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- PA is King commented Sep 10, 2013
Asia, London, and US traders have been buying Aussie since the start if September. Nice 400 pip rally.
Flow Update: What Have the Japanese Been Buying and Are Investors Returning to Emerging...
- PA is King commented Sep 10, 2013
Adding to my e/u short here and changing stop to above 1.3300.
ECB's Asmussen sees risk of large spillovers from Fed tightening
- PA is King commented Sep 10, 2013
ofc? I do see where price is slightly above that t/l right now. I'm looking left to all the prior resistance at .9300-9330 from July 24-29. Either that holds or breaks...either way, should give a good indication which way to trade.
China output, investment reinforce view economy has steadied
- PA is King commented Sep 10, 2013
Looks like a Double Top on E/U around 1.3280ish and a lower low. Probably safe to short now with a stoploss above the double top. Remember not to risk too much of your account. Happy Trading!
US Small Business Optimism Doesn’t Budge
- PA is King commented Sep 10, 2013
What's interesting about a/u is that it's been bullish 6 out of the last 7 days. And it's been rallyings in all 3 sessions each day(Asian, London, US). It's not like just one session is causing the rally...but all 3 are buying AUD. I'm not sure what ...
China output, investment reinforce view economy has steadied
- PA is King commented Sep 10, 2013
Buying the dip on a/u works again!
If .9300-9330 doesn't stop a/u...I really don't see any resistance levels until .9400 and .9550-9600.China output, investment reinforce view economy has steadied
- PA is King commented Sep 9, 2013
I agree, A/U should keep going up. Price bottomed out a couple weeks ago just under .8900. Price just keeps making higher highs and higher lows. It doesn't matter if news was good for bad for a/u it just keeps going up. So until the trend ...
NAB Monthly Business Survey – August 2013
- PA is King commented Sep 9, 2013
Nice job....lots of patience on that trade. Took what, 3 weeks?
Stocks and Aussie climb on China and Syria
- PA is King commented Sep 9, 2013
Nice. Are you still holding your a/u longs?
Stocks and Aussie climb on China and Syria
- PA is King commented Sep 9, 2013
Keep selling USD until the trend changes.
Stocks and Aussie climb on China and Syria
- PA is King commented Sep 9, 2013
Oh I agree, the USD won't be like it use to...things are definitely changing in the world. But nothing goes straight up or down forever.
Props under world growth falling away one by one
- PA is King commented Sep 9, 2013
And yet the USD is still being sold.
Ok, so my theory...and I could be completely wrong...but you hear so much about Syria now that no one is talkin about tapering anymore. IMHO, I think the USD is getting weaker for the next week or two until ...Props under world growth falling away one by one
- PA is King commented Sep 9, 2013
Might want to wait for it to stop making new highs. I'll be looking for a lower high before shorting. Happy Trading.
German FDP Falls to 4% Support in INSA Poll from 5%, Bild says
- PA is King commented Sep 9, 2013
Doesn't matter...follow the charts.
E/U hit 1.3250 as the charts suggested and A/U made a new high following the uptrend. Moved my s/l on a/u up to b.e...free trade now.Dollar and Yen Softer to Start the Week
- PA is King commented Sep 9, 2013
a/u s/l moved up to .9195...very small risk just under the most recent higher low. Just waiting to see if we get a higher high and another higher low(if my tp or s/l isn't hit first).
Dollar and Yen Softer to Start the Week
- PA is King commented Sep 9, 2013
Anyone else buy a/u at .9200 on the last retrace? Moved my s/l up to .9180, just below prior low. Small risk, now to see if we get a new high for the day. If it goes above .9225, will move s/l to b.e. and have a free ride. And if e/u doesn't form a ...
Dollar and Yen Softer to Start the Week
- PA is King commented Sep 9, 2013
Looks like EU, GU, AU all heading up...this could be another week of USD selling. Check back mid-week to see if the trend is the same. The tip off came early Asian when the data for A/U wasn't really good...just neutral(same for china data) and ...
Sentix - Explosive coup for the Euro Zone
- PA is King commented Sep 8, 2013
I have no idea if price will open up or down...but if it does gap up, I wouldn't be surprised to see it around .9220. That would take out Friday's highs and take out the stops of a lot of traders who probably went short around .9200-9210. We'll see ...
Abbott’s Coalition Wins Australia Election as Labor’s Rudd Exits
- PA is King commented Sep 6, 2013
Thank you Dancingphil...I appreciate the kind words. It was a tough week...lots of patience was needed. I started out the week being Bearish on a/u...actually took a couple trades and made 50pips. Then had the loss a couple days ago when I thought ...
It’s NFP – Dollar Buyers Beware!
- PA is King commented Sep 6, 2013
Thanks. Not sure .9300-50 will happen today. Numbers weren't too far below expectations. And it's Friday...possible profit taking.
It’s NFP – Dollar Buyers Beware!