New Zealand
Age 57
Trading strategy
I utilise a combination of technical indicators in conjunction with classical charting and Elliott Wave Analysis and most importantly 31
years of FX Trading experience.
My full Daily FX Trading Service is received by Institutions, Banks, Hedge Funds and Individuals the
world-over. If interested in my FX Trading Service, email me at : max@enterprise.net.nz
Biography
I hold a Master of Commerce (Hons) and have been an FX trading professional since 1985; heading Bank of New Zealand's Technical Analysis Unit from 1985 - 1993 and then setting-up in business on my own in 1993; securing well in excess of 100 Institutional, Bank & Hedge Fund subscribers as well as thousands of Individual subscribers in more than 40 different countries. My Service to Individuals is via Email (max@enterprise.net.nz) whilst to Institutions and Banks my real-time work can be found on the ThomsonReuters global network.

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

1041 Followers
Write a Squawk to Max McKegg
  • Trade view / Yesterday at 2:38 GMT
    Short term
    /
    Buy

    USDCHF trying to establish a bottom

    Managing Director / Technical Research Limited
    New Zealand
    There is a potential Inverse Head and Shoulders forming for USDCHF. Support is at about 0.9930 and 0.9900 max, with resistance at about 1.0185. Upside potential is towards 1.0400.
    Read the Trade View
    1d
    ashrafj1 ashrafj1
    reach SL
    1d
    Cesime Cesime
    only 50%
    1d
    Cesime Cesime
    9915 is support
  • Squawk / Friday at 20:57 GMT
    Managing Director / Technical Research Limited
    New Zealand
    US markets limped into the close on Friday to end up much where they started. There was no economic data of note.

    Overnight Index Swap (OIS) and fed funds futures (FFR) curves continue to flatten out as rate hike probabilities diminish on the back of poor inflation numbers -see chart below. (Japan’s curve matches the Eurozone's).

    Next week the ECB and Bank of Japan hold policy review meetings.

    As the chart shows, one exception is New Zealand where, despite the central bank trying to keep a lid on expectations, markets are pricing in rate hikes, perhaps by the end of this year https://www.tradingfloor.com/posts/new-zealand-inflation-update-shows-rbnz-behind-the-curve-8611724

    The big event this weekend is, of course, the French election.

    The second chart below shows the “form” of each runner as they head to the post.
    Read the Squawk
    4d
    IL IL
    And Trump releasing tax reform next week....
  • Article / Thursday at 7:00 GMT

    Morning Markets: FTSE100's 2017 gains wiped out

    Managing editor, TradingFloor.com / Saxo Bank
    Denmark
    Morning Markets: FTSE100's 2017 gains wiped out
    The FTSE100 has been making hay from sterling's post-Brexit weakness that we'd almost forgotten what the downside looks like. But since Theresa May's call Tuesday for a snap election, all its 2017 gains have been wiped out and there could be more downside Thursday.
    Read the article
    6d
    Ole Hansen Ole Hansen
    This comment has been redacted
    5d
    Patto Patto
    as usual, an excellent run down........
  • 6d
    ChristianK ChristianK
    Thanks Max. Are you still constructive on being long AUDNZD or not? AUD is obviously on a weak footing at the moment.
    6d
    Max McKegg Max McKegg
    Focused on GBP at the moment, AUD correcting
    6d
    Simont Simont
    Just gone short EUR/GBP 0.8383 stop at 0.8410. Looking to retest 0.8300 today/tomorrow. French election uncertainty should help by Friday close.
    Surprised CHF isn't stronger too. USD/CHF...
  • 19 April
    FBT431 FBT431
    Thanks!
    19 April
    Treve Treve
    Insightful Analysis, you've been "onto" this for quite awhile Max! Great work.
    19 April
    Patto Patto
    I think it's "Theresa" May - to be precise. She is calling the election to outflank the hard-Brexit members of her own caucus. She needs 50 or...
  • 6d
    sutiani sutiani
    if you open short usd/jpy and stop loss 110.10?
    thank you Max
    6d
    Max McKegg Max McKegg
    above 110.10 would probably signal a reversal
    5d
    Colin Malkin Colin Malkin
    how long do you think it will take for 107 to be hit , thanks for your advice
  • Squawk / 14 April 2017 at 21:45 GMT
    Managing Director / Technical Research Limited
    New Zealand
    US inflation data came in under expectations on Friday and the retail sales numbers were mixed.

    Most financial markets were closed but USDJPY dropped to 108.50, which suggests the US 10-Year bond yield will drop when trading resumes next week.

    The chart below shows the CPI result: headline inflation down to 2.4% year-on-year (from 2.7% previous) and core inflation down to 2%

    Energy prices accounted for most of the headline decline but the FOMC will be more interested (and disappointed) in the core number.

    My initial price target on USDJPY has been met https://www.tradingfloor.com/posts/double-three-wave-structure-developing-for-usdjpy-8598570
    Read the Squawk
    14 April
    Patto Patto
    The low retail sales number is another nail on the coffin for first quarter GDP which looks like it could come in only a bit above 1%...
    16 April
    seas seas
    Max, do you see somewhat of a longer term bottom here in usdjpy?
    16 April
    seas seas
    forming that is?
  • 13 April
    Max McKegg Max McKegg
    Adam, a very hard thing for "The Don" to do mate !
    14 April
    Alessandro Milesi Alessandro Milesi
    Inflation and retail numbers are both quite week, should this not be dollar negative, especially against jpy?
  • 12 April
    KGP KGP
    nice call Max
    12 April
    Max McKegg Max McKegg
    thanks
    12 April
    Treve Treve
    superb yesterday Max. Thanks a million!!!
Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail