Comments on: AUD/JPY: Looks like a ‘sell-break’ set-up https://fxww.com/audjpy-looks-like-a-sell-break-set-up/ The Professional Source Mon, 08 Oct 2012 08:51:56 +0000 hourly 1 By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1083 Mon, 08 Oct 2012 08:51:56 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1083 My risk is still correct at 80.10. I will move my stop later on market development 😉

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1081 Mon, 08 Oct 2012 08:42:19 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1081 I think stops can be lowered a bit, to 7995ish but I’m a stubborn old goat so will leave mine above 8010. US holiday tonight so mkt will start to die off in about 2 hours I’d say

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1080 Mon, 08 Oct 2012 08:38:45 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1080 I have increased my position at 79.40 with small lot.

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1078 Mon, 08 Oct 2012 08:35:01 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1078 DH, he’s been around even longer than you so that’s saying something 🙂

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1076 Mon, 08 Oct 2012 08:25:21 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1076 No Pap, this is interbank dealing desk, obviously seeing more sellers than buyers on books

]]> By: DH https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1075 Mon, 08 Oct 2012 08:24:18 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1075 Yes and am still looking for the higher test in this climate; I saw one of your ‘men’ mentioned GBPNZD – completely concur, in fact that pair was my highest earner in the last 18 months after GOLD !

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1074 Mon, 08 Oct 2012 08:21:52 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1074 Why are they very bearish on USD/JPY ? Is it macroview ?

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1072 Mon, 08 Oct 2012 08:07:02 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1072 The guys I’m listening to are v bearish USD/JPY and say the stops will go, but as we know we all talk our positions 🙂 I’d say AUD/JPY shud stay below 7980 now

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1069 Mon, 08 Oct 2012 07:51:26 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1069 Sean,

Obviously, we have some offers at 80.10/20. Do you know the strength of this bids ? You are my eyes with your squawk box 😉

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1067 Mon, 08 Oct 2012 07:44:03 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1067 Nice Dave, that trade has served you well

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1065 Mon, 08 Oct 2012 07:41:20 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1065 Thanks for this advices, Sean. I hope that i will be luckier than last week 😉

]]> By: DH https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1064 Mon, 08 Oct 2012 07:38:59 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1064 Evening Sean, well my GBPAUD looks ok, see we got to about 50 odd pips off first target; as you say AUD looks soft so a target another 300 higher looks a potential

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1059 Mon, 08 Oct 2012 07:28:16 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1059 Trailing stop above 8010 to begin with. Keep positions manageable and I think we’ll be ok.

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1058 Mon, 08 Oct 2012 07:26:52 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1058 Yep, I follow you 😉

]]> By: Sean Lee https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1057 Mon, 08 Oct 2012 07:23:43 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1057 No I have a sell order in at 60 for a relatively small position and will sell same amout at 40 and 20; think I might get set in a minute??

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1056 Mon, 08 Oct 2012 07:15:13 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1056 Sean,

For this trade, if we break 79.60, do you open a position without confirmation or do you wait about 40 pips deeper to confirm this break ?

]]> By: Papillon https://fxww.com/audjpy-looks-like-a-sell-break-set-up/#comment-1055 Mon, 08 Oct 2012 07:05:03 +0000 http://fxww.dreamhosters.com/?p=1207#comment-1055 From your comment “Asia open market” : ” AUD/USD: Large sell orders from global macro hedge funds ensured that the pair couldn’t rise after the positive US data and what can’t go up usually goes down.”
After the NFP release, I have monitored this cross I was really very impressive that the prices haven’t spiked up. One month ago, it has climbed for 5 days… I think, you are right with your AUD/USD sentiment.

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