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- PA is King commented Jul 17, 2013
Funny stuff man. You should change your name to TheArguer.
Cheers!
Record number of asset managers bank on strong dollar
- PA is King commented Jul 17, 2013
So it's a good post by wlarimer...but when I mention "they," the market makers, I get questioned about it. Now I understand a little better that you just like to argue against me.
Happy Trading!Record number of asset managers bank on strong dollar
- PA is King commented Jul 16, 2013
Not a bad idea. I have wanted to post charts on a few occasions to back up some of my opinions on these threads, but of course they don't let you on the news threads. Perhaps if I get some more time on my hands I will start a thread. Happy Trading!
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
Send me a message, I'll be happy to chat.
Record number of asset managers bank on strong dollar
- PA is King commented Jul 16, 2013
That's the beauty of it, I actually think they switch between the shorter and longer time frames to keep others off balance. That's why you'll see patterns work and not work on all time frames.
Record number of asset managers bank on strong dollar
- PA is King commented Jul 16, 2013
You guys are correct, it is "over the next 12 months." So let me ask the question then. If the USD gets stronger in September...but finishes the year weaker. Wouldn't this article be correct since technically the dollar did get stronger "within 12 ...
Record number of asset managers bank on strong dollar
- PA is King commented Jul 16, 2013
I find it funny that these articles come out, yet the USD has been weaking all day today and yesterday at the start of the US session!
Record number of asset managers bank on strong dollar
- PA is King commented Jul 16, 2013
I'm a day trader for the most part...so I typically look at the short trend, but keep an eye on the larger trend. That way I can trade long and short. The 100pip moves up and down are great!
RBA Monetary Policy Meeting Minutes
- PA is King commented Jul 16, 2013
Price Action is actually a bit complicated, it takes into account multiple things...not just "price going up or down" as you put it. If it were easy, everyone would do it. But I can tell you, it's definitely more reliable than using most indicators. ...
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
I will say, after today's 150pip rally...I wouldn't be a buyer at these levels, the risk/reward isn't worth it. I'd more be looking for a day trade short.
RBA Monetary Policy Meeting Minutes
- PA is King commented Jul 16, 2013
As I'm sure you'll knock yourself out with your method.
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
Definitely need a reliable broker.
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
Don't forget to trade in the right direction too. Using good money management and not over leveraging is great...but if you are still taking loss after loss, your account won't grow.
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
Perhaps not in your experience, but it works great for me.
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
That's obvious...that's all this market is about is the Market Makers getting people on the wrong side of the trade and taking their money. And you can profit from that if you can read Price Action correctly.
German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
Price action is the best indicator!
News may cause the market to move, but it won't tell you the direction....that's what Price Action is for. Happy Trading!German ZEW Indicator Slightly Weaker
- PA is King commented Jul 16, 2013
While the overall trend is Down, you can't ignore the short term trend which is flat to slightly up. While you mention the lower highs that are forming....don't forget July 3rd price couldn't close below 9050, July 5&8th it couldn't close below ...
RBA Monetary Policy Meeting Minutes
- PA is King commented Jul 15, 2013
I would not get too excited about shorts just yet, we haven't closed below .9000 yet. And it's tried the .9000-9050 area four times in the past two weeks. I see price heading for .9300-9350 currently. Seems like we are roughly .9000-.9300 range ...
RBA Monetary Policy Meeting Minutes
- PA is King commented Jul 15, 2013
Don't need the fundamentals here. As long as it's above .9000, I'll buy the dip near that level. A close below and I'll look for it to go down to .8800.
The AUD/USD Swing Short in Front of Tonight’s Minutes Release