Comments on: China and Japan back today https://fxww.com/china-and-japan-back-today/ The Professional Source Fri, 04 Jan 2013 00:08:05 +0000 hourly 1 By: Pete https://fxww.com/china-and-japan-back-today/#comment-13733 Fri, 04 Jan 2013 00:08:05 +0000 http://fxww.dreamhosters.com/?p=4132#comment-13733 Thanking you Sean. I got ur clue. Perhaps I ll go for cross play.

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By: Sean Lee https://fxww.com/china-and-japan-back-today/#comment-13730 Thu, 03 Jan 2013 23:56:02 +0000 http://fxww.dreamhosters.com/?p=4132#comment-13730 Another possibility is to turn part of position into cross play, ie sell AUD/USD or EUR USD especially when NFP is due. This is good way of reducing risk around event time

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By: Sean Lee https://fxww.com/china-and-japan-back-today/#comment-13729 Thu, 03 Jan 2013 23:53:20 +0000 http://fxww.dreamhosters.com/?p=4132#comment-13729 Hi Pete, you might be tested on this one but personally I think you might be ok with this trade. Obviously 16200ish will be toppy short term so I’d reduce on any rallies of 75/90 pips. There could be dips to 160 but try to hold nerve I think if it happens. Hard to guess levels at this stage so keep watching it closely. Sorry not lot of help and if unsure, maybe reduce positn by 50% on a 40/50 pip rally?

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By: Pete https://fxww.com/china-and-japan-back-today/#comment-13725 Thu, 03 Jan 2013 23:25:45 +0000 http://fxww.dreamhosters.com/?p=4132#comment-13725 Good day Sean, Can you plz guide me what is the best way to hedge GBP/USD. I buy GBP against dollar @ 62.90 but heavy selling since then make it quite vulnerable. I think it can still go down to 1.60 before any retracements. Any opinion, to hedge GBP to that point? Thanks buddy and have a successful new yr to you 🙂

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