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- PA is King commented Jun 29, 2015
Where did all these Aussie Bulls go that the article above wants you to believe exist??? It's been 12 hours of straight sideways consolidation around .7650!!!
AUD/USD turns positive, tests 0.7700
- PA is King commented Jun 29, 2015
Just based on price action. Price hasn't been able to close above .7800 for nearly a month and a half now on the daily chart. We've been suck between .7600-.7800 since May 26th(give or take some pips). We've been in a wider .7500-.8000, roughly, ...
AUD/USD turns positive, tests 0.7700
- PA is King commented Jun 29, 2015
I'm still waiting for .7500 to be taken out...maybe this week. We are getting closer. Tbd...
AUD/USD turns positive, tests 0.7700
- PA is King commented Jun 29, 2015
It's called a Gap fill. Price is right back down to where we closed on Friday. The market makers did a nice job hitting stops in both direction tonight...Aussie's ADR around 100pips has already been met.
AUD/USD turns positive, tests 0.7700
- PA is King commented Jun 28, 2015
Agreed. I'll wait till Monday to see how London and U.S. Markets react.
China Cuts Interest Rates After Market Plunge
- PA is King commented Jun 28, 2015
Yep...I don't trade jpy pairs. For me, they are the least predictable. Good example here.
China Cuts Interest Rates After Market Plunge
- PA is King commented Jun 28, 2015
Well, market just opened and common sense prevailed...gaps down on euro, pound, and Aussie. Gap down on usdjpy too...risk off overall.
China Cuts Interest Rates After Market Plunge
- PA is King commented Jun 28, 2015
Good question. Could be neutral to slightly up. Then again, I could be wrong about everything above. We'll find out soon.
China Cuts Interest Rates After Market Plunge
- PA is King commented Jun 28, 2015
We'll find out in an hour if the China news even matters compared to the Greek news.
A drop in euro, imho would also cause a gap down on Aussie and pound as USD would be the safe haven and Risk Off for the market.China Cuts Interest Rates After Market Plunge
- PA is King commented Jun 28, 2015
Skip the euro, trade Aussie!
Greek Capital Controls Begin: Banks, Stock Market To Remain Closed From Monday
- PA is King commented Jun 27, 2015
I would agree with all the above.
China Cuts Lending Rate to a Record Low After Stock Market Slump
- PA is King commented Jun 27, 2015
I had a feeling China was going to do something over the weekend. They have a habit of it.
China Cuts Lending Rate to a Record Low After Stock Market Slump
- PA is King commented Jun 26, 2015
Unless China does something surprising over the weekend, Aussie should gap down Sunday night.
Chinese Stock Market — Full Meltdown Approaching?
- PA is King commented Jun 26, 2015
None of us win them all. You kept your loss small, I give you lots of credit for that.
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
That's good..you read between the lines, ignored the false articles, and I hope you made a lot of pips from it!
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
Exactly...it is all one big giant game to the market makers. I can only imagine how many traders are trapped above .7800 on Aussie seeing how the market makers haven't let price close above there for over a month now.
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
Buying and selling from each other...different views...exactly how a market should work!
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
Ha! I don't have the patience to hold a trade that long. I'll stick with day trading.
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
Not three days ago...but I did yesterday on Aussie when it was at .7741
Three things driving US dollar gains
- PA is King commented Jun 26, 2015
The FAKE USD selloff and all the talk about the "dovish" Fed after the FOMC meeting last week was one big scam by the media and market makers. They needed USD to be cheaper(buy low) in order to position themselves for the Fed rate hike later in the ...
Three things driving US dollar gains