Comments on: AUD/JPY: Still short with stop above 80.10 https://fxww.com/audjpy-still-short-with-stop-above-80-10/ The Professional Source Tue, 09 Oct 2012 05:48:31 +0000 hourly 1 By: Papillon https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1159 Tue, 09 Oct 2012 05:48:31 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1159 I agree with you

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By: Sean Lee https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1157 Tue, 09 Oct 2012 05:39:20 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1157 Not sure about gbpaud, though Mika did pick a beautiful entry lvl earlier today, jumped 20 pips straight away. best wait n see how it develops I think?

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By: Papillon https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1156 Tue, 09 Oct 2012 05:32:19 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1156 Sean,

If you want buy cable, what do you think on GBP/AUD ? Specially at 156.40 ?
http://imageshack.us/a/img844/281/gbpaud.jpg

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By: Sean Lee https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1150 Tue, 09 Oct 2012 05:05:09 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1150 That’s the trouble with break trades, if they keep going then there is a huge move and there is never any retracement. But if you sell the break and loses momentum then we always get stopped. Was worth a try I think but I hate losing. I’m watching EUR/AUD for possible s/t topping pattern or alternative might try to buy cable dips; lets see how develops

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By: Papillon https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1149 Tue, 09 Oct 2012 04:56:04 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1149 Morning Sean,

I just woke up and my stop has been triggered on AUD/JPY. I am very unlucky on this cross since last week 🙁 nevertheless it was a good idea…

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By: Jones https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1127 Mon, 08 Oct 2012 23:31:06 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1127 Thanks Sean, my feeling on the AUD is the same as yours.

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By: Sean Lee https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1126 Mon, 08 Oct 2012 23:11:55 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1126 Good luck Jones, I still cannot see any clear reason for buying AUD so I’m happy to play from short side. There will of course always be short-covering rallies but if they happen, keep stops tight and wait for better levels to sell is how I see it

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By: Sean Lee https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1125 Mon, 08 Oct 2012 23:10:29 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1125 Hi Lam-Son, no I only sold the break which is not usually how I like to trade but the opportunity seemed quite clear. If it now can break below 7920ish I will look to add on rallies from there, presuming of course that I don’t get stopped out first- but such are the dangers of FX trading 🙂

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By: Jones https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1124 Mon, 08 Oct 2012 23:03:37 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1124 Morning Sean. Same here, my AUD/USD short also got triggered last night. I can see AUD will go down but may take some time.

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By: Lam-Son https://fxww.com/audjpy-still-short-with-stop-above-80-10/#comment-1123 Mon, 08 Oct 2012 22:59:49 +0000 http://fxww.dreamhosters.com/?p=1237#comment-1123 Hi Sean! Did you add more short positions of this pair when the price moved towards 80 last night? I closed mine winning only 15 pips to be safe. I might short this pair again.

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