Recent content by TradeTheEasyWay

EURUSD - year end potential move After this huge leg up in the Dow I think this will attract buyers back into the US$. I started shorting the eurusd this session as I think the channel low is a big magnet for this struggling Euro and the mighty US$. This could mean the dax can survive this...

took longer to work out than expected, a long box play but the dip this week finally brought in the buyers.

EURJPY trade idea The eurjpy has come into an interesting support level so I'm long at today's lows and will see if it's worth holding. Need to close above 133 today if this is to do anything.

The Euro update We traded the EURCAD and the EURAUD long and countered it with a short in the dax. The Nasdaq leads and the Dow follows. The Nasdaq put a sell signal in last week while the Dow was running up on low volume so it seemed vaible to short the indices. Didn't work for me...

the Squeeze strategy: euraud The best performing monthly index has been the Nikkei - so far at this midway point. So safe havens have been sold including yen and gold. Data for the US and Eurozone has been strong and of course the ECB have delayed any decision on restricting stimulus because of...

I bought cadjpy at 8175 yesterday. Looking for oil to turn and the US to rewrite the NAFTA agreement to give this one a boost. The charts look to me as if we may even be heading for parity towards the end of the year but lets see.

? What do you mean? I didn't say anything about 2011.

CAD - inflation data - Friday 21st April 2017 Oil took a big drop yesterday after invents but landed in a support area. Can oil find buyers here? I'm buying small positions but trading carefully; I will add if we get holding signals. In the meantime this cadjpy chart is a trade idea. CADJPY...

Yen pairs - this week THE YEN This tends to get bought when the markets are nervous / selling. So I am not committed to buying this gbpjpy; I'm trading the ranges intra day but holding on to a half size position overnight if we get a good close today. I like the curve of the 200 ma in this...

JPY update The usdjpy is not holding and we have US monthly jobs on Friday. So I'm keeping my powder dry,till then. In the meantime I'm buying small position in this eurjpy and will add if it works, stay out if we break intra day support at 750. Good luck. Mike

Follow up note - USDJPY This market broke the support on Friday and so stopped me out for a small loss. I have been day trading the gbp down to support but I am not holding trades in what is a week focussed on Brexit and not much else. Mike

I bought 11095 midday, so will see if this holds up at the close. Yen has been holding up with this dip in equities; we even had bonds and gold running up at the same time which is a big red alert to me. Last weekend I sent out a warning notice about the probability of at least a pullback in...

Yen pairs I traded the eurjpy last week, made ok money and took some profits off at highs bought dips, but 122 didn't hold up and hear we are testing 120, a big pivotal numbver and area for the eurjpy. I'm still a long term bear of the jpy so this week I'm looking at this dip in the usdjpy. I...

UPDATE: 16th march POST FED day~ Fed day is always a bit crazy, sloppy during the day and then aggressive moves. So I waited till today and bought eurjpy at 12150, only 45 pips of the weeks lows. I have a limit order just under 12500. It's options day tomorrow so be interesting to see where we...

EURJPY - week 11 - UPDATE Busy week for data US rates to go up at the FED meeting Wednesday? Also UK & JPY rates UK jobs Here is a level I'm looking out for on the eurjpy - see pic I'm looking to buy at 12150 area and see if we can go to 12500.