FxLester

PRO
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About me Trader, Doctor, Brewer of beer.
Last visit Joined 6 months ago Sydney, Australia FxLester
Trading short term intra-week reversals & breakouts.
Markets Allocation
67 % forex 33 % other
Top Mentioned Symbols
UKOIL 33% | 1 CHFJPY 33% | 1 AUDCAD 33% | 1
FxLester FxLester PRO CHFJPY, D, Long , 6 months ago
CHFJPY: Bulls to step in at 110.x
51 0 3
CHFJPY, D Long
Bulls to step in at 110.x
By bulls, I mean the BoJ LOL! Fundamentals in a nutshell: The Japanese economy has shown weak growth which is hurting Yen exports. Thus the BoJ is under increasingly strong pressure to adopt further easing measures. This is especially made more plausible in the milieu of the BoJ warning that it would intervene to ...
FxLester FxLester PRO AUDCAD, 240, Short , 6 months ago
AUDCAD: Looking to short AUDCAD at technical level 0.946x
45 0 2
AUDCAD, 240 Short
Looking to short AUDCAD at technical level 0.946x
Technical analysis details on the chart. Fundamentally I'm waiting for the RBA meeting minutes this week to offer clues on further easing prospects. Upcoming weeks will see traders question the logic behind the RBA's surprise reduction of the cash rate to a record 1.75 percent. This unprecedented move either ...
FxLester FxLester PRO UKOIL, D, Short , 6 months ago
UKOIL: Reaction point at $48.x on Crude Oil ( Brent)
149 0 2
UKOIL, D Short
Reaction point at $48.x on Crude Oil ( Brent)
I see $48.x as an important level in this market. I favour a break to the downsize in the next week. I will be also prepared to go long if price breaks out to the upside, can close above the level and pull back. The Price Action Story: A few things give a bearish bias in the short term. 1. Price action shows a ...
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