Comments on: Gold and Silver still heavy as longs liquidate https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/ The Professional Source Wed, 03 Apr 2013 08:04:42 +0000 hourly 1 By: Papillon https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19192 Wed, 03 Apr 2013 08:04:42 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19192 Thanks.

]]> By: Sean Lee https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19191 Wed, 03 Apr 2013 08:00:18 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19191 Definitely agree, the crosses tend to overshoot on occasion so best to watch rather than place orders but rallies to 9870ish would be optimal entry levels imho

]]> By: Papillon https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19189 Wed, 03 Apr 2013 07:40:12 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19189 Sean,

What are the levels you monitor for the AUD/JPY short ? Currently, we have for USD/JPY [94.50, 92.50] and for AUD/USD [1.0500,1.0350]. It could be interesting to short at 98.70/80 SL at 99.30 ??

]]> By: Papillon https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19188 Wed, 03 Apr 2013 07:13:19 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19188 When you have the hot hand, you get money and when you get bored you make also money (morning lowest for USD/JPY at 93.30) . That’s got boring for you 😉

]]> By: Sean Lee https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19186 Wed, 03 Apr 2013 06:58:19 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19186 Very wise I’m sure. I’ve also sold small USD/JPY today for a very bad reason, I was bored. Almost always lose on these trades but its small with very tight stop now so I’ll stick with it.

]]> By: Papillon https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19185 Wed, 03 Apr 2013 06:56:38 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19185 Thanks for this infos but I am reluctant to buy EURO. Tomorrow we have ECB meeting, I am not sure that Draghi comments would pull up this pairs in currently backdrop (12% unemployment, Cyprus bail out…) . I prefer the sell rallies mode for this pair 😉

]]> By: Sean Lee https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19184 Wed, 03 Apr 2013 06:36:48 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19184 Yes mate, definitely on Yen pairs. Hear good bids EUR/USD 12760/70 if that’s your side? AUD/USD dip-buying makes sense for now but if metals continue to tumble then Aussie should follow.

]]> By: Papillon https://fxww.com/gold-and-silver-still-heavy-as-longs-liquidate/#comment-19181 Wed, 03 Apr 2013 06:01:37 +0000 http://fxww.dreamhosters.com/?p=6771#comment-19181 Good evening Sean,

You are on form today with the cable, well done ;-). For the time being, I am still waiting for AUD/USD and I am looking for news trades ideas. I guess the focus would be on JPY for the next few hours…

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