Comments on: Trading opportunities on Monday morning

By: Sean Lee

Sean Lee — Mon, 18 Mar 2013 04:30:38 +0000

Another very clever trader Kirill, just like you, told me this morning that he’s building AUD/USD shorts near 1.04. We should listen when the brainy traders are aligned 🙂

By: Kirill

Kirill — Mon, 18 Mar 2013 03:57:29 +0000

Hi Sean, thank you for the levels. I think i will not touch EUR related crosses for a week or so. But if 1.2 level will hold in EUR/ CHF than will establish long there. I am fancying short of AUD, because I do not see anybody chasing it up in a given macro environment. Will try to play it small for now.

By: Sean Lee

Sean Lee — Sun, 17 Mar 2013 21:00:56 +0000

Think I’ll stick to USD/CHF Kirill, don’t like what’s happening in EUR. Hoping to re-buy near 9250 for m/t play

By: Sean Lee

Sean Lee — Sun, 17 Mar 2013 19:50:37 +0000

Hi Kirill, with this Cyprus situation I’ll stay patient, maybe 12070 with 85 pip s/l??

By: Jordan

Jordan — Sun, 17 Mar 2013 19:42:19 +0000

yes. there’s a big gap in EURJPY

By: peter

peter — Sun, 17 Mar 2013 18:59:41 +0000

early trades: big gap down in euro, chf and yen higher

By: Chngster

Chngster — Sun, 17 Mar 2013 14:59:12 +0000

The Cyprus situation is quite an important moment. If they can do this to Cyprus, they can do it to anyone else. EZ uncertainty back to the forefront. I would be expecting price action to reflect lots of selling throughout Asia and early europe, and if this doesn’t happen then alarm bells will be ringing something is not right…

By: jack1

jack1 — Sun, 17 Mar 2013 12:26:44 +0000

fxasia, Sean is the best man on order flow trading method. Actually, flow trading is the best trading method in forex, I believe. In fxstreet, you can find Ed Ponsi, he taught me when he was in fxcm, I still use one of his method. Steven Primo, I attended his webinar, I did test his methods, quite good, workable. I haven’t bought his package yet. Greg Michalowski may the best, I have bought his book, and often attend his live stream webinar everyday, got live feeling his method, his method is quite good to trade intraday trend on M5, and specially good to do countra-trend reversal and chase a new explosive trend. cheers !

By: Kirill

Kirill — Sun, 17 Mar 2013 11:05:15 +0000

Sean, I was quite shocked by Cyprus solution. It could be bullish CHF and bearish EUR. From one side I really like your idea of long EUR/CHF, but on the other side the recent slide of EUR/ USD is a bit strong and could indicate further weakness. What is your EUR/CHF goal for long entry?

By: Sean Lee

Sean Lee — Sun, 17 Mar 2013 09:09:24 +0000

Unfortunately there are a lot of cowboys offering supposed ‘guaranteed’ trading methods when there are no such things. I’m sorry to say that I have yet to come across anyone who offers a full education service for traders at a reasonable price. But if I do I will have no hesitation in promoting them very loudly.

By: fxasia

fxasia — Sun, 17 Mar 2013 09:05:35 +0000

Hi Sean,
I wanna be a trader by profession. do you know anyone who provide training of this kind?