Comments on: Technicals updated

By: Sean Lee

Sean Lee — Thu, 21 Feb 2013 21:51:00 +0000

Yes Jasper, I do like this trade although its dumped me off a few times 🙁 Getting timing right is tricky

By: Edward

Edward — Thu, 21 Feb 2013 21:17:06 +0000

Thank you so much Sir. Much appreciate. I was actually too late for your EUR/JPY trade. It was certainly a good trade though….

By: JasperD

JasperD — Thu, 21 Feb 2013 21:12:22 +0000

Hi Sean! EURAUD seems to be forming a falling wedge on the daily chart. Uptrend continuation might be in store?

By: Sean Lee

Sean Lee — Thu, 21 Feb 2013 21:08:21 +0000

Hi Edward, I’d try buying smalls at current levels with 20 pip stop. If this base around 8640 holds through early Europe, then I’d try adding to the position. If stop triggered, I’d look to try same strategy again near 8570, always keeping entry positions small and stops tight until the levels are confirmed.

By: Edward

Edward — Thu, 21 Feb 2013 21:04:47 +0000

Greetings to you Sean. What should be the preferred level to buy the EUR/GBP & what should be the stop loss Sir???