Comments on: AUD/USD session outlook: Choppy sideways trade but selling rallies preferred https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/ The Professional Source Mon, 19 Nov 2012 04:17:54 +0000 hourly 1 By: Mike https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/#comment-7430 Mon, 19 Nov 2012 04:17:54 +0000 http://fxww.dreamhosters.com/?p=2834#comment-7430 I would expect a slow rise before news come out, consider this trading week is a short week. And eur/jpy is heavy.

SL around 1.2800 maybe triggered. 1.2850/60 would also be possible when liquidity is thin.

]]> By: Sean Lee https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/#comment-7421 Mon, 19 Nov 2012 03:34:15 +0000 http://fxww.dreamhosters.com/?p=2834#comment-7421 Stops above 12805 Mike so if they are triggered then might see 12850/60?? Perhaps sell there, you think??

]]> By: Mike https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/#comment-7419 Mon, 19 Nov 2012 03:29:06 +0000 http://fxww.dreamhosters.com/?p=2834#comment-7419 agree.

I will try short EUR, news about tomorrow Greece will get deal, maybe around that time to fade a silly move.

]]> By: Sean Lee https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/#comment-7415 Mon, 19 Nov 2012 02:42:50 +0000 http://fxww.dreamhosters.com/?p=2834#comment-7415 It’s been going sideways for ages Mike and might continue to do so. Yeah agree that cliff deal will benefit risk in s/t and that USD/JPY might be better vehicle to be long USD but its just possible that mkt reacts as we don’t expect? Whatever happens, I still prefer shorts until proven wrong

]]> By: Mike https://fxww.com/audusd-session-outlook-choppy-sideways-trade-but-selling-rallies-preferred/#comment-7413 Mon, 19 Nov 2012 02:31:13 +0000 http://fxww.dreamhosters.com/?p=2834#comment-7413 This’s a nice plan, your position average is really good 🙂

One point to discuss, if market expect deal, wouldn’t this be risk on and boost AUD?

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