Comments on: AUD/USD: Running into very solid bids but no big bounce yet

By: Sean Lee

Sean Lee — Mon, 24 Jun 2013 22:30:23 +0000

Sorry Tim, missed your comment earlier. I’d say try to stay on this pair if/when it takes off. I think you could see 95 but not in a straight line. My default reaction is always to book some profits after a quick 300 pip move, so if we get one of those, don’t look the gift horse in the mouth 🙂 Then you can always look to re-load on dips.

By: Sean Lee

Sean Lee — Mon, 24 Jun 2013 21:09:53 +0000

Thanks Papillon, better to be lucky than good 🙂

By: Tim

Tim — Mon, 24 Jun 2013 14:57:24 +0000

Hi Sean, Thanks for your ideas. always they give me the green pips 😉 since I read your analysis on Aud/Jpy I have been waiting for a decent retracement especially when i saw the hammer on daily . I had the chance today after i saw the 4Hr close to enter 2-middle size positions at pivot point 90.00 with a SL at 89.56 , Do you think a 92.5 would be a reasonable Target or more aggresively at 95 . ??

By: Papillon

Papillon — Mon, 24 Jun 2013 12:56:49 +0000

Well done, mate 😉

By: Sean Lee

Sean Lee — Mon, 24 Jun 2013 08:44:19 +0000

I’ve had a very good 6 months so that eases the nerves a lot 🙂 If the mkt gets this sell-off wrong, the bounce will be really really steep

By: Michael

Michael — Mon, 24 Jun 2013 08:43:45 +0000

It’s been declining for just over 10 weeks, it has to turn around soon

By: Lam-Son

Lam-Son — Mon, 24 Jun 2013 08:40:38 +0000

You must have strong nerves to buy the Aussie. Looking at how the rate attacking 9150 without trading is fun 🙂