Comments on: AUD/USD: Overall bearish but AUD/JPY could be the fly-in-the-ointment https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/ The Professional Source Fri, 10 May 2013 00:49:25 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20752 Fri, 10 May 2013 00:49:25 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20752 I think we will see 95 cents in coming months but not in a straight line. Well done yesterday, and as you were taking some risk then it makes sense to hang on and try and make some profit. I’d trade 9950/10250 over coming week or so?

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By: T https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20749 Thu, 09 May 2013 23:41:59 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20749 What a ride last night! I had my tp triggered for half my position at 1.0115.. gotto be happy with that.
I’m not sure what to do with the rest.. It came so close to parity and hard to believe it would go north without a wash n rinse at least.
Sean, seems you’re still in the sell camp. What’s your medium term target?

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By: Sean Lee https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20747 Thu, 09 May 2013 23:18:05 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20747 Well done Baz, 100 pips is always an excellent result. There is no science to booking profits, as long as your risk-rward ratios make sense then that’s all that matters. If you can make 30 trades a year which each make 100 pips, then you will have a very good year!

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By: Bharath (Baz) https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20745 Thu, 09 May 2013 23:12:47 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20745 Hi Sean, I had some short orders from 1.0206 on the AUDUSD, closed them out at 1.0106 (S3) but felt really stupid when it kept falling further 50 pips.

Whats your advise on where to book profits?

Are you still running your shorts or looking to reload more short?

Thanks
Baz

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By: Sean Lee https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20738 Thu, 09 May 2013 22:17:49 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20738 Morning Yass, ideally we would add at 10250/80 and whilst that looks unlikely now, you never know what can happen especially if Yen crosses take off. Today, 10150ish will probably be tough to break but I also don’t expect huge capitulation below 10000

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By: yass https://fxww.com/audusd-overall-bearish-but-audjpy-could-be-the-fly-in-the-ointment/#comment-20734 Thu, 09 May 2013 22:10:15 +0000 http://fxww.dreamhosters.com/?p=7622#comment-20734 Hi Sean looking to add to shorts at 1.02 what levels you suggest.
Thks

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