- Search Energy EXCH
- PA is King commented Sep 17, 2013
USD strength to strength? Have you looked at the charts in the last month or two? the USD has been getting weaker against GBP, EUR, AUD. A 1000pip rally on G/U since July, 600 for E/U. And just in Sept, A/U has rallied 400pips. I don't see USD ...
Treasury International Capital Data for July
- PA is King commented Sep 17, 2013
Probably the best post of the day! I think there will be some suprises tomorrow and a lot of people on the wrong side of trades. I'll happily watch from the sidelines until things settle down. Cheers!

What To Expect From FOMC & How To Position? - Goldman Sachs
- PA is King commented Sep 17, 2013
USD should either consolidate or weaken more today. I don't see any reason to buy it. Good luck tomorrow...Happy Trading!
Caution: Dollars Risk and Rewards Soon To Be Delivered
- PA is King commented Sep 17, 2013
As I mentioned yesterday, buy the dips on a/u! Went long at .9300 and another 40pips in the pocket! Going to skip the US session...Happy Trading!

RBA Monetary Policy Meeting Minutes
- PA is King commented Sep 16, 2013
I think it's pretty safe to say, no gaps(g/u, e/u, or a/u) will be filled today.

End Of Summers Cools The Dollar
- PA is King commented Sep 16, 2013
Don't forget to buy the dips on a/u...we could see .9600 by Wed. based on the daily chart.
Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, Gold, & SP500 - SEB
- PA is King commented Sep 16, 2013
Not always the case. Look at the A/U gap up on September 1st at .8926. It still hasn't closed after 2 weeks and counting!
Larry Summers withdraws name from Fed consideration
- PA is King commented Sep 15, 2013
And that's why you don't hold trades over the weekend.

Larry Summers withdraws name from Fed consideration
- PA is King commented Sep 13, 2013
Out for a 10pip loss...not follow through on the earlier rally after 8:30am news...and no rally for London close. No need to hold over the weekend. Have a good weekend everyone.

Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- PA is King commented Sep 13, 2013
That is correct as well. If price just goes sideways and consolidates, I'll close for a small profit/loss.
Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- PA is King commented Sep 13, 2013
You got me, I don't follow gold. Although I probably should...I like trading a/u and that typically follows gold. Although a/u isn't dropping today. E/U is though.
Retail Sales in U.S. Increased Less Than Forecast in August
- PA is King commented Sep 13, 2013
Thanks for the kind words gentlemen. Happy Trading!

Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- PA is King commented Sep 13, 2013
It may work, it may not work. Not risking too much, manage it wisely, and try to have the odds in your favor. We'll see.
Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- PA is King commented Sep 13, 2013
2 days now a/u couldn't break and close below .9220. I'm going long with a stop under there and a target above .9300(maybe even .9400 if it clears .9330)
Producer Prices in U.S. Rose 0.3% in August on Energy, Food
- PA is King commented Sep 13, 2013
Best wishes for the USD...you're going to need it. Maybe the Fed can pull a rabbit out of their hat next week...other than that, it seems that the market just doesn't like investing in USD anymore.
Retail Sales in U.S. Increased Less Than Forecast in August
- PA is King commented Sep 13, 2013
Thanks...took 35 pips at the 15m 200ma on that short from 1.5820 yesterday afternoon/last night.

Draghi: Euro Conference - Latvia
- PA is King commented Sep 12, 2013
Looks like g/u is a good spot to short now(1.5820) too with a stop around 1.5850ish(just above today's highs).
Jobless Claims Slump as Two U.S. States Upgrade Computer Systems
- PA is King commented Sep 12, 2013
Going to be interesting on a/u here...if it gets back above .9280, it should reach .9300-20 again. At least now we know the first major support area is .9230 area.
Australia Labour Force
- PA is King commented Sep 12, 2013
Never looked at that pair. I tend to stick with the majors...e/u, g/u, a/u, e/j.
Australia Labour Force