This year have given traders Volatility, Trends and Opportunity.
Currency markets are no longer frozen under the weight of a coma induced by financial regulators, Central Banks and Politicians.
In the past few months I have got some things right, not everything I would like to stress. The recovery in Dollar-Yen! There is a discussion about this on a Google hangout, which was hampered for technical reasons. If you search for this on You Tube, you should be able to find it, but I do not want to include the link, because, it was hosted by an FX broker.
So far the sell off in Euro-Dollar, from the call when the rate was at 1.3500/1.3600, is working out.
This is a good year for directional moves in the Forex market. It is a great time to learn. Those you want to take risk can be rewarded for it, which was not always the case in 2012.
I will be talking about what I expect will be other big market moves as time passes.
Finally, the jury is still out on the bearish call I made on Euro-Sterling. My belief is that the market offers little value at 0.8650 and should move back towards 0.8400 if not much lower. We will just have to wait and see.