USD is still the strongest currency on the board but GBP follows closely in the neck. Retrace for this pair is coming soon.

Cable Update (GBPUSD)

Price just touched 200 Simple MA on monthly chart and lower bollinger band on weekly chart. Two sign that price could move up from here.

Cable Update (GBPUSD)

Ukraine attacked russian convoi. That is a new quality of escalation. CHF up.

EUR/CHF

Rate Hike expected from 3.25% to 3.50% for nzd this week. Added shorts on gbpnzd and eurnzd.

GBPNZD trading calls

I am with you, short @1.9640. Will add more shorts in case it goes higher.

GBPNZD trading calls

Just closed my NZD/USD shorts with an acceptable loss. I focus now on AUD/NZD longs. Swaps are less painful there and the pair is still close to the historical low which served as an ultra strong support over decades.

NZD/USD

VIX is at a very low level at the moment (12) and there are huge important news upcoming tomorrow. Looks like a good long opportunity.

Trading the VIX

Just switched from bull to bear. This pair is massively overbought. Short @1,3695

EURUSD

So luckily I was able to get rid of my shorts at 2.1289 with an blue eye ;-) But I never would short this pair as with my main broker the swap rate for longs is very expensive (-58.1) and for shorts it is awesome good (+53.1 - 10 times more than for ...

USD/TRY

Hey Ken, Many thanks for your quick explanation. I can follow everything you write but I still don't see what this has to do with the fact that there is no stop loss required. By the way: I also trade without stop loss but very small lot sizes per ...

AUD/USD

Hi Ken, as I am a big fan of you I would like to understand how exactly your trading system works. What do you mean with "by adjusting the size like 3,000 or 5,000 pips per 1% of equity change"? Thanks in advance! Michael

AUD/USD

I am a bit surprised that it didn't really move up after the rate cut so far. Do you think this will happen later?

USD/TRY

OK, many thanks for the explanation :-)

AUD/USD

Hi Davit, Could you explain to me as an unexperienced trader why high oil prices are pushing cad and aud? Thanks in advance! Michael

AUD/USD

My prediction is that it will go back at least to the area of the 200 MAs on 4H and daily chart (between 1.95 and 1.96). So my (conservative) for my 4 short trades is 1.9607. But I hold several sell limit orders at 1,9795 and 1,9895 in case it goes ...

GBPNZD trading calls

I am still short on this pair. Does anyone believe it will come back to 1,94xx soon?

GBPNZD trading calls

No way. Your tips are too good to ignore them

AUD/USD

I also love to long the eurchf on the dips that recently occured. The only thing you have to consider is the long term swap which can make a quite big difference from broker to broker in case the pair sticks to the 1.20 floor as in 2012. Currently I ...

EUR/CHF

This short prediction for EURUSD looks convincing to me. I will keep my shorts.

EURUSD

Normally important news in that kind of overbought pair lead to a small move further upside or to a huge move downwards.

Cable Update (GBPUSD)