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- PA is King commented Feb 26, 2014
Why is that, are your charts showing a/u below .8900? Mine aren't. In fact, I'm going to enter long now...looks like the selling is over for today or close to it. Should be minimum risk on this trade. And so what if I'm wrong? I'm not perfect, I ...
Australia Construction Work Done
- PA is King commented Feb 26, 2014
I'll only be wrong once...when the trend changes.
Australia Construction Work Done
- PA is King commented Feb 26, 2014
Thank you for the kind words. You are right, I don't really pay much attention to FA...I should probably develop a deeper understanding of FA before sending in any cv to the brokers.
There have been times in the past where I read some of the ...Australia Construction Work Done
- PA is King commented Feb 25, 2014
Well, .9100 is still a struggle to reach. But I still don't see any reason to sell a/u yet. Daily candles remain above the 50ma. 4hr chart still hasn't given a lower low and price keeps being rejected at the 200ma. And we just had a nice Pinbar ...
Australia Construction Work Done
- PA is King commented Feb 25, 2014
Well, over the past few weeks when bad aussie or China data comes out we get temporary selling followed by buying to heights above pre-news levels. Wonder if it will happen again tonight.
Australia Construction Work Done
- PA is King commented Feb 25, 2014
Yep, they do happen. No loss for me, Stopped out for +2. Haha
The Conference Board Consumer Confidence Index Declines Moderately
- PA is King commented Feb 25, 2014
Winner Winner chicken dinner! Vote for best post of the day!
The Conference Board Consumer Confidence Index Declines Moderately
- PA is King commented Feb 25, 2014
Even the dealers need to take profit and rebalance their books every now and then.
The Conference Board Consumer Confidence Index Declines Moderately
- PA is King commented Feb 25, 2014
True that! 45pips down on eu, 80pips down on gu...but less than 10 on au.
The Conference Board Consumer Confidence Index Declines Moderately
- PA is King commented Feb 25, 2014
Alright, looks like a little indecision in the market so s/l moved up to +2. If price closes below .9020 on 15min chart, I'll close manually. Happy trading!
Conference Board LEI increased sharply in January
- PA is King commented Feb 25, 2014
Well, the selling/buying pattern didn't work out overnight...but it does appear we have only a 45pip pullback from yesterday's highs and have formed a flag pattern which is bullish. Price also bounced pretty well at the .9000 level which is also the ...
Conference Board LEI increased sharply in January
- PA is King commented Feb 24, 2014
Lets see what happens tonight...yesterday, first couple hours of Asian session a/u sold off. Then it spent the rest of the day going up 100+ pips. So far, first couple hours of Asian session it's selling off, to be continued... update...so far so ...
Conference Board LEI increased sharply in January
- PA is King commented Feb 24, 2014
Would really like to see a/u come down closer to .9000, find some support and then go long.
Conference Board LEI increased sharply in January
- PA is King commented Feb 24, 2014
The time to buy a/u started 4 weeks ago! They are a little late and missed most of the move...but there should still be some pips left as I don't see it turning south yet. Especially with the strong support at the 4hr 200ma that it bounced off last ...
Time To Buy AUD/USD; EUR/USD A 'Choppy Mess' - BofA Merrill
- PA is King commented Feb 24, 2014
About 40 more pips and we'll have erased last week's bearish candle.
Is the US in real trouble? We're about to find out
- PA is King commented Feb 24, 2014
I was simply asking to see if you were still holding them and looking for .8600. No need to be rude.
Is the US in real trouble? We're about to find out
- PA is King commented Feb 24, 2014
Hi frx_trader, haven't heard anything about your short a/u trade in a while...do you still have it open?
Is the US in real trouble? We're about to find out
- PA is King commented Feb 24, 2014
And here goes the Aussie!!!
Just like a few of us on here have been saying. It broke out of the triangle I was describing. And again, it had about 2hrs of selling(4-6am EST) and pretty much nothing but buying for 5hrs now! Same pattern, different ...HSBC Flash China Manufacturing PMI
- PA is King commented Feb 24, 2014
Thanks...to be fair, I also see lower highs to go along with the higher lows. So basically we are in a triangle pattern waiting to break out.
HSBC Flash China Manufacturing PMI
- PA is King commented Feb 24, 2014
As the two guys above have mentioned...a/u still bullish. Still can't close below .8900 and it's rallied up 50pips from that little 2hr selloff to start the week off. That also happened to be the 4hr 200ma which is exactly the same place it ...
HSBC Flash China Manufacturing PMI