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- PA is King commented Apr 28, 2014
I guess if you're BoA and have such a bad track record as they do on their "recommendations"....then getting 1 out of 2 trades right is pretty darn good!
Buy The AUD/NZD Pullback; Sell The EUR/AUD Bounce - BofA Merrill
- PA is King commented Apr 28, 2014
I'm trying to think of a scenerio where the USD gets stronger...but I can't!
Draghi Awaits Pivotal Price Data That Could Spur Action
- PA is King commented Apr 28, 2014
Today's not a good day to be long USD. New yearly highs on G/U...E/U going back up to test 1.3900 area and inching closer to possibly retest March 13th high of 1.3965(wouldn't expect it today though, but not out of the question either). Just wait ...
ECB’s Constancio: no target in mind for April inflation data
- PA is King commented Apr 28, 2014
We should find out in the next few hours if the breakouts to the top where false or not... I'd like to see some pullbacks and see if price finds support or keeps falling. As of now, it looks like we are just going to go sideways for a possible ...
Cable gets some M&A support from Pfizer bid for Astrazeneca
- PA is King commented Apr 28, 2014
Everything is bearish for USD...no reason to be long USD longterm. Maybe just some scalping trades from time to time.
Radiumone CEO: My Girlfriend Was Having Sex With Other People For Money And I Didn't Beat Her
- PA is King commented Apr 28, 2014
How's that short working out?
AUD/JPY Bears Keep the Pair Under Pressure
- PA is King commented Apr 28, 2014
As we near the normal ADR's....I would agree a pullback should be coming(would also take out some stops for the "weak longs"). And we've heard and I've even said it...nothing goes one way(up or down) forever, so a pullback may be coming. But I don't ...
Cable gets some M&A support from Pfizer bid for Astrazeneca
- PA is King commented Apr 28, 2014
Not sure I recall seeing an article from this person before or nordea.com. But it's a good one. Logical, straightforward, and I agree with it. No reason to own USD while the Fed keeps knocking it down!
FX: carry-on
- PA is King commented Apr 28, 2014
little late on this article
Intraday Outlooks For EUR/USD, EUR/GBP, USD/JPY, AUD/NZD - SEB
- PA is King commented Apr 28, 2014
I LOVE IT....the market lulled everyone to sleep the past few weeks, many probably thought a top was put in on G/U and E/U. Then when you are least expecting it and there's hardly any news on the calendar(and what news there was was "bad" euro ...
Cable gets some M&A support from Pfizer bid for Astrazeneca
- PA is King commented Apr 28, 2014
Looks like they may have gotten the aud/nzd right...but better luck next time on eur/aud...the intially selling has just been wiped out! haha They should have "bought the dip"....not sell the bounce.
Buy The AUD/NZD Pullback; Sell The EUR/AUD Bounce - BofA Merrill
- PA is King commented Apr 28, 2014
On another note...I'm American, live in the US...but lets just face it, the Fed has destroyed the US dollar and any "safe haven" status it once had. And the way they keep backtracking on any "positive USD" statement they make to kill any USD rally ...
German Import prices in March 2014: –3.3% on March 2013
- PA is King commented Apr 28, 2014
lol...exactly what I was thinking. Yet another example of why you trade your charts and not the news! Bad German data...e/u goes sideways for a few candles and then BAM, up it goes. As for BofA's call to sell E/A....that might have worked if you ...
German Import prices in March 2014: –3.3% on March 2013
- PA is King commented Apr 27, 2014
Actually, I'm still Aussie bullish on the A/U pair...so I don't know if BoA might be right(strong aussie)....OR if Aussie is about to get weak since BoA is usually wrong.
lolBuy The AUD/NZD Pullback; Sell The EUR/AUD Bounce - BofA Merrill
- PA is King commented Apr 27, 2014
So what the retail trader should do is Sell Aud/Nzd and buy Eur/Aud! BofA trades calls are horrible.
Buy The AUD/NZD Pullback; Sell The EUR/AUD Bounce - BofA Merrill
- PA is King commented Apr 25, 2014
Don't follow a/j that much...but I think we've found our bottom on a/u. Now that the recent holidays have past, a couple weeks of small selling and a nice pullback to the bottom of the Daily upchannel on A/U(which is holding)...I think we got a nice ...
AUD/JPY Bears Keep the Pair Under Pressure
- PA is King commented Apr 24, 2014
Everyone can open short or long position and they all become green at the same time, the significance is Estimate your risk in each trade in other words R:R reward to risk in each trade in specific. however, the type of your trading style, Are you ...
Australia Consumer Price Index
- PA is King commented Apr 24, 2014
Nice Job Aussi! Enjoy your profits...well deserved!
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
Well, we didn't get a leg 2 up on a/u last night...got leg 1 down instead. Now the debate on if we go up or get leg 2 down....tbd. On a side note, looks like e/a found support too...closed my short for +30. 3 trades this week(2 winners, 1 ...
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
Gotta cut your losses and keep them small. I took a 40pip winner Mon-Tuesday long, then a 10pip loss on last night's long...still have a 30pip profit for the week. Currently short e/a from 1.4910 with s/l near b.e.
Australia Consumer Price Index