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- PA is King commented Aug 28, 2013
I'm more curious as to how far Asian traders are going to drop A/U tonight like they have the all 3 session session so far this week.
AUD/USD: Trading the Australian Private Capital Expenditure
- PA is King commented Aug 28, 2013
Foiled again...just like yesterday. Will be looking for another drop tonight Asian or tomorrow. Cheers!
Dollar Remains Bid, Equities Heavy
- PA is King commented Aug 28, 2013
Nice work! 1.3270 is where I can see it heading to today possibly...see how 1.3300 holds up.
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
BINGO...EU just hit my limit of 50! 100pips for today on 2 pairs....Going to call it a day. Good luck all! Keep selling those rallies(espeically A/U if you get one).
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
I'll check it out...thanks!
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
A/U is just about to tank lower...it didn't rally at all with the GU and EU spikes...it's getting sold sold sold!(guess I should add in there I wouldn't short it now because I don't sell the lows...only the rallies) Moved my s/l up on the E/U short ...
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
I'm with you on that...mostly a day trader here. There's enough moves/setups each day to make a living. Only on rare occasions will I hold a 2-3 days. Happy Trading!
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
Poor poor A/U...couldn't even rally a little even with the spike up on GU and EU. This thing should make it down to .8850 area today with that type of selling. Still looking for .8800 or lower by end of the week!
Dollar Remains Bid, Equities Heavy
- PA is King commented Aug 28, 2013
Exactly! That's what I did...light trade initially in case it went against me...entered again at next resistance area double the size. Just closed my GU shorts at 1.5518 for net 50pip profit! If it rallies again, will be looking for another ...
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
added onto gu short at 1.5548 x2 (jaygee style). Shorted EU too at 1.3369
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
That's ok...I've got a plan in case it doesn't work out.
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
And I'm short at 1.5505
Carney: Crossing the threshold to recovery
- PA is King commented Aug 28, 2013
That's right...Them of the Week: Sell the Rallies on GU, EU, and AU!
Dollar Remains Bid, Equities Heavy
- PA is King commented Aug 28, 2013
It could just take a little longer than expected to drop. I was actually thinking the selloff was going to happen last week, then price consolidated between .8980-9030ish for 3 days(Wed-Fri). I thought we were going to see .8900 yesterday, but it ...
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, & SP500 - SEB
- PA is King commented Aug 28, 2013
"Syria, emerging-market crisis will stop the Fed taper" Yeah, I'll believe it when I see the USD stop gaining strength in the charts. Not that I believe the Fed was going to taper(or taper that much at least) anyway. But the market is starting to ...
Syria, emerging-market crisis will stop the Fed taper
- PA is King commented Aug 28, 2013
Here's an interesting little fact. Out of the last 5 weeks...A/U has sold off 4 out of 5 Mondays and Tuesdays. And it's also been bearish 3 out of the last 5 Wednesdays(including today so far...).
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, & SP500 - SEB
- PA is King commented Aug 27, 2013
Won't complain about being up 20pips already...tightened up my stoploss. maybe I was just a day off about hitting .8900...we'll see.
update: just closed my trade for +10 pips...heading to bed. not bad, 2 trades and 60pips. Happy Trading!Australian dollar sold off hard
- PA is King commented Aug 27, 2013
I'm in short again at .8965...we'll see how it goes.
Australian dollar sold off hard
- PA is King commented Aug 27, 2013
Exactly! That's how the markets work...buyers&sellers both looking at the same chart and seeing different things for different reasons. Just happy to be right on this trade. Looking to sell again around 8970 if it makes it that high...maybe only up ...
Australian dollar sold off hard
- PA is King commented Aug 27, 2013
That was an easy 50pip profit...thank you Japan! can you give me another retrace for another short entry?
Australian dollar sold off hard