Comments on: Picking the year-end trends in the FX market https://fxww.com/picking-the-year-end-trends-in-the-fx-market/ The Professional Source Wed, 28 Nov 2012 07:10:52 +0000 hourly 1 By: Papillon https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8941 Wed, 28 Nov 2012 07:10:52 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8941 As a genius, he sleep and then he woke up with breakthrough 🙂

]]> By: Sean Lee https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8937 Wed, 28 Nov 2012 06:55:39 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8937 Morning Papillon, I woke up this morning with all these thoughst rushing around in my head. It’s a sad life that of an FX trader 🙂

]]> By: Papillon https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8933 Wed, 28 Nov 2012 06:41:40 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8933 Good afternoon Sean,

Excellent post, i like this idea : buy dips in EUR/USD. That remind me my last email 😉

]]> By: Sean Lee https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8930 Wed, 28 Nov 2012 06:23:00 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8930 Ahah

]]> By: Iridium https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8929 Wed, 28 Nov 2012 06:16:53 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8929 Yes I hit the magic Reply button 🙂

]]> By: Sean Lee https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8926 Wed, 28 Nov 2012 06:01:14 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8926 Morning Iridium, I can see that you made a comment but it hasn’t appeared on the thread. Did you hit the ‘reply’ button? Only I’ve never seen that happen before

]]> By: Iridium https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8924 Wed, 28 Nov 2012 05:52:23 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8924 In reply to Rahul.

Good morning Rahul, Sean, and all,

Golden rule number one: NEVER LISTEN TO GOLDMAN SACHS ;-), even if they are right. If anything, use it as a contrarian indicator.

The fact that Goldman is advising a short now is an additional bullish signal for me :-). In my view, shorting the USDJPY will be much more interesting when we reach 84 (I do share your view that at the end this is going to be another round of disappointment). As for buying, when we get back to the 80.x we will have a good risk reward opportunity.

]]> By: zenfxtrader https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8837 Tue, 27 Nov 2012 22:42:25 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8837 I’ve been short EU (1.2975) and EJ (106.65) since early yesterday, and short AU since 1.0460. My style is medium term swing and I’m likely to hold these trades until the end of the week, by which time each of them should be at least +100 pips, if I don’t get stopped out sooner!
I try not to predict the market, just take the signals from the chart. For now, all risk trades charts are pointing down, including the SP500, which strengthens the AUDUSD bear case. Good luck all!
zenfxtrader.wordpress.com

]]> By: Rahul https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8819 Tue, 27 Nov 2012 21:41:24 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8819 thank you sean. Its just been my week :D.

]]> By: Sean Lee https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8816 Tue, 27 Nov 2012 21:32:02 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8816 Well done Rahul, nice trading yet again. I’m starting to follow you now, you’ve got the hot hand 🙂 I’d move the AUD/USD s/l 10 pips higher as good sized sell orders reported 10510/20

]]> By: Rahul https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8810 Tue, 27 Nov 2012 21:05:34 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8810 Good morning Sean
.I faded the post greek deal announcement (i had posted it as my trade idea here…fortunately it worked out that way)..and im short aussie from 1.0480 with a s/l at 1.0515.
i exited my euro short at the 100 hour moving average because as you mentioned in your post yesterday, the market seems to be very short euro plus euro/yen flows to deal with, so id rather buy dips.

]]> By: Rahul https://fxww.com/picking-the-year-end-trends-in-the-fx-market/#comment-8809 Tue, 27 Nov 2012 21:00:29 +0000 http://fxww.dreamhosters.com/?p=3177#comment-8809 Hi sean, admittedly he has a wretched record but goldmans tom stolper has come out with a usd/jpy trade with a very similar approach to what we discussed yesterday.

http://www.zerohedge.com/news/2012-11-27/goldman-says-sell-usdjpy-pain-trade-lower

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