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- PA is King commented Aug 27, 2013
true...lots of things are possible. I guess I shouldn't get too far ahead of myself...I'm watching to see if AU takes out todays low around 8930 first. Then it should target 8900. In the next day or two I'm expecting it to go after August's low of ...
Consumer Confidence Index in U.S. Increased to 81.5 in August
- PA is King commented Aug 27, 2013
Just make sure you are using proper money management...not leveraging too much or trading too big of a lot size.
The Conference Board Consumer Confidence Index Increases Slightly
- PA is King commented Aug 27, 2013
I hope everyone has been selling A/U...that thing just won't stop selling off. Still see reaching .8800 by end of the week.
Consumer Confidence Index in U.S. Increased to 81.5 in August
- PA is King commented Aug 27, 2013
short up around 3380, stoploss on the other side of 1.3400. Small loss(risk) for good possible reward! And if AU can get below today's low of 8932...I still think we can see 8900.
The Conference Board Consumer Confidence Index Increases Slightly
- PA is King commented Aug 27, 2013
EU still can't break 1.3400! Look at those 15min pin bars! And as for AU...nothing can support the Aussie. Any type of rally is met will selling. just moved my s/l up on e/u to only take a 25pip loss(would be less than 0.5% of my account). Also, ...
Euro springs off the floor to challenge 1.3400
- PA is King commented Aug 27, 2013
Good profit on AU short trade and EU just went positive! Sell the Rallies(espeically when they are extremely quick and far like we just had...it's all a fake out)!
Euro springs off the floor to challenge 1.3400
- PA is King commented Aug 27, 2013
Too far, too quick...this rally will be short lived!
Euro springs off the floor to challenge 1.3400
- PA is King commented Aug 27, 2013
Short e/u 3376 and a/u 8979. s/l's just above 3400 and 9000 respectively
Euro springs off the floor to challenge 1.3400
- PA is King commented Aug 27, 2013
Yep, wait for the retrace and short again...see you guys back here for the US session!
German Ifo business climate rises to 16-month high of 107.5
- PA is King commented Aug 27, 2013
All those weeks of Tapering talk...all the while the USD got weaker??? Well, people got played/fooled on that! Now talk of no tapering(or smaller than anticipated) and you'd think the USD would get weaker? Wrong! Now here comes Syria news to ...
German Ifo business climate rises to 16-month high of 107.5
- PA is King commented Aug 27, 2013
Can't say I didn't warn you(1hr and 15mins prior to news by the way)... url it's all about the market makers and manipulation. that's why retailers lose most of the time.
German Ifo business climate rises to 16-month high of 107.5
- PA is King commented Aug 27, 2013
I use the 200ema, which was at 9057 on the 60m. Price closed slightly above on that spike up to 9069...very next candle closed below and price never came back to challenge it.
Australian dollar, stops below 0.9010 triggered
- PA is King commented Aug 27, 2013
Completely agree that news is for playing games. But if you learn how the market makers play that game, you can profit from it.
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
- PA is King commented Aug 27, 2013
Euro is the only one with major news coming out soon...the market makers are setting everyone up(thinking long right now) before news but should drop it after news(might have one more spike up).
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
- PA is King commented Aug 27, 2013
Well, I've given you all the advice I can to make money today. Sell GU, EU and AU on any rally! Will check back later in the day. Watch out for any fake rally during the beginning of the London session! The true direction is down for the above 3 ...
China August official PMI seen hitting 3-month high
- PA is King commented Aug 27, 2013
And yet another example of news not mattering as AU continues to sell off.
Looks like GU is really starting to drop now...EU should follow, sell around 1.3370(or here at 3364)China August official PMI seen hitting 3-month high
- PA is King commented Aug 27, 2013
Tuesday is going to be USD buying day. Either around 3am or 4am you'll really start to see the USD buying kick in.
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment
- PA is King commented Aug 27, 2013
Funny how Syrian came at the perfect time to distract everyone from the September taper talk! Now the market has a new reason/blame for selling off.
U.S. Stocks Fall as Kerry Comments on Syria Situation
- PA is King commented Aug 27, 2013
Said it early and will say it again...sell the GU, EU and AU! ESPECIALLY A/U!!!! It's going for .8900 first, probably today. And reach under .8800 by end of the week! Sell any rally. It's all in the charts It's going to take out last weeks low of ...
3 Numbers to Watch: German Ifo, US Case-Shiller & CB sentiment