of stuff happened last night in ...

Forex Market Deciphered: The Equilibrium Cross

12/09/2011 — My Trading Ideas 12/09/2011: The risk off sentiment spread quickly since last Friday with Euro turmoil worsening by the minutes, therefore we see a lot of AUD, CAD, NZD selling over the entire course and the trend is expected to ...

Forex Market Deciphered: The Equilibrium Cross

G'day old friend, nice to see you again! Well the previous posts were not really "invalid", it's just that I want to make them into something more practical and theoretically render it fuller. I've since abandoned or revised much of the childish ...

Forex Market Deciphered: The Equilibrium Cross

Back! — Well after few months of inactivity on this forum, I am glad to be back and ready to recommit myself to this thread that I almost had forgotten and abandoned. For those traders who's been wondering about my whereabouts, well, I've been ...

Forex Market Deciphered: The Equilibrium Cross

Equilibrium Level on EUR/CHF: 10/02/2011 — I'm back! Wow what a wonderful break I had, lost few kilos along the way Time now is 7:34pm, 10/02/2011, AEST(GMT10+) Equilibrium level has just occurred on EUR/CHF: image Short short short! ...

Forex Market Deciphered: The Equilibrium Cross

Daily Review: 02/02/2011 — Daily Review: 02/02/2011 url

Forex Market Deciphered: The Equilibrium Cross

Daily Review: 01/02/2011 — Daily Review: 01/02/2011 url

Forex Market Deciphered: The Equilibrium Cross