Comments on: USD/JPY: Be patient and wait for big rallies https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/ The Professional Source Tue, 11 Jun 2013 23:39:20 +0000 hourly 1 By: Sean Lee https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22700 Tue, 11 Jun 2013 23:39:20 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22700 Hi Steven, it will be choppy and volatile is all I’m sure about. Perhaps 95/98 range for few sessions? Prefer to sell rallies and don’t like long side at all

]]>
By: Sean Lee https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22699 Tue, 11 Jun 2013 23:38:10 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22699 Hi again Raj, I’ve had another look at all of the cross pairs and I think I might have wrong timing on this cross. I’ve closed my position. Thanks for question as it got me thinking again 🙂

]]>
By: Steven https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22689 Tue, 11 Jun 2013 23:10:37 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22689 Hey Sean,

Are you thinking there will be a recovery of the USD against the JPY, so keep an eye out for a few constant rises in the USD before jumping on?

]]>
By: Sean Lee https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22684 Tue, 11 Jun 2013 22:28:40 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22684 Hi Raj, I’ve got same position but mine is definite long term trade. I’d say it will trade 14325/50 ish on base and 14650 ish op top, range for short-term. You may be slightly in middle of this so if unsure, reduce at breeakeven levels and buy deeper dips?

]]>
By: Raj https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22612 Tue, 11 Jun 2013 11:23:01 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22612 Hi sean,

I am long n gbpchf @ 1.4500. May i know why this sharp fall. weather it will come back or it will go further down. can u please tell about the levels

]]>
By: Sean Lee https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22603 Tue, 11 Jun 2013 10:40:32 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22603 I try not to worry about the stop-loss level too much before the trade Chris, I guess it’s like a golfer worrying about the putt coming back be4 he’s had the 1st attempt 🙂 Sure the aud/usd looks ugly now but they are always the juiciest opportunities. Well done on Yen btw, a profits a profit

]]>
By: chris https://fxww.com/usdjpy-be-patient-and-wait-for-big-rallies/#comment-22601 Tue, 11 Jun 2013 10:25:46 +0000 http://381c099c8f.nxcli.net/?p=8462#comment-22601 hy sean,

where do you plan to buy in audusd, to me it seems too dangerous, even intraday.

so you would say when audusd falls to 0,9290 you would buy and sell after generating 50 pips at 0,9340?, but where then to set stopploss i mean it could easily fall through 9290 ?

i appreciate your comment!

chris

]]>