Comments on: Majors staying quiet in mid-Asian trade https://fxww.com/majors-staying-quiet-in-mid-asian-trade/ The Professional Source Mon, 03 Jun 2013 06:35:38 +0000 hourly 1 By: Papillon https://fxww.com/majors-staying-quiet-in-mid-asian-trade/#comment-21557 Mon, 03 Jun 2013 06:35:38 +0000 http://381c099c8f.nxcli.net/?p=8161#comment-21557 Sorry my eyes on the chart were too quick, the exact level on my platform is 1.5137. Thanks for your reply.

]]> By: Sean Lee https://fxww.com/majors-staying-quiet-in-mid-asian-trade/#comment-21555 Mon, 03 Jun 2013 06:11:21 +0000 http://381c099c8f.nxcli.net/?p=8161#comment-21555 Did it trade at 15130? My reports said 40 was low? I usually will keep my stops well below the relevant level; in this case I bought more at 5160 and had total stop at 5115 so was quite safe. Don’t know why, but I usually use 35 pips beyond the actual level as my stop-loss point; at least then I know the level was well and truly broken and it wasn’t just a cynical s/l hunt

]]> By: Papillon https://fxww.com/majors-staying-quiet-in-mid-asian-trade/#comment-21553 Mon, 03 Jun 2013 05:57:22 +0000 http://381c099c8f.nxcli.net/?p=8161#comment-21553 Good evening Sean,

Last Friday, you proposed to play the cable with the neckline at 1. 5150 and I did mental exercise where I would have had to put my S/L if I had jumped in ? The logical answer would have been 1.5145/40 ?? However you didn’t thought like that and I guess you didn’t set a S/L, is it right ? Obvioulsy you are still in and we have been lowest at 1.5130, could you explain me, how do you set your risk for this technical trade ? A first step in answer, you have risked more 80 pips for this trade ? Thanks.

]]> By: Steven https://fxww.com/majors-staying-quiet-in-mid-asian-trade/#comment-21548 Mon, 03 Jun 2013 04:30:59 +0000 http://381c099c8f.nxcli.net/?p=8161#comment-21548 hmmm.. would it be wise to look at a possible long on the AUD heading up from this point.. even up to the higher .96 range or is it best to just sit it out and wait a little longer? Just trying to see when to ‘attempt’ a jump in but not sure.

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