Comments on: Asian market open, Wednesday October 30th https://fxww.com/asian-market-open-wednesday-october-30th/ The Professional Source Wed, 30 Oct 2013 01:22:39 +0000 hourly 1 By: Sean Lee https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31311 Wed, 30 Oct 2013 01:22:39 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31311 Thanks Chifbaw, I appreciate that. But remember, that the big weekly double bottom has a neckline near 15750 (https://www.tradingview.com/x/QADwyu75/) and if that holds then all other patterns will get blown out of the water in my very biased opinion

]]> By: Chifbaw https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31310 Wed, 30 Oct 2013 01:19:38 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31310 Hello Sean,

Regarding your GBPUSD trade idea, I would like to warn you that the potential fall from the double top formation is down to 1.5550 (350 pips from 1.5900).

]]> By: Sean Lee https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31304 Tue, 29 Oct 2013 21:43:43 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31304 Hi Bushido, well done at least you got in at decent levels 🙂 It’s really a 50:50 proposition at moment and although we get get a small dip today, I think buying dips is the clearer startegy. I’d get out flat and look for better trading opps elsewhere.

]]> By: Bushido https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31303 Tue, 29 Oct 2013 21:26:14 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31303 Sean, I thought about piggybacking your trade GBPAUD, and decided to sell the verbal intervention spike thinking it would be easy money. (fading jawbones usually is a decent trade)… Now short from 1.6915. Think there is any life in the aussie this session vs the pound?

]]> By: Abdullah Hussain https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31302 Tue, 29 Oct 2013 21:17:03 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31302 In reply to Sean Lee.

I hear you Sean, Guess I just have to wait it out again, plus 98.5 does feel magnetic at this point, yet I’m still going to go to bed tonight in my Bear Suit…haha (figuratively Speaking of course) 🙂

]]> By: Sean Lee https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31301 Tue, 29 Oct 2013 21:04:35 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31301 Morning Abdullah, txs for mail will reply bit later. I think it’s certainly possible that we get s/t fluctuation 9770/9850 but trying to pick next 30/40 pips is v hard. Best wait for 40 pip dips and buy, or 40 pip rallies and sell?

]]> By: Abdullah Hussain https://fxww.com/asian-market-open-wednesday-october-30th/#comment-31300 Tue, 29 Oct 2013 20:57:33 +0000 http://381c099c8f.nxcli.net/?p=11025#comment-31300 Morning Sean,
Well as I said yesterday my gut was telling me we’re going north in usd/jpy so I took a long earlier today once we broke 97.8, at 97.87 and closed it at 98.2, and took one yesterday at 97.55, I know nobody has a direction for this pair, but the Break of 97.8 as you mentioned has brought back some Bull interest, yet I am still cautious and feel, 98.2-98.4 might be a possible turning point once again for this pair, and maybe (hopefully) we will start to go South again as the day progresses building bear momentum. I wanted to ask you, would it be Crazy to try taking a Short right now with a tight stop,or is it too risky, as this point does seem to be real shady?

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