Comments on: AUD/USD: Taking a small long position at .9600 https://fxww.com/audusd-taking-a-small-long-position-at-9600/ The Professional Source Wed, 05 Jun 2013 13:47:32 +0000 hourly 1 By: Andras https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21799 Wed, 05 Jun 2013 13:47:32 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21799 Hi Sean,
I think AUDUSD targetting 0.9280-90 because ALL retail trader long since 1.03 and because of positive swap retail traders will dont give up easily. Large retail sell limit order have at level 0.9280-90 maybe stoploss. I will be long at this level or if this not happen i will closely watch audusd after euraud hit 1.3840-50 (i think this will be top for euraud)

]]> By: FxDrive https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21771 Wed, 05 Jun 2013 07:43:11 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21771 It’s been nearly 2 months since i argued for a rise in EURAUD rate…over 1000 pips rise. Obviously i only took a small portion of that ( i get stupid that way sometimes) but now looking at the market again can’t help BUT be long AUD. And by God i will ride this one back to parity 😀 ( hope so). Never listen what ” the big ones” are saying…as Sean pointed out , the track record always speaks for itself. Use common sense risk management and the market takes care of the rest.

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21770 Wed, 05 Jun 2013 07:29:15 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21770 Well named Matthew 🙂

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21769 Wed, 05 Jun 2013 07:28:58 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21769 I’ll do my best to talk it up for you Mary 🙂 Yes agree on conflicting signals, Gold looks like it’s about to try and hurt the bears again which shud be AUD positive but as yu say, EUR and GBP still look well bid against the little Aussie bleeder

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21768 Wed, 05 Jun 2013 07:27:06 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21768 Hi Kamran, what I meant was that the mkt often gets bullish at range highs and bearish at range lows. We’ve fallen 10 big figs from 106 and the selling seems top be coming from those who were bullish at higher levels. I take it all with big pinch of salt

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21767 Wed, 05 Jun 2013 07:11:49 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21767 Looks pretty heavy still, 9525 test looks inevitable

]]> By: matt https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21766 Wed, 05 Jun 2013 06:58:52 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21766 In reply to Sean Lee.

I like aud too but I will wait for NFP before I get in audusd.

]]> By: MatthewC https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21764 Wed, 05 Jun 2013 06:51:30 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21764 Hi Sean,

I think we need to fill the gap up from beginning of the week esp after the sell from late Friday New York Session before the retrace back up to 0.98.

As for GS a friend of mind refers to the them as Le Squid 😐

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21763 Wed, 05 Jun 2013 06:46:28 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21763 Hi Matt, no target yet, probably only 9850ish but lets wait n see if it can turn first

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21762 Wed, 05 Jun 2013 06:44:26 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21762 Agree Peter, EUR/AUD is a potential fly in the ointment, that’s why I’m only running small risk for now, lets see how it develops

]]> By: Sean Lee https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21761 Wed, 05 Jun 2013 06:43:42 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21761 Exactly Lio, their track record for honesty in the mkts speaks for itself!

]]> By: matt https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21760 Wed, 05 Jun 2013 06:43:24 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21760 Hi Sean. What is you target for this trade 1.0 1.3?

]]> By: Mary https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21759 Wed, 05 Jun 2013 06:43:12 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21759 Hi Sean,

The USD is looking under pressure and, if this continues, this might help the A/U LONG.

Also, there is a triangle on Gold 4hr too. Any bullish breakout here might help the Aussie as well.

The concern though, as noted by Peter, is the bullish EUR/AUD. Also, I’ve noted the bullish look to the GBP/AUD….a chart if dredged up again.

Charts here to see what I mean. http://tradespottingthemarkets.blogspot.com.au/

I’m heading to the US in a few weeks so very keen to see it hold up for as long as possible!

]]> By: Lam-Son https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21758 Wed, 05 Jun 2013 06:41:44 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21758 GBPAUD is approaching the round number 1600. I consider selling just below 1600.

]]> By: Kamran https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21757 Wed, 05 Jun 2013 06:39:28 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21757 Hi Sean, why do you think those who were bullish at 1.05 are selling at 0.96. I just can’t see the logic here?

]]> By: Lio https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21756 Wed, 05 Jun 2013 06:39:22 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21756 Prefered strategy for today : “Do the opposite as GS said” 🙂

]]> By: peter https://fxww.com/audusd-taking-a-small-long-position-at-9600/#comment-21755 Wed, 05 Jun 2013 06:36:36 +0000 http://381c099c8f.nxcli.net/?p=8256#comment-21755 being on right side of eur/aud will reward handsomly. that thing just goes and goes and goes in one direction ive noticed. you are a brave man lol…

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