Comments on: AUD: Big hedge funds selling again in overnight trade https://fxww.com/aud-big-hedge-funds-selling-again-in-overnight-trade/ The Professional Source Mon, 06 May 2013 23:11:14 +0000 hourly 1 By: Sean Lee https://fxww.com/aud-big-hedge-funds-selling-again-in-overnight-trade/#comment-20603 Mon, 06 May 2013 23:11:14 +0000 http://fxww.dreamhosters.com/?p=7513#comment-20603 Sorry Dok, shud have been clearer, risk-reward wud suggest toi me that you shud exit aud/jpy longs and wait until after RBA; I see main risk to downside for cross in s/t

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By: Sean Lee https://fxww.com/aud-big-hedge-funds-selling-again-in-overnight-trade/#comment-20601 Mon, 06 May 2013 23:08:13 +0000 http://fxww.dreamhosters.com/?p=7513#comment-20601 Hey Dok, definitely a risky play but its a risky business and the risk reward is excellent I think on AUD/JPY in partic. Keep positions smaller and stops wider but if this breaks lower then I think we could get 400 pips fairly quickly

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By: dok https://fxww.com/aud-big-hedge-funds-selling-again-in-overnight-trade/#comment-20597 Mon, 06 May 2013 22:56:38 +0000 http://fxww.dreamhosters.com/?p=7513#comment-20597 Sean, is it the time to exit AUD/JPY long should we see reserve bank reduce rates by 25 to 50 bps? i would also short USD/JPY at 99.75 should price goes there.

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