No zoom’s last weekend, we were in Las Vegas for the Formula1 GP. It was all a bit rushed, in and out in 4.5 days. We tried to remain on Atlantic time BUT alas all good plans and that stuff ... the bottom line is that is has taken a good week to get back into the Atlantic time zone once again. It was all a bit frantic but 100% enjoyable and yes; we would do it again, although a week away would be better. With almost 10 hours of flight time in total, this gave me a lot of time to formulate … [Continue reading]
TALKING OUT OF BOTH SIDES OF THE MOUTH
I read a piece from, I think, Citibank, on Friday last week basically saying don’t worry it’s not you, referring to trying to make sense of the markets. I would go a stage further and add never mind the markets trading is just so difficult at the moment. If there ever was a time to sit on your hands, hide your keyboards or lose your tablet and phone now is that time. Speaking last week with traders, I remember using phrases, now almost cliches such as: - “Sometimes your best trades are … [Continue reading]
THE CENTRAL BANK HIKING CYCLE LOOKS OVER…
October was a difficult trading month for me. As soon as November hit the calendar, pips started rolling up once again. I hardly added new trade set ups in October, it was the market sentiment shift that just broke a few ranges that enabled previously stuck trades that were doing nothing but consolidate sideways or lower turn around in my favour. Fine lines as they say! I feel like I have been here before... a little bit of deja-vu. For a number of reasons, I believe that the major Central … [Continue reading]
THE TEMPERATURE’S RISING
Here we go again... Geopolitical risks remain elevated, bloody higher than high if you ask me. Complacency rules for the first four days of the week and then on Friday’s the market appears to go oh crap let’s get positioned for the … [Continue reading]
THE TIPPING POINT: 5% or $100, WHICH GOES FIRST?
We are in what seems like suspended animation. The markets are jittery, and several key levels are being tested but until we have more certainty, it appears that for now that these levels are shorter-term barriers, but there will be a move to create … [Continue reading]
ARE WE HEADING INTO A GEOPOLITICAL MESS?
There is only one news event. The events in Gaza override all else in my opinion. Although we have to consider all the usual data, such a huge geopolitical event is out in front and what we called the previous day-to-day data seems pretty trivial … [Continue reading]
TRADING MINDSET & CONVICTION REALLY MATTERS
In the markets at the moment, especially FX, we seem to be leaping from news event to news event running around like headless chickens in a farmyard not really knowing which direction to take. It reminds me of a circus plate spinner trying to keep a … [Continue reading]
CENTRAL BANK TOOLS – JUST NOT WORKING
This is potentially a big weekend for the markets in general. We have a potential US Government shutdown and the possibility once again of Bank of Japan FX intervention. So; I have decided to ignore these issues as the subject of the SOAPBOX … [Continue reading]
ARE THERE MORE QUESTIONS THAN ANSWERS?
Be careful what you wish for is a phrase that I have heard all my life. Along with better the devil you know than the potential one you don’t, and the grass always appears greener on the other side of the fence. After three weeks of Central … [Continue reading]
FROM A DOVISH HOLD TO A HAWKISH HIKE
The ECB now out of the way, this coming week we have six of the bigger Central Banks reporting. The highlight will obviously be the FED on the 20th. As always, the FED statement is always eagerly awaited, and this will be no different. The ECB raised … [Continue reading]
EYES ON LAGARDE
The month is progressing and we still have USD strength albeit the DXY is slowly grinding higher, not a dramatic fast move more of a line of least resistance move as we await the FED announcement on the 20th of this month. However, first off we have … [Continue reading]
STICKY INFLATION (1970’s RE-RUN?)
I know... before you start leaping up and down saying plenty of institutions have used this headline in the past 7 days, do I not have anything different, anything original to say? Well, to answer this. Yes, the headline is a copy BUT the thoughts to … [Continue reading]
(DO NOT FORGET) THE BIGGER PICTURE
Now that we have Jackson Hole out of the way, and we’ve heard the Powell address on the state of play of the US economy as seen through the FED eyes as they manage their way back to the 2% inflation target. Whilst there will always be data on the … [Continue reading]
- 1
- 2
- 3
- …
- 7
- Next Page »
