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- PA is King commented Mar 4, 2014
I see that. Wonder if that China news had anything to do with it.
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Mar 4, 2014
Ah, good for you. Good luck and happy trading.
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Mar 4, 2014
Upset because you were short or did you take profits before news?
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Mar 4, 2014
A couple weeks ago i called for .9100. That didn't happen. Haven't called for since. A/U has 2 bullish daily candles now, even though the USD had strengthened against just about everything else. Still no close below .8900 either. Let me know when ...
Australian Dollar to Search for Lower Low on Dismal 4Q GDP
- PA is King commented Mar 4, 2014
More like a temporary selloff followed by a rally even higher if history repeats itself.
Australian Dollar to Search for Lower Low on Dismal 4Q GDP
- PA is King commented Mar 4, 2014
You got it. That's why you see me only taking between 20-50pips a trade. I'M not looking for home runs, if the ADR of a pair is 100pips/day, I just look for a portion of that knowing that is almost impossible to pick the exact high and low for the ...
RBA Statement on Monetary Policy
- PA is King commented Mar 4, 2014
Nice work, it's really all you can do at this point since it's ranging.
RBA Statement on Monetary Policy
- PA is King commented Mar 4, 2014
Same story, different day. Brief selloff followed by hours of buying. Happy Trading!
RBA Statement on Monetary Policy
- PA is King commented Mar 3, 2014
This is just my opinion, but the least risky trade is is to stay out of the market currently(since we are in a narrowing range). But if you have to trade, I would choose longs over shorts. Reasons: 1) China data hasn't been that great the past few ...
RBA Statement on Monetary Policy
- PA is King commented Mar 3, 2014
Really not enough room for me to trade either way...long has top side shrinking down...and can't short until we get a clear close below .8900. Think I'll take the rest of tonight off. Happy Trading all!
RBA Statement on Monetary Policy
- PA is King commented Mar 3, 2014
Still finding support/buying around .8900.
RBA Statement on Monetary Policy
- PA is King commented Mar 3, 2014
Hitting traders stops in both directions...well played RBA!
Patience for candle closes...that will help you figure out the direction. Hopefully the 1hr will show something.RBA Statement on Monetary Policy
- PA is King commented Mar 3, 2014
Shouldn't we get through tonights news first?

AUD/USD: Trading the Australian GDP
- PA is King commented Mar 3, 2014
I assume you are talking about the inverted H&S on the Daily, that does look nice and bullish. I think the range is narrowing and will break out one way or another. But until we get a solid close below .8900(not just a few pips), I will remain ...
Australia Business Indicators
- PA is King commented Mar 2, 2014
Disclaimer...I'm not always right, trade at your own risk. Use proper trade and money management. sidenote: overall, price has closed below the 4hr 200ma and Daily 50ma. Still finding support at .8900. Uptrend seems to have stalled, but I haven't ...
Australia Business Indicators
- PA is King commented Mar 2, 2014
Looks like the selling is over and gaps are starting to get filled.

Asia Stocks Fall Amid Ukraine Tension, China Economy Data
- PA is King commented Mar 2, 2014
Trying a long on a/u at .8898 with a tight stoploss(below the lows from tonight). Looking for the gap to fill and it looks like it's having a hard time going down any further right now(it barely sold off on bad aussie news and erased all the losses ...
Australia Business Indicators
- PA is King commented Feb 28, 2014
Calling it a week. Guess bulls are taking a break, yet bears can't close below .8900. No need to risk anything for the rest of the rest of today. Have a good weekend all!
RBA Financial Aggregates January 2014
- PA is King commented Feb 28, 2014
Ha! That would be funny if it just goes sideways now.
RBA Financial Aggregates January 2014