Comments on: AUD/USD: Still prefer to sell rallies towards 1.0250 https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/ The Professional Source Wed, 08 May 2013 07:46:41 +0000 hourly 1 By: Sean Lee https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20662 Wed, 08 May 2013 07:46:41 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20662 Could be worth a quick buy-break play with tight trailing stop, that’s for sure.
I’ve got an alert in place at 8365 which is where I had hoped to buy but never got there

]]> By: Papillon https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20661 Wed, 08 May 2013 07:30:52 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20661 In reply to Papillon.

>Sean, I guess, you have noted double bottom on EUR/GBP with neckline at 8500.

]]> By: Sean Lee https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20657 Wed, 08 May 2013 05:45:09 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20657 Hi MS, sorry sent you an email also with members details, I got confused 🙁 Delete if you don’t need it.
Yes still like the sell rally play and just gotta see how mkt develops. Don’t like selling too close to support at 10115

]]> By: Papillon https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20656 Wed, 08 May 2013 05:44:32 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20656 Good evening Sean,

Thanks Sean for this update. Yesterday morning, we didn’t reach my level at 1.0220, and yesterday evening, I wondered if this level was well suited. You are smarter than me on this topic so I will listen you at 1.0250. Otherwise on USD/CHF, do you agree if I say we have to wait to break 9500 to trade a bit (sideline [9250-9500]) or have you some thoughts ?

]]> By: ms https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20653 Wed, 08 May 2013 03:31:13 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20653 Hi sean – great call again yesterday on the RBA. Is it still your preference to the short rallues to 1.025?

]]> By: Sean Lee https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20645 Wed, 08 May 2013 00:54:04 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20645 Hi T, patience needed I think, we may see short squeeze but rallies won’t be very big IMHO max 100 pips

]]> By: T https://fxww.com/audusd-still-prefer-to-sell-rallies-towards-1-0250/#comment-20642 Tue, 07 May 2013 23:27:24 +0000 http://fxww.dreamhosters.com/?p=7549#comment-20642 Entered short yest after the rate call since it was a no-brainer. I’m not sure how to exit this. It didn’t test the 1.0140s let alone the 1.0115 last night. Equity markets probably provided some support??
Just wondering if you have shorts at the moment and given it didn’t move as we expected what would be your exit or build position strategy? Cheers!

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