Comments on: RBA meeting, October 2nd: Australian rates lowered by 25bps https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/ The Professional Source Tue, 02 Oct 2012 05:45:11 +0000 hourly 1 By: Sean Lee https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-753 Tue, 02 Oct 2012 05:45:11 +0000 http://fxww.dreamhosters.com/?p=972#comment-753 Don’t tell anyone but I think most of my best trading was done after a long liquid lunch 🙂 Or was it most of my worst trading?? 🙂

]]> By: Papillon https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-752 Tue, 02 Oct 2012 05:42:18 +0000 http://fxww.dreamhosters.com/?p=972#comment-752 I am glad to see you are always a busy trader while I was relaxed on the beach and drunk french wines for the dinners 😉

]]> By: Sean Lee https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-747 Tue, 02 Oct 2012 05:11:10 +0000 http://fxww.dreamhosters.com/?p=972#comment-747 Welcome back, how was the South of France?? I’ve got a mixed bag of positions, still small short AUD/USD and GBP/USD from 11 days ago and unsure what to do with them but bought some GBP/JPY last night and added overnight, just cos I liked the risk-reward on that one. No idea on EUR/USD, too hard. Sell AUD rallies now is way to go, maybe even buy EUR/AUD when time is right??

]]> By: Papillon https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-745 Tue, 02 Oct 2012 05:02:05 +0000 http://fxww.dreamhosters.com/?p=972#comment-745 Good morning Sean,

I am back. How are you since one week ?

Let’s go for a new week trading 😉

]]> By: Iridium https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-744 Tue, 02 Oct 2012 04:57:03 +0000 http://fxww.dreamhosters.com/?p=972#comment-744 Yep, thank you, the short trade sounds right but I will wait for a retest of the upper side of the descending channel probably in the 1.035-1.0375 (I am even tempted now to enter long a 1.029 ^^). Just wanted to hear the opinion of the “aussie boss” 🙂

]]> By: Sean Lee https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-743 Tue, 02 Oct 2012 04:53:06 +0000 http://fxww.dreamhosters.com/?p=972#comment-743 I’d wait Iridium, mkt already short imho so wait for bounce. Perhaps have a look at the crosses for opps like EUR/AUD maybe??

]]> By: majimaji https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-742 Tue, 02 Oct 2012 04:42:59 +0000 http://fxww.dreamhosters.com/?p=972#comment-742 sovereign bids filled at 1.0300/10?

]]> By: Iridium https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-741 Tue, 02 Oct 2012 04:41:28 +0000 http://fxww.dreamhosters.com/?p=972#comment-741 Good morning Sean,

What do you think, is it worth shorting now at 1.0315? It seems we have broken an important horizontal resistance, and we are headed towards 1.01. I wonder if I should way for a pull back or short at these levels, or abstain.
What’s your opinion?

]]> By: Nachiket https://fxww.com/rba-meeting-october-2nd-australian-rates-lowered-by-25bps/#comment-740 Tue, 02 Oct 2012 04:38:15 +0000 http://fxww.dreamhosters.com/?p=972#comment-740 surprise surprise. sold aud/usd @1.0370 and covered @20. nice 50 pips. 2 minutes before the decision. but now it may rise since no more rate cut for rest of the year

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