Comments on: AUD/USD: Reasonably orderly compared with EUR/USD! Look to book profits .9325/40

By: Schubes

Schubes — Thu, 11 Jul 2013 00:51:14 +0000

Thanks, Sean. Got a limit in there. Let’s see if the ECB has an emergency jawbone this evening to out-dove Bernanke (just like they did with Carney and UK manufacturing).

By: Sean Lee

Sean Lee — Thu, 11 Jul 2013 00:33:29 +0000

Hi Schubes, top in place at 144 for now and more likely to retrace towards 135ish. BUT it will be choppy so play near edges of 137/143 range. Getting close to sell zone again imho at current levels 142ish

By: Sean Lee

Sean Lee — Thu, 11 Jul 2013 00:31:48 +0000

Unlucky there Nachiket, happens to all of us, just forget about it and move on. I think we will range trade 9150/9350 for while but USD bull move is over so buying dips definitely preferred.

By: Schubes

Schubes — Thu, 11 Jul 2013 00:02:18 +0000

Hi Sean. Any thougths on EURAUD? It looks like it might be retesting a supporting trendline (although I could draw one in several places, to tell near any story). Hasn’t come off the peak like EURUSD. Still too early to short?
https://www.tradingview.com/x/QDN47To3/

By: Nachiket

Nachiket — Wed, 10 Jul 2013 23:53:22 +0000

Sean I had a good position in aud/usd just to get stopped out for 50 pips by the fomc minutes and from my buying position also it has rallied 100 pips. just one of those days where I am furious at myself for keeping a tight stop. suggest me what to do in aud/usd?

By: Sean Lee

Sean Lee — Wed, 10 Jul 2013 23:49:19 +0000

Whippy range trading George inside wide 137/144. Only positional readjustments cause lopsided s/t moves

By: George

George — Wed, 10 Jul 2013 23:39:16 +0000

Hello Sean, mammoth rally I should say in euro/usd. But this looks all the more silly when we see what dragging said, whats happening in Italy, Spain, Greece and Portugal. I do not see why the rally in Eur/aud when what Bernanke said should not have affected this pair at all. Your comments on Eur/aud