Comments on: AUD/USD: Stops going off near .9570 but Sovereign buyers reported nearby

By: Sean Lee

Sean Lee — Wed, 29 May 2013 06:30:08 +0000

I don’t see the move as being overly extreme. The market is bearish and wants to sell but you are right imho, the mky is making up reasons for selling. Any big dips are long-term buying opps I think at least until such time as the US stops printing

By: Nachiket

Nachiket — Wed, 29 May 2013 03:41:40 +0000

I don’t think so but wanted to ask you about the fall from european highs to asia open. 0.9691 to 0.9545. absolutely crazy. on back of what?

By: Sean Lee

Sean Lee — Wed, 29 May 2013 03:32:13 +0000

Sorry Nachiket out for another hour. Am I missing anythg important?

By: Nachiket

Nachiket — Wed, 29 May 2013 02:23:29 +0000

now that 0.9550 is taken out, you still expect more selling? this fall overnight is crazy. never seen aussie falling in a straight line. just after the consumer confidence it falls 150 pips. wow.

By: Sean Lee

Sean Lee — Tue, 28 May 2013 23:45:02 +0000

Good luck Lam-son. I’m popping out for few hours and hopefully it’ll be at 9900 when I get back 🙂 Japanese banks report sell orders $JPY 10260/65 with stops 10275+

By: Lam-Son

Lam-Son — Tue, 28 May 2013 23:42:15 +0000

Yes, I’ve bought AUDJPY at 9793. Thanks for the info, which made me more confident in this trade. I put the SL at 9711.