Comments on: Dollar likely to stay well bid over holiday period https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/ The Professional Source Thu, 19 Dec 2013 20:51:59 +0000 hourly 1 By: Abhi https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34082 Thu, 19 Dec 2013 20:51:59 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34082 In reply to Sean Lee.

No worries, thank you Sean. Have put buy stops at 103.5 and 103. speculative stops though, no fundamental or technical analysis.

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By: Sean Lee https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34080 Thu, 19 Dec 2013 20:32:09 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34080 Sorry Abhi, don’t have any strong view there on what big levels are. Wait n watch mode as usual.

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By: Abhi https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34051 Thu, 19 Dec 2013 07:21:55 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34051 In reply to Sean Lee.

Hi Sean, what would be your point of entry for USDJPY if you don’t mind me asking that.

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By: Sean Lee https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34044 Thu, 19 Dec 2013 05:47:21 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34044 I do love a big call Praveen 🙂 Not sure we get that far but I am also definitely in dip buying camp. I’m bit worried that market is already heavily on this trade but that shouldn’t stop us playing the bullish swings. Hard to pick levels at random.

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By: Praveen https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34042 Thu, 19 Dec 2013 05:24:20 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34042 Hi Sean, Your view please on GBPJPY, I can see it heading to 183 in a month or so

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By: Abhi https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34026 Wed, 18 Dec 2013 21:22:12 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34026 Thanks FP, it has been a really bad day for me. I was long GBPAUD, USDCAD and USDJPY and i closed all of them before i could make cool pips.

Agreed that i had to reduce my risk exposure before FOMC but closing USDJPY after tapering announcement, that was really insane of me.

Just one of those days, at least i did not loose any money.

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By: Sean Lee https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34025 Wed, 18 Dec 2013 21:20:30 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34025 Hi Uresh, I don’t see it moving that far. It’s been in range trading mode for years and won’t move overly far imho.
Short-term bias definitely bearish but 13500/13750 range or somethg like that is most likely outcome I think (unless somethg negative happens re EZ bank bailout)

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By: Uresh https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34024 Wed, 18 Dec 2013 21:16:29 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34024 Hi Sean,

I see Euro heading lower towards 1.30 levels probably after the season. Your views. Uresh.

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By: Forex Positive https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34023 Wed, 18 Dec 2013 21:15:33 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34023 In reply to Abhi.

Hi Abhi,

I do that all the time too. Close the position and watch it move another 100pips in my favour. One day when i transform into a cyborg robot, then i shall remove emotions from my list of things not to do when trading. 🙂

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By: Abhi https://fxww.com/dollar-likely-to-stay-well-bid-over-holiday-period/#comment-34021 Wed, 18 Dec 2013 21:09:13 +0000 http://381c099c8f.nxcli.net/?p=11416#comment-34021 I got out of long USDJPY after FOMC statement making a few pips. Still banging my head why i did that. 🙁

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