Comments on: AUD/USD: Look to trade .9580/.9670 technical levels https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/ The Professional Source Mon, 27 May 2013 23:38:36 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21197 Mon, 27 May 2013 23:38:36 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21197 Hi Paul. The BIS, China’s PBOC, regional central banks and Sovereign wealth funds. That pretty much covers it.

]]> By: Paul https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21196 Mon, 27 May 2013 23:34:10 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21196 Hey Sean…..what exactly do you mean by Sovereign buyers or sellers?
Thanks….

]]> By: Steven https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21192 Mon, 27 May 2013 23:12:48 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21192 Yes small bids are the order of the day (well lots of days), my whole goal is to ease in and figure it all out. I appreciate you taking the time to answer my questions, especially being so obviously new. Your blog is a real asset.

Cheers

S.

]]> By: Sean Lee https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21191 Mon, 27 May 2013 23:07:49 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21191 Yes indeed Steven, that is a viable plan. I know you are fairly new to trading, and a real good plan at the beginning is to be very exact with entry and exit levels. Have an exact stop-loss and take-profit ratio in mind. Don’t enter the mkt just to have a position; wait until your exact levels are reached. Good luck with it and stay very very small in the beginning; this is an ultra-marathon, not a sprint 🙂

]]> By: Steven https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21190 Mon, 27 May 2013 22:59:54 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21190 Hey Sean,

Does this sound viable based on what you put.. AUD/USD.. buy some USD with the idea of the AUD dropping down to below .96 and then when it hits the .95 levels you stated, jump out of that and pick up the AUD heading up?

]]> By: SergaNet https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21189 Mon, 27 May 2013 22:56:07 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21189 In reply to Sean Lee.

Great range, Sean! 0.9950, 1.0050 and 1.0100

]]> By: Sean Lee https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21187 Mon, 27 May 2013 22:22:27 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21187 Good luck Serga, I also like the long-term buy-dip play. Maybe it trades 94/101 for the next few months?

]]> By: SergaNet https://fxww.com/audusd-look-to-trade-9580-9670-technical-levels/#comment-21185 Mon, 27 May 2013 22:16:21 +0000 http://381c099c8f.nxcli.net/?p=7998#comment-21185 Good morning, Sean! I think the AUD quite oversold (unless of course there is such a concept in the market), according to the analysis on the weekly chart, there is a point where AUD can be fixed, I think buy small payments to 0.9563, 0.9542 and buy the major part of the 0.9416, wait for a big correction upwards. I long gaining position because my strategy medium-term trade Sean, therefore, such an approach. Good luck to you, Sean!

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