Comments on: AUD market sitting on very long speculative positions

By: Nachiket

Nachiket — Tue, 05 Feb 2013 02:39:44 +0000

I am 100% with you that aussie is set for a big fall but question is when. last week when it touched 1.0360 i thought it would go to 1.02 now but it bounced to 1.0457.

By: dok

dok — Tue, 05 Feb 2013 02:27:00 +0000

it will be a great day Sean. although i am fully aware of market being ultra long AUD

By: Sean Lee

Sean Lee — Tue, 05 Feb 2013 02:19:52 +0000

That was a big call from Citi, and Deutsche recommending a buy-dip strategy for EURUSD.

By: Tony Darvall

Tony Darvall — Tue, 05 Feb 2013 02:11:39 +0000

long term EUR/AUD is so hard to pick right now, we got 2013 Citibank trade of year as short EUR/AUD yet i feel much more comfortable on buy side

By: Daniel

Daniel — Tue, 05 Feb 2013 00:04:17 +0000

Careful with RBA today.. market seems to be pricing the interest rate + its too long.. can we see another whipsaw?

By: Sean Lee

Sean Lee — Tue, 05 Feb 2013 00:00:45 +0000

Too right Pandu, that’s the 100 million $ question. Keep probing away with tight stops until you catch the wave, that’s only way I know

By: pandu

pandu — Mon, 04 Feb 2013 23:58:03 +0000

Excellent info Sean. The million dollar question is how can one know when the free fall has begun! The AUD has a nasty habit of rising like a phoenix and taking out all shorts!