Comments on: Asian FX market open: Price action suggests that there’s more to come

By: lilac

lilac — Thu, 26 Nov 2009 21:03:34 +0000

PS – I should’ve said, just a biiit

By: lilac

lilac — Thu, 26 Nov 2009 21:01:27 +0000

You’re on

By: Sean Lee

Sean Lee — Thu, 26 Nov 2009 20:57:57 +0000

The AUD/USD tends to trade fairly logically and does follow technical rules with the 20-day MA usually acting as a pivot. AUD/JPY can be very whippy so I respectfully suggest keeping positions small and stops wide!! Who need’s luck Lilac, this one’s a big winner!!

By: lilac

lilac — Thu, 26 Nov 2009 20:54:26 +0000

Well I didn’t start until last night with ozzie USD and JPY – was a tidge nervous, seeing as they were maiden trades
Good luck to us eh – hope I don’t jinx you.

By: Sean Lee

Sean Lee — Thu, 26 Nov 2009 20:49:43 +0000

Yeah short AUD/JPY and USD/JPY from really good levels but as always, possy is too small. Have been hoping for USD/JPY rally to sell more but it aint coming. I think we go straight down to 82ish and AUD to 88ish

By: lilac

lilac — Thu, 26 Nov 2009 20:47:37 +0000

Blimey earlybird
Hey – been shorting AUD just a bit.