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- PA is King commented Oct 22, 2013
Interesting, my weekly chart only shows 1 bearish candle out of the last 8 weeks.
Looking at the daily chart, I see 1.0000 and possibly 1.0100-1.0200 as targets.Australia Consumer Price Index
- PA is King commented Oct 22, 2013
Nice work. Should see 1.0000 again before end of the year.

Australia Consumer Price Index
- PA is King commented Oct 22, 2013
Just remember Merkel's comments a while ago...the Euro between 1.3000-4000 would be normal.
Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls
- PA is King commented Oct 22, 2013
Exactly what I mentioned last week...you can ignore 95% of the articles here on FF, they are rubbish!
Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls
- PA is King commented Oct 22, 2013
No problem. I guess I should clarify too so there is no confusion. I'm not currently long any pair as I don't typically trade NFP. At this point I'm waiting for a pullback to go long....and my stoploss area on A/U would be .9330, E/U 1.3640, and G/U ...
Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls
- PA is King commented Oct 22, 2013
I can see the risk off part...but I can't see any reason for USD to strengthen. Bad data, Fed won't taper any time soon, USD has been weakening since June/July and the trend is still in tact. We'll get our normal ebb & flow patterns in the ...
Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls
- PA is King commented Oct 22, 2013
Yesterday I made a comment about a possible top on e/u, g/u, and a/u or it might be just another pullback for another "buy the dip" trade. But I was just watching at that point....I guess we now have the answer. Continued USD weakness! Happy ...
Payrolls in U.S. Rise Less Than Forecast; Jobless Rate Falls
- PA is King commented Oct 21, 2013
I just think there are other countries around the world that are trying to lessen the role of the USD. The USD may not lose "reserve" status...then again, it may sometime down the road. I don't know for sure...but I'm open to the possibility. On a ...
There’s no alternative to U.S. in global economy
- PA is King commented Oct 21, 2013
No alternative "yet"...
There’s no alternative to U.S. in global economy
- PA is King commented Oct 17, 2013
Who cares about these articles...follow the price action on the charts. I've been saying for weeks by the dips on E/U, G/U, and A/U. A/U has 3 straight weekly bullish candles...the last dip under .9000 was the last for a while. The overall trend on ...
US crisis over, will China re-think Treasury holdings?
- PA is King commented Oct 14, 2013
G/U and E/U are starting to join the party. Lets face it, the USD is junk. It will never be the "world reserve" currency it use to be. It's slowly being phased out!
RBA Monetary Policy Meeting Minutes
- PA is King commented Oct 14, 2013
And there it goes...I'm looking for .9600 as a target
RBA Monetary Policy Meeting Minutes
- PA is King commented Oct 14, 2013
Agreed. Nice 15min bullish engulfing candle...now to see if it follows through to the upside.
RBA Monetary Policy Meeting Minutes
- PA is King commented Oct 14, 2013
Eventually it will go down...but people should have been buying the dips for the past few weeks.

RBA Monetary Policy Meeting Minutes
- PA is King commented Oct 14, 2013
Aussie has been the real winner for weeks now. Either E/A or A/U ...profits to be had
EUR/USD – Runs into a Brick wall at 1.36
- PA is King commented Oct 14, 2013
Draghi has been saying this for months. I'll believe it when I see it. As for now the US govt. is just ruining the USD. Keep buying the dips on A/U, E/U, G/U...we had some nice pullbacks on those pairs last week from overbought levels.
ECB's Bonnici - Prepared to go negative with deposit rate, but some complications
- PA is King commented Oct 8, 2013
Hope everyone bought the dips on g/u, a/u, or e/u overnight! Especially g/u and a/u...probably won't happy today, but it looks like a/u is making a run for .9600(short term)

Big creditors China, Japan press U.S. to resolve debt row
- PA is King commented Oct 7, 2013
Looks like the 1hr charts are showing bottoms for E/U, G/U, A/U...Both E/U and G/U failed to take out last weeks/friday's low. Mostly likely going to see a couple days weakness in USD. Patience for a pullback for entry...stops below today's ...
Nikkei futures went positive. DAX nearing unch - Volume in US increasing as VIX measures drop...
- PA is King commented Oct 3, 2013
Well, I'm speaking as a day trader...so that's why I said it sold off today. But I will also say it won't sell off forever. It will go up, it will go down, and repeat the cycle. I will just continue trading the daily cycle while keeping an eye on ...
ISM Non-Manufacturing Index in U.S. Fell to 54.4 in September