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Greece – Just waiting for the fat lady to sing! Of late there has been so much written, and so much speculation in the media on this topic. Frankly when I wrote my article in the blog dated April 5th “does Merkel have the balls to risk a contagion”, deep down i thought that when push comes to...

In my opinion, the European Economic Community (EEC) now called the European Union (EU) in my opinion is flawed in many ways. I have covered this topic many times before and I do not want to go over old ground, if it really interests you, you can check out all the historical blogs on my website...

ANGELA MERKEL WAS OVERHEARD SAYING “MARIO, PASS ME THAT BOTTLE OF OUZO AND JEROEN STOP PIGGING ON THE TZATZIKI” Yes, you guessed it – Mr. Casual aka Alexis Tsipras the Greece prime minister was back in Brussels having “off-site” emergency talks with the Eurogroup regarding the Greek...

All eyes are the FOMC for Janet Yellen’s eagerly awaited; will she, or won’t she keep PATIENT in the statement. There is so much written about this one word, and I am guilty of it myself, but I have lost all PATIENCE even thinking about it now. Irony rules OK! The SNB meets tomorrow...

The day has finally arrived. I have a few economic arguments related to the strength of the USD and what the major issues are for the FED. However, before listing these, I want to say that from day one in office, Janet Yellen has stuck to her guns on commentary. She has said consistently of...

#11– 16.09.2014 FOREX TRADING TIPS: HOW TO PREPARE FOR THE FOMC DATA TOMORROW 17th September 2014 Tomorrow sees probably the most important FOMC meeting statement since Janet Yellen replaced “Helicopter” Ben Bernanke as the FED chair. October sees the end of Quantitative...

#9– 08.09.2014 HOW AM I PLAYING CABLE? Wow, that was some move from the opening GAP lower yesterday with the GBP/USD. Across the board all the cable related pairs were hit but my focus in this short article will be on the GBP/USD. WHAT HAPPENED (NEWS EVENT): - Basically a further...

NON-FARM PAYROLL TODAY HOW AM I APPROACH THE FX MARKET? Basically after yesterday’s huge sell-off with the EUR (EUR/USD +225 pips) and GBP (GBP/USD +110 pips), I would really like to write that we would now be consolidating the grossly oversold conditions in many of the currency pairs...

#7 – 02.09.2014 EUR/USD – BREAKS LOWER TARGETING 1.3100 and below to 1.3000 Further to my articles regarding the EUR/USD consolidating around 1.3175 – 1.3200, we have now seen a significant break lower. It is important for “newbie” traders not to sucked into to chasing this pair lower...

EUR/USD – CONSOLIDATION AROUND 1.3175 – 1.3200 Following Sunday’s (24.08.14) big gap down from 1.3240 to 1.3200 most analyses were expecting a GAP FILL bounce. The gap fill and all the predictions of candlestick formations to promote this move so far have proved fruitless. It now looks...

EUR/USD – KEY SUPPORT NOW SITS AT 1.3177 Following Sunday’s (24.08.14) big gap down from 1.3240 to 1.3200 most analyses were expecting a GAP FILL bounce. So far it has not happened and the danger is that with the currency pair consolidating around 1.3200 it looks like we could see the...

FED MINUTES REVEAL A NEW HAWKISH TONE AS AN FN FX TRADER WHAT WOULD I DO NOW AHEAD OF “JACKSON HOLE”? Without doubt yesterdays HAWKISH TONE within the FOMC minutes release certainly showed the power of the USD when unleashed. I was playing with a DEMO FX account at time on reversal...

FED MINUTES REVEAL A NEW HAWKISH TONE AS AN FN FX TRADER WHAT WOULD I DO NOW AHEAD OF “JACKSON HOLE”? Without doubt yesterdays HAWKISH TONE within the FOMC minutes release certainly showed the power of the USD when unleashed. I was playing with a DEMO FX account at time on reversal strategies...