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- PA is King commented Mar 26, 2014
As I look at the higher timeframe charts...I see .9275 +/- 25pips on a/u short term. Then the next higher levels could possibly be .9400 +/-25 and if it continues, then even .9600-50. Still nothing on the charts showing me the uptrend is over yet.
RBA Financial Stability Review
- PA is King commented Mar 26, 2014
I remember Citi just a week ago saying short Aud/Usd and their stop was at .9150. hahaha. Nice call on that one!
Has EUR/USD Rally Run Its Course?: Studies From L/T Chart - Citi
- PA is King commented Mar 26, 2014
[quote=Aussi;7363939] It does what I want it to...up up up.
RBA Financial Stability Review
- PA is King commented Mar 26, 2014
Take your money out of China and put it in the Aussie!
Spooked by defaults, China banks begin retreat from risk
- PA is King commented Mar 26, 2014
Slow & Steady = real trend...fast & unexplained moves usually = amounts/reversals( just like what the e/u and g/u) did.
RBA Financial Stability Review
- PA is King commented Mar 26, 2014
And this is EXACTLY why you don't fight the trend or try and pick toys/bottoms. The forex market will eat you alive!!! I feel bad for those who have been trying to short this pair for the past couple of months.
RBA Financial Stability Review
- PA is King commented Mar 25, 2014
I have to go to the higher timeframe charts to see the next possible "pause" area...and that comes in around .9275.
RBA Financial Stability Review
- PA is King commented Mar 25, 2014
I want Citi and BoA to make another post about selling Aussie and their stops being around .9500
Morgan Stanley Recommits to 'Buy' Call on Chinese Stocks as Slowdown Deepens
- PA is King commented Mar 25, 2014
And there you go, nice 15min 30pip spike...just because.
RBA Financial Stability Review
- PA is King commented Mar 25, 2014
Thanks for the laugh. You haven't been right on the Aussie yet! Keep shorting.
Aussie poised to break higher
- PA is King commented Mar 25, 2014
Well, all I can say is trade with the trend...you'll only be wrong once(aka when the trend changes). That's your highest probability of winning trades imho.
AUDUSD sets a new high, breaking past the 200-day moving average
- PA is King commented Mar 25, 2014
Never any doubt from me...higher lows, higher highs...Price Action is King!!!
AUDUSD sets a new high, breaking past the 200-day moving average
- PA is King commented Mar 25, 2014
price keeps attacking the .9150 area with very little selling. just that price action tells me we are going to punch through higher.
Why is the Aussie so hot right now?
- PA is King commented Mar 25, 2014
Buy Higher yielding currencies like Aussie.
HSBC Flash China Manufacturing PMI
- PA is King commented Mar 25, 2014
Another dip on aud/usd equals another buy! Keep profiting from that gold mine as long as it lasts!
Intraday Outlooks For EUR/USD, AUD/USD, GBP/USD, EUR/GBP - SEB
- PA is King commented Mar 24, 2014
"why is the aussie so hot right now"???? It's not hot right now...it's been bid up for 2 months now, look at the monthly charts, 2 bullish candles. And it didn't start with last months employment report...it started back in February when the RBA got ...
Why is the Aussie so hot right now?
- PA is King commented Mar 24, 2014
The RBA screwed up a couple months ago during their statement when they stopped talking about .8500!
AUD/USD spikes above 0.9150, 200-day MA
- PA is King commented Mar 24, 2014
It's been 2 months in the making...should have been buying a long time ago!
AUD/USD spikes above 0.9150, 200-day MA
- PA is King commented Mar 24, 2014
And there goes Aussie up through .9150. Thank you BoA and Citi for your money.
Stubborn Australian dollar hits 2014 high
- PA is King commented Mar 24, 2014
I told everyone to buy a/u once BoA and Citi said to sell. Never follow the banks trades!
HSBC Flash China Manufacturing PMI