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- PA is King commented Apr 30, 2014
Cool..good luck to you forexgain!
Business As Usual For EUR and JPY
- PA is King commented Apr 30, 2014
Wow, heavy leverage. You got balls...nice work.
Intraday Outlooks For EUR/USD, AUD/USD, USD/JPY - SEB
- PA is King commented Apr 30, 2014
Nice rollercoaster the first 3 days of the week. Big rally Monday, take it all back Tuesday, Rally again Wednesday. Market Makers are having lots of fun collecting contracts! Doesn't work well for my trading style...hope some out there are making a ...
Business As Usual For EUR and JPY
- PA is King commented Apr 30, 2014
Hopefully he sat through the 35pip drawdown to take advantage of the rally. Depending on his entry, he should be up about 35pips(figuring 1.3805 from the time of his post).
Intraday Outlooks For EUR/USD, AUD/USD, USD/JPY - SEB
- PA is King commented Apr 30, 2014
Might just be the rally in looking for...ideally 1.3850 area is where I'd like to see it stall. We'll see.
Intraday Outlooks For EUR/USD, AUD/USD, USD/JPY - SEB
- PA is King commented Apr 30, 2014
I see a/u back around .9300...you still short? What's your take profit area you're looking for? I can see it heading back down from this area, but how far is the question.
AUD/JPY Bears Keep the Pair Under Pressure
- PA is King commented Apr 30, 2014
I mentioned techinally last night why you should short euro...and now we've had nothing but good euro data and price hasn't rallied, but sold off to stay near the lows. That should be your clue which way the "big" traders are trading. Don't trade ...
Intraday Outlooks For EUR/USD, AUD/USD, USD/JPY - SEB
- PA is King commented Apr 29, 2014
Well, I concede...unless something unexpected happens, I think selling the rallies on euro is the way to go. Lower highs on E/U Daily and 4hr chart for the past month and a half...the Double top we had on E/U to start the week(Move up on Monday ...
The next 24 hours are huge for data releases – EUR/USD in the spotlight
- PA is King commented Apr 29, 2014
Must say, I'm rather glad I didn't try to fight that double top and stayed out of longing euro today.
It’s a make or break 24 hours for Euro and Pound, Aussie testing support.
- PA is King commented Apr 29, 2014
Well, looks like we got the retest of yesterdays Highs on E/U and G/U....but no follow through on the buying. Back into the range area on G/U and just slightly above prior range on E/U. Going to be patient on this one and sit out until I see ...
It’s a make or break 24 hours for Euro and Pound, Aussie testing support.
- PA is King commented Apr 28, 2014
Well, I don't have a crystal ball...so I can't say exactly when it will happen(Asian, London, US, or tomorrow/next day...)...but Don't short euro or pound just yet. They are going to retest today's highs and imho will go higher. Trade Smart!
It’s a make or break 24 hours for Euro and Pound, Aussie testing support.
- PA is King commented Apr 28, 2014
Same story different day...don't buy USD! Even with good US data it still lost ground on most pairs. As for A/U...I'm looking at the Daily 50 and 200 moving averages for support...they are around .9215ish and .9200. And while Euro and Pound didn't ...
It’s a make or break 24 hours for Euro and Pound, Aussie testing support.
- PA is King commented Apr 28, 2014
That's right...the Fed has destroyed the USD and it's "safe haven" status. Swissy, Aussie, Euro, Pound...put your money anywhere by USD and JPY.
Euro firm on safe-haven flow, expectation for inflation uptick
- PA is King commented Apr 28, 2014
No scalping here, I'm a day trader. But price isn't bouncing up the way I was expecting and it's getting late in the day...closing A/U for -3, E/U +5, and G/U +2. Will try again tomorrow. Happy Trading!
EURUSD rises with the dollars fall
- PA is King commented Apr 28, 2014
Time to buy E/U and G/U too. 1.3843 and 1.6805...no reason for USD to stregthen!
EURUSD rises with the dollars fall
- PA is King commented Apr 28, 2014
Hahaha...the flaw is how awful their fx trade calls are. Short Eur/Aud they said last night. I see an initial selloff followed by a 120pip rally and price above the 200ma.
Bank of America Suspends Buyback and Dividend Increase
- PA is King commented Apr 28, 2014
Finally a pullback. Restesting some prior resistance areas on E/U and G/U now...retesting a prior support area on A/U. I'm long a/u .9259.
EURUSD rises with the dollars fall
- PA is King commented Apr 28, 2014
I think you'd be safer holding it until the end of the year....just imho.
Draghi Awaits Pivotal Price Data That Could Spur Action
- PA is King commented Apr 28, 2014
Well, on one hand I agree...don't buy the highs. You should be the dips in an uptrend. On the other hand, I disagree simply because both G/U and E/U have been trending up for a long time even though BOE and Draghi "haven't wanted them too." Lets ...
Cable gets some M&A support from Pfizer bid for Astrazeneca