Comments on: AUD/USD and AUD/JPY technicals updated

By: Papillon

Papillon — Thu, 17 Jan 2013 09:08:52 +0000

Obvioulsy, it gaps higher. Well done for EUR/CHF.

By: Papillon

Papillon — Thu, 17 Jan 2013 08:36:35 +0000

OK, thanks !

By: Sean Lee

Sean Lee — Thu, 17 Jan 2013 08:33:43 +0000

Looks like breaking higher now, best wait and see. If it gaps higher then simply take profit and look for next trade

By: Papillon

Papillon — Thu, 17 Jan 2013 08:28:57 +0000

Thanks for this advice. I am not used to add, i’m going to try…

By: Sean Lee

Sean Lee — Thu, 17 Jan 2013 08:07:20 +0000

Play by feel Papillon, I’d add near 13270 now with stops below 13250 for total or if 13320 breaks, then look for smaller dips to add again. Remember target at 13450 ish so don’t be buying too close to there

By: Papillon

Papillon — Thu, 17 Jan 2013 07:54:53 +0000

Sean,

According to you, what are the requirements to add the position on EUR/USD ? Is it correct if wait the break above 1.3320 and then i confirm this level by waiting 2 candles (1H chart) ?

By: Sean Lee

Sean Lee — Thu, 17 Jan 2013 07:14:20 +0000

Apologies Papillon, was away for a while. Yes profit is always nice. Talk of possible big cable buyers but I’m bit wary. Think 13270/13320 holding range EUR/USD and then higher

By: Papillon

Papillon — Thu, 17 Jan 2013 06:22:52 +0000

Good evening Sean,

Thanks for the email. During Asian session, the level has held at 1.3255 on EUR/USD.The momentum seems flat ?? Well done for the booking partial profit 😉