Weekly outlook for Commodities

FX Trading

General Comments: Commodities have been trying to extend the rally we have seen but besides Crude Oil, most commodities are quite a bit below their highs.  We are looking for a consolidation range to become the new near term norm.  We are expecting a lot of two sided chop with little to no directional bias…

4/23/08 Bank Flow Update

Bank Flow

USDCHF: For those that are already taking part in the Bank Flow room, the post came in yesterday for a buy at the 1.0015 area. I have had traders reporting upwards of 100 pips profit from today’s moves. USDJPY: Current Price: 103.60 at 11:45 EDT – I will be looking for an intraday sell at…