Comments on: EUR: Heavy sales seen from asset managers https://fxww.com/eur-heavy-sales-seen-from-asset-managers/ The Professional Source Tue, 19 Mar 2013 21:42:53 +0000 hourly 1 By: Sean Lee https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18187 Tue, 19 Mar 2013 21:42:53 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18187 Thanks Jason, Papillon, yes did nicely, bought some back near current levels so even with Monday’s loss its still a nice position. Got lucky with entry level but I guess if you stare at the screen all week long there will be some rewards 🙂 Should be quiet today with Tokyo closed

]]> By: Cozmin https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18186 Tue, 19 Mar 2013 21:31:11 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18186 hi everybody! do u think we shall close all out eurchf long? do we revisit 1.2? thanks

]]> By: Papillon https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18185 Tue, 19 Mar 2013 21:25:25 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18185 Good morning Sean,

Well done on EUR/JPY for this second attempt 😉

]]> By: Kirill https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18184 Tue, 19 Mar 2013 21:19:23 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18184 Jordan: So your statement in other words: it is unwise to chase EUR/USD down. My take is to wait for base to happen and then go long. So far I have not seen convincing basing action, though decline did slow down. I think Sean’s target of 1.2680 looks quite feasible in this context. In case if you are right and market decides to jump guns to 1.32 from here I would wait for that correction to complete and go short there. So in short sell around 1.32 with goal 1.25 or buy around 1.268 with goal above 1.30. Seems like a plan for me.

]]> By: jason https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18182 Tue, 19 Mar 2013 20:47:31 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18182 Hi Sean, I agree. The sentiment has turned. do you still express this view through EJ?

]]> By: Jordan https://fxww.com/eur-heavy-sales-seen-from-asset-managers/#comment-18180 Tue, 19 Mar 2013 20:43:03 +0000 http://fxww.dreamhosters.com/?p=6442#comment-18180 Good morning Sean. I think we need to see a temporary recovery (up to 1.32/33) which would also close the gaps. And then testing 1.25/26 and finally testing over 1.40. Of course none of these will happen in the blink of an eye. Timing is the key.

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