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- PA is King commented Apr 23, 2014
I did take it as him implying it meant one day since he said wait for US session.
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
It was a rhetorical question...no answer needed.
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
Just standing by at this point. Price Action didn't do what I expected, so re-evaluating.
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
400pip drop in one day? LMAO. Are we going to have a flash crash today?
Australia Consumer Price Index
- PA is King commented Apr 23, 2014
Not hope, just buying the dips on the uptrend that started end of January. Yep, the 2nd hourly candle after the "news" drop candle went nowhere...the 3rd one started to drop...closed my long for a 10 pip loss.
Australia Consumer Price Index
- PA is King commented Apr 22, 2014
Probably not a bad idea...I"m long a/u .9304 with a fairly tight stop just under tonight's lows. Now that the news reaction is over with...seems like we found support at .9300. And with a small risk after a pretty big move down...should be a good ...
Australia Consumer Price Index
- PA is King commented Apr 22, 2014
Sorry to hear that...should always stay out during initial news releases. The only time I'm in during news is if I have a profitable trade already and my stoploss is moved up to at least breakeven.
Australia Consumer Price Index
- PA is King commented Apr 22, 2014
Almost has reached it's ADR in 1 hourly candle. Unless this is going to be one of those 200pip moving days...we should start to find support around here imho.
Australia Consumer Price Index
- PA is King commented Apr 22, 2014
Very interesting to have both bad Aussie and China data. Time to be patient and let the initial knee-jerk reaction take place. Looking to see if we find support at .9300 or not. Nice dip so far.
Asia shares edge ahead, cautious before China data
- PA is King commented Apr 22, 2014
Very true statement. Gotta have proper management of your trade. Reduce your risk appropriately.
Asia shares edge ahead, cautious before China data
- PA is King commented Apr 22, 2014
It's a little too early and China data coming up...but we are finding some initial support at .9320 area.
Asia shares edge ahead, cautious before China data
- PA is King commented Apr 22, 2014
Here's what you're going to get with Aussie and China news tonight on a/u...any good news and we get our 2nd leg rally above .9400. Any bad news you get a temporary selloff right back down to .9300-20 support followed by a move back up. Happy ...
Asia shares edge ahead, cautious before China data
- PA is King commented Apr 22, 2014
Who's ready for the next leg up on a/u?
ASIC considers funds passport between APAC nations: Will Australia become world FX base?
- PA is King commented Apr 22, 2014
Well, we had leg 1 up on a/u...some sideways consolidating between .9350-9370..."should" get a leg 2 up. We'll see.
AUD/USD breaks above 0.9350
- PA is King commented Apr 22, 2014
Hahaha Hahaha! Great post!
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, USD/CAD - SEB
- PA is King commented Apr 21, 2014
Keep buying the dips as long as the uptrend is in tact. The 1hr hour chart gave you the clues...Firm support at .9320 area since last Thursday. Today, it made 3 attempts(triple bottom) to sell off and each time making a higher low( .9314, .9317, and ...
AUD/USD breaks above 0.9350
- PA is King commented Apr 21, 2014
well, we are back above .9350 now and climbing. Holidays are over with, let the uptrend continue!
AUD/USD – Near Two Week Low around Key 0.93 Level
- PA is King commented Apr 21, 2014
Just remember, whenever Big Banks give you advice...DO THE OPPOSITE!!! Love this spike up on A/U...free trade now!!! Let the uptrend resume after last weeks pause.
EUR/USD: Topping Continues; Gold: Stay Bearish & Short - BofA Merrill
- PA is King commented Apr 21, 2014
Looking a/u @ .9325...lots of support around .9320 today and last week. Fairly tight stop and looking for the uptrend to resume or a retest of .9400 at the least. Happy trading! update... already +15 and moved s/l up near b.e. even if this trade ...
EUR/USD: Topping Continues; Gold: Stay Bearish & Short - BofA Merrill
- PA is King commented Apr 17, 2014
Yep, discipline is a must. Quite the range this week... .9330-.9400 roughly. Reminds me of the first week of April. I'll be sitting out until things become more clear.
China's Growth Slows to Six-Quarter Low