Comments on: Asian market open, Monday October 29th https://fxww.com/asian-market-open-monday-october-29th/ The Professional Source Mon, 29 Oct 2012 08:53:39 +0000 hourly 1 By: Sean Lee https://fxww.com/asian-market-open-monday-october-29th/#comment-2622 Mon, 29 Oct 2012 08:53:39 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2622 I’m on this horse too. Hopefully our combined weight isn’t too much 🙂

]]> By: Papillon https://fxww.com/asian-market-open-monday-october-29th/#comment-2620 Mon, 29 Oct 2012 08:49:55 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2620 I have jumped in with tight stop (below 0.800)

]]> By: Papillon https://fxww.com/asian-market-open-monday-october-29th/#comment-2615 Mon, 29 Oct 2012 06:27:10 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2615 Yes, i like trading this pair. I’m looking for a good’s entry level and buy at 8020, looks a good opportunity 😉

]]> By: Sean Lee https://fxww.com/asian-market-open-monday-october-29th/#comment-2614 Mon, 29 Oct 2012 06:16:35 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2614 Thanks Papillon but its only a small position. Have a look at EUR/GBP today, possibly buy 8020ish with tight s/l below 8000. You normally like trading this pair as well??

]]> By: Papillon https://fxww.com/asian-market-open-monday-october-29th/#comment-2612 Mon, 29 Oct 2012 06:01:25 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2612 Morning Sean,

From yesterday, i will stay one less hour with you :-(. Friday, i have waited and seen, i didn’t open position. Obviously, you have picked up the right time for EUR/JPY 😉 Well done

]]> By: Sean Lee https://fxww.com/asian-market-open-monday-october-29th/#comment-2606 Mon, 29 Oct 2012 02:38:41 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2606 Morning Nachiket, according to Oanda the mkt is pretty split on AUD/USD, not sure what other brokers are showing? http://fxtrade.oanda.co.uk/analysis/

]]> By: Sean Lee https://fxww.com/asian-market-open-monday-october-29th/#comment-2605 Mon, 29 Oct 2012 02:35:32 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2605 Thanks Szabi, I’m still really unsure on EUR/USD and the fact that I am short EUR/JPY and long EUR/GBP pretty much sums that up perfectly 🙂

]]> By: Nachiket https://fxww.com/asian-market-open-monday-october-29th/#comment-2604 Mon, 29 Oct 2012 02:23:39 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2604 Sean,

looks like aussie finally wants that 1.0410. I think the retail market is still huge short aussie and hedge funds will create a move before US presidential elections

]]> By: Szabi https://fxww.com/asian-market-open-monday-october-29th/#comment-2603 Mon, 29 Oct 2012 01:58:04 +0000 http://fxww.dreamhosters.com/?p=1864#comment-2603 Sean, good morning! Here is my take on the eur-usd:
Although I think eur-usd can continue its rebound started on Friday, I’m starting to believe that the next big move once the much awaited breakout takes place is going to be the downside.
A few reasons why I think so:
1. on Thursday prompt broke below the support line (currently 2984), which was establised on July 25th
2. prompt has been above the 4H 200ma (it’s 2970 now) since August 20th, now it’s broken and stayed below that
3. daily macd and directional movement are bearish
4. The Sept. 17th top, 3171 and the Oct. 17th peak 3138 seem to form a double top, from which a bigger pullback can be expected (I’d say back at least to the 2800-2750 area)
I look forward to others’ opinions and comments too.
Cheers!

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