Comments on: GBP/AUD trade update: Short position cut for a small loss https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/ The Professional Source Tue, 02 Oct 2012 05:19:10 +0000 hourly 1 By: DH https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-750 Tue, 02 Oct 2012 05:19:10 +0000 http://fxww.dreamhosters.com/?p=961#comment-750 For anyone reading my comments I should point out that I usually don’t enter a position unless I have a good stop loss say 200 points away and am also looking for a potential 2-3:1 r/r often more

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By: DH https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-749 Tue, 02 Oct 2012 05:17:21 +0000 http://fxww.dreamhosters.com/?p=961#comment-749 Yes I saw; I have been in at a good level and am quite committed to it ! However I still want a consolidation of that cross up here. Agree with your synopsis of AUD and looks like we could get a shove down to 1.0230 ( just think the kiwi should catch up); I also was very jammy and got some more USDJPY on an order below 77.50 ! so I actually have a GBPJPY from the legs !

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By: Sean Lee https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-748 Tue, 02 Oct 2012 05:12:29 +0000 http://fxww.dreamhosters.com/?p=961#comment-748 Well done Dave, patience is great virtue. My techo mate out of Singapore cut his possy for a 20 pip loss 1hr before RBA- clever boy

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By: DH https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-746 Tue, 02 Oct 2012 05:03:16 +0000 http://fxww.dreamhosters.com/?p=961#comment-746 G’Day, I can afford breakfast after all !….glad I wasn’t around on friday I might have wobbled a little ! Still have all my positions except got GBPCHF taken out on a trailer but had a good run. Have increased GBPAUD a few times and will add more on a close around this level; I have just started a long AUDNZD at 1.2433 and will add every 25 points down to 1.2300 and then have a look; think its started to get rather overexcited in a 5 week decline and see a correction target 1.2750

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By: Sean Lee https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-739 Tue, 02 Oct 2012 04:00:51 +0000 http://fxww.dreamhosters.com/?p=961#comment-739 What I mean is I have no idea whether if goes up/down but having a technical trade during risk events can be dangerous, esp if as he says, the trade idea is losing momentum

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By: Nachiket https://fxww.com/gbpaud-trade-update-short-position-cut-for-a-small-loss/#comment-738 Tue, 02 Oct 2012 03:20:01 +0000 http://fxww.dreamhosters.com/?p=961#comment-738 well not sure if that was a wise call. I am sure that GBP/USD is heading back to 1.6080. Not sure about AUD/USD.

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