Comments on: FX market still in stop-loss mode: Positioning light ahead of election results https://fxww.com/fx-market-still-in-stop-loss-mode-positioning-light-ahead-of-election-results/ The Professional Source Tue, 06 Nov 2012 21:05:59 +0000 hourly 1 By: Kirill https://fxww.com/fx-market-still-in-stop-loss-mode-positioning-light-ahead-of-election-results/#comment-4635 Tue, 06 Nov 2012 21:05:59 +0000 http://fxww.dreamhosters.com/?p=2257#comment-4635 1.037 seems aggressive given market mood. I am thinking about cutting all shorts around 1.04 (or lower if market will cooperate). Gold was remarkable today, as well as WTI. Though on bearish side, I was impressed that 1.045 did hold for AUD/USD during US session.

Agree that I will need to wait several days before dust will settle on the upside. If it get to 1.06 I will be happy to reestablish short.

]]> By: Sean Lee https://fxww.com/fx-market-still-in-stop-loss-mode-positioning-light-ahead-of-election-results/#comment-4625 Tue, 06 Nov 2012 20:50:25 +0000 http://fxww.dreamhosters.com/?p=2257#comment-4625 Hi Kirill, I’m just doing up a positioning report which I will send out later but the crux is that the market is pretty flat position wise but the bids are much bigger than the offers so mkt is keen to get long. Sounds like we head higher. I’m still running a short position and hoping to cover some/most near 10370ish. If bearish, then be patient as we could see 106 imho

]]> By: Kirill https://fxww.com/fx-market-still-in-stop-loss-mode-positioning-light-ahead-of-election-results/#comment-4614 Tue, 06 Nov 2012 20:26:53 +0000 http://fxww.dreamhosters.com/?p=2257#comment-4614 It was quite a strong finish for risk at the end of Euro session. But end of US session seems to do some minor risk selling. I am still struggling with AUD/USD. From one point of view I like short at current levels, but on the other hand sentiment is quite bullish and the risk of running stop losses above is substantial. Do you have any view on it for asian session?

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