https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/ The Professional Source Thu, 12 Sep 2013 03:49:04 +0000 hourly 1 https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29284 Thu, 12 Sep 2013 03:49:04 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29284 No worries mate, I find it best to leave ccys alone which aren’t following my ‘logic’. I haven’t traded CAD or NZD for years and I think this was one of my best trading decisions to drop them. If I get a ccy pair wrong 3 or 4 times in a row, then I also leave it alone for a while or else reduce to minimum until the tide changes. Better than trying to force things which usually ends badly

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29281 Thu, 12 Sep 2013 03:27:28 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29281 even if the aussie were to fall 200 pips from here, I would still not buy.

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29280 Thu, 12 Sep 2013 03:26:40 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29280 Sorry for the misunderstanding Sean. by you I literally didn’t meant you. anybody reading your blogs. aussie has baffled me time and time again and simply cannot be trusted

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29278 Thu, 12 Sep 2013 02:11:06 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29278 Nachiket, try reading what is written first

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29277 Thu, 12 Sep 2013 02:07:17 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29277 Well done Tom. I took profit on my AUD/JPY longs few days ago as I felt it was overdone in short term. Underlying AUD story still bit dodgy so I prefer to wait now and buy AUD/JPY near 90.00 and see if neckline holds. Otherwise I’m leaving it alone.

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29276 Thu, 12 Sep 2013 02:04:54 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29276 Hi Sean, after Australian job data, are you still suggesting long AUD in medium term? I was short AUD against all except JPY and it was quick 90 pips in 15 minutes in 6 pairs.

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29275 Thu, 12 Sep 2013 02:03:01 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29275 there is no reason to be bullish aussie. you will burn your fingers with one sided bias on the aussie

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29274 Thu, 12 Sep 2013 01:16:25 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29274 Hey Sean!
1.75 in cable! I’m glad someone else is as bullish as I am! The upchannel is pretty hard to ignore isn’t it. My only concern is the way the economic data has been for the year says to me to get out before 1.60 for a retracement; blighty has had a good run recently and expectation is getting a bit ahead of itself. I’m happy to buy it back at lower levels!

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29271 Wed, 11 Sep 2013 23:45:25 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29271 Much prefer the sell-rally strategy Jasper, think strong GBP will be across the board and think we can see levels below 80 by end year

]]> https://fxww.com/still-prefer-to-stick-with-bearish-usd-play/#comment-29269 Wed, 11 Sep 2013 23:29:54 +0000 http://381c099c8f.nxcli.net/?p=10568#comment-29269 Hi Sean! Any view on EURGBP at the moment? Any dip below 0.84 was quickly rejected. Is it bottoming or will it break lower? Thanks!

]]>