Following last night’s great set up on the fatman indicator, I wanted to follow up on the trade this morning and to see what happened in the overnight markets. Well in simple terms, the fatman delivered once again, and we based our entry on the 15 mi…

They don’t come much better than this, and ironically I was actually doing some longer term analysis, when I came across this fantastic set up in the EUR/CAD on the fatman indicator, and all we need to to do now is to be patient. As we can see, the E…

Itʼs Tuesday 4th of October, and this morning there was a great set up on the euro pound, which is where I started my analysis today, for the simple reason that with the euro dollar selling off heavily yesterday, we often see a bounce the following d…

Following an extended period of sideways consolidation across virtually all the pairs today, currency markets are finally starting to move again this evening, as we await a speech from Fed Chairman Ben Bernanke. As a result of this market activity we…

An interesting morning’s trading in the forex markets so far today, and the key point that came through during the London open, was the need to be patient. Overnight the capital markets were broadly bullish, and a look at the news announcements for t…

For those forex traders who look to hold positions for the longer term trends, last week was an interesting one, which saw many of the currencies cluster together in the centre of the fatman indicator, as forex markets reacted to the stream of negati…

Once again this afternoon there have been plenty of intra day trading opportunities for us as forex traders, both on the tick charts and also on the time based charts, and as the European and UK sessions come to an end, we’re now starting to focus on…

The aussie dollar has given us an excellent trading position this morning for an intraday trade using the tick charts. The initial move was signalled overnight as the Australian dollar continued to climb higher towards the over bought area, whilst th…

As I discussed in an earlier post today, there are plenty of low risk trading opportunities on the intra day charts, away from the key major currencies of the euro and the dollar, as these these two currencies continue to slug it out, with the euro d…

With the ongoing, and apparently never ending saga in Europe continuing to cause markets to lurch from panic to euphoria in equal measure, trading the longer term trends of the major currencies is extremely difficult at the moment, if not impossible….

The CAD/JPY gave us an excellent trade this afternoon on the  minute chart, as the US trading session got underway.  As always, we start with the batman indicator, our trading radar, which highlighted the potential for a short position, with the Japa…

Some excellent signals coming in again this afternoon on the fatman indicator, and we are almost spoilt for choice as to which currencies to trade on the tick charts. As we can see by checking on the oversold currencies, both the Japanese yen (JPY) i…

The fatman indicator pointed us to another excellent intra day trading opportunity on the fast tick chart for the GBP/CAD, with the pair moving lower following the US open. The first signal to arrive was the change in trend from green to white, signa…

Problems in Europe continue to rumble on this morning, with rating agency Moody’s cutting it’s ratings on two French banks, SocGen and Credit Agricole, both of whom are considered to be at risk from over exposure to Greek bonds, whose yields have now…

I mentioned in an earlier post today that the fatman was guiding us to a low risk set up in the euro dollar. We saw at the time that the pair were crossing on the fatman on a longer term timescale, as the euro moved from an over sold position, and th…