Comments on: EUR/AUD: Worth buying dips but keep stops tight below 1.4150 https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/ The Professional Source Thu, 19 Sep 2013 03:49:25 +0000 hourly 1 By: Sean Lee https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29805 Thu, 19 Sep 2013 03:49:25 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29805 Hi Joe. Dips are when mkt goes lower and rallies are when prices rise. We normally try to buy on the dips and sell on the rallies. Getting timing right is tricky part

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By: Jack https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29804 Thu, 19 Sep 2013 03:48:18 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29804 A have a small long as I place more emphasis on the 4H and daily but I’ll see how the pair opens next week and see if it confirms my bullish bias. Cheers Sean.

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By: Sean Lee https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29803 Thu, 19 Sep 2013 03:44:42 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29803 Best wait Jack, when all signs align then have a crack

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By: Jack https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29800 Thu, 19 Sep 2013 03:39:47 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29800 Hi Sean,

I have some pretty nice bullish divergences on the 4H and daily TF on EUR/AUD, off the monthly S2/trendline. This trade looks good to me. However, weekly momentum looks to have topped. Any thoughts? Ye old conflicting signals.

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By: Joe Shaw https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29796 Thu, 19 Sep 2013 01:35:04 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29796 I do not understand your terminology buying the dips on the EURAUD. I assume you want to look to go long with that phrase, Right? Do you mean sell the rallies and go short? Please explain
The Yen Guy

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By: Kirill https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29787 Wed, 18 Sep 2013 23:30:18 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29787 I am surprised myself, but I do like that pair. Maybe be because I know nothing about neither NZD nor AUD and have less fundamental bias there))). It could bottom at 111, but I’ll take my chance here. I guess stop loss around 1250.

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By: Sean Lee https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29784 Wed, 18 Sep 2013 23:16:48 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29784 You do love that pair Kirill 🙂 Definitely oversold and it’s the only AUD pair which hasn’t recovered yet. Agree there will be a sharp bounce at some stage but is it from 113 or from 111? I’d say it will do what all pairs do, stuff as many people as possible before taking logical steps

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By: Kirill https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29783 Wed, 18 Sep 2013 23:14:37 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29783 If risk is on AUD/NZD should perform, chart could possibly be botoming. I am entertaining idea of going long it in next 24 hours, need to wait for dust to settle a little bit

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By: leo https://fxww.com/euraud-worth-buying-dips-but-keep-stops-tight-below-1-4150/#comment-29779 Wed, 18 Sep 2013 22:49:38 +0000 http://381c099c8f.nxcli.net/?p=10638#comment-29779 almost 100% retracement of the move from 1.418 to 1.503.

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