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- PA is King commented Mar 19, 2014
I'll be a little more patient and wait for price action to tell me the sell off is over and ready to reverse.
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 19, 2014
Hope you used proper money management. This is exactly why I stayed out of the market today. My hats off to those who were short, enjoy some pips!
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 19, 2014
You know, even if a/u sells off today...probably the best it would do is 200pips down at most...and that would only put it right back at the .8900 major support level.
The problem I have with shorting is 1) a/u has been bullish for almost 2 ...AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 19, 2014
Gentlemen, I will be standing aside today. One of three things will happen with the Fed today...1) price rallies without me, 2) price goes sideways and I'm still on the sideline, or 3) price sells off, in which I patiently wait for it to find ...
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 18, 2014
Doesn't look like it's done climbing yet.
Sort term overbought signals should cause a pullback to the .9080 +/-10pip area.Australian dollar hits three-month high
- PA is King commented Mar 18, 2014
Man, aussi bears have been very quite today.
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 18, 2014
Once again, price action proves king!
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 18, 2014
USD might be getting stronger against euro and pound...but NOT the Aussie. Here we go, tripping stops above .9100. For those who went long on the pullback to the 1hr 50ma on a/u overnight, Enjoy your profits!!!
Consumer Prices in U.S. Little Changed as Inflation Contained
- PA is King commented Mar 18, 2014
Apparently politics hate the USD too...nice spikes up on A/U, E/U, G/U, and down on U/Chf and U/Cad
Putin: Calls on US to understand Crimea's desire for freedom
- PA is King commented Mar 18, 2014
Apparently politics hate the USD too...nice spikes up on A/U, E/U, G/U, and down on U/Chf and U/Cad
Putin: Calls on US to understand Crimea's desire for freedom
- PA is King commented Mar 18, 2014
You have to just LOVE the aussie!!! For nearly 2 months buying dips has been a gold mine.
This pair just won't sell off and stay down, it always moves back up. One day that will change, but not yet. Price keeps testing the .9100 area all the ...RBA Monetary Policy Meeting Minutes
- PA is King commented Mar 18, 2014
Well, looks like this time it didn't rally. Nor did it selloff that much. Went down to the 1hr 50ma at .9060ish. Pretty small range on a/u today. It's been a couple hours at this level, trying a long at .9069 with a tight stoploss.
RBA Monetary Policy Meeting Minutes
- PA is King commented Mar 17, 2014
I'm bullish, but I need to buy a dip...not the highs. So I patiently wait for a pullback.
RBA Monetary Policy Meeting Minutes
- PA is King commented Mar 17, 2014
50 or 200 ma on 1hr chart could be a nice pullback price level to get in long. Will need to see if price stalls there and reverses.
RBA Monetary Policy Meeting Minutes
- PA is King commented Mar 17, 2014
Well, the bears may have a little bit of success...looks like it's ready to pullback/go down after that 1hr pinbar and tripped the stops at .9100. Time will tell. Also, how far down will it go? I have no clue at the moment...could be .9050area or ...
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 17, 2014
Looks like Asian session is bidding up a/u. If I had to bet on tonight's Aussie news...I think price is going to rally up past .9100 and keep going past last weeks highs! No real reason to sell and no one wants to buy USD as far as I can see. Price ...
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 17, 2014
Thanks. I use to look at myfxbook...haven't in a while, forgot about it. Happy Trading!
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 17, 2014
Lots of truth in your post. Add in some basic technicals and money management...you got a nice profitable method.
AUD/USD Technical Analysis – Stalling Near 0.90 Figure
- PA is King commented Mar 17, 2014
Exactly...whenever "economists" or banks predict something, do the opposite and profit!
Economist Warns That China's 'Bear Stearns Moment' May Strike Any Time