Comments on: AUD/USD testing 1.0500 on slightly neutral statement

By: Sean Lee

Sean Lee — Tue, 02 Apr 2013 21:53:46 +0000

I’m too risk averse Kirill, I don’t go all-in 🙁 Plus I only trade my own account, not other peoples money. And don’t forget all the losing trades! Btw plenty of stops now above 10510 and lot of demand for NZD/USD, so would not surprise me to see spike to 10530/50 before back to 10350.

By: Kirill

Kirill — Tue, 02 Apr 2013 21:20:51 +0000

Thanks Sean, I think I am trying to force myself to work through my own ideas. It is really nice of you to give away all the thinking, but I need to make sure I can do it on my own. Sometimes, I wonder how come you have not surpassed Soros yet…. I’ve seen remarkable number of really good trade ideas here over last half a year….

By: Sean Lee

Sean Lee — Tue, 02 Apr 2013 20:14:07 +0000

Teflonium well named! There are so many other more interesting and volatile trades that I find it hard to concentrate on the Aussie. I prefer the short sidee still, and AUD/JPY has made decisive break for next s/t move lower imho. Not 100% sure on levels but will eventually fall I think

By: Kirill

Kirill — Tue, 02 Apr 2013 20:02:03 +0000

Sean, any thoughts on mini double top in AUD/USD around 1.048? I have increased short in AUD and now meditating whether it was a right move…. Overall risk trade looks toppy around many instruments, but teflonium is well known for defying gravity.