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- PA is King commented Apr 6, 2015
Before anyone says it...this news does not factor into the RBA rate decision. They have already made up their minds before tonights news.
Australia Retail Trade
- PA is King commented Apr 6, 2015
What's funny is all the articles on FF saying a rate cut is coming...yet, the forecast is for no rate cut. lol
RBA. Will They?
- PA is King commented Apr 6, 2015
Hide your kids, hide your wife....lol
Big stop run in EURUSD down to 1.0925
- PA is King commented Apr 6, 2015
Oil might have gone up, but the Aussie is right back down...another day and another failed attempt(wasn't even that close) to the .7700 level. Unless the Aussie pulls a rabbit out of its hat with RBA interest rate tonight to get above .7700...it's ...
Crude Oil Rises to One-Week High as Saudis Boost Pricing to Asia
- PA is King commented Apr 6, 2015
We've all been wrong at some point. We learn and move on.
RBA poised to make interest rate decision, amid plunging iron ore prices
- PA is King commented Apr 6, 2015
Nice job green! Good gap fill trade!
After weak jobs report, a June Fed hike seems remote
- PA is King commented Apr 5, 2015
All I know is that the Aussie has now erased any/all gains it made from the the poor NFP. And it was rejected twice at .7700 on Friday. So there's a good starting point for current resistance.
Morning View: NFP Misses. Where to Now?
- PA is King commented Apr 5, 2015
Probably a great idea...gap fills are good pips!
After weak jobs report, a June Fed hike seems remote
- PA is King commented Apr 5, 2015
Good thing we waited...gap up.
After weak jobs report, a June Fed hike seems remote
- PA is King commented Apr 3, 2015
Are you referring to up or down? imho, now would be the ideal short position(price is less than 10pips from the high for today). Unfortunately, it's Friday and RBA interest rate decision next week...so it is a bit risky. Any other day, I would give ...
After weak jobs report, a June Fed hike seems remote
- PA is King commented Apr 3, 2015
E/A looks like a good pair to short. Of course it's Friday and RBA interest rate decision is next week...but the charts are showing short now.
Eurozone officials rule out releasing loan tranches for partial agreement
- PA is King commented Apr 3, 2015
Second attempt at .7700 and Denied! Well, that's two times Aussie has sold off 50pips or more from just under .7700. 20-30pips pullbacks are pretty normal. 50pips or more...then you know there are some serious sellers around that level! I haven't ...
How traders may navigate a jobs report on Good Friday
- PA is King commented Apr 3, 2015
Interesting price action going on...After the spike up...Pound only retraced about 25-30pips. Euro 30-35. But Aussie sold off 60pips! Now Euro and Pound just made new highs for the day and Aussie was still 25-30pips away from the highs of the day. ...
How traders may navigate a jobs report on Good Friday
- PA is King commented Apr 3, 2015
WOW, great gap up! Congrats to you and Forex Queen! I thought we'd get a retest of the lows pre-news or a spike down after news...neither happened! So great job to you and all who went long yesterday. Now the only question, will there be any follow ...
How traders may navigate a jobs report on Good Friday
- PA is King commented Apr 3, 2015
I hope you and forex queen make some Pips and/or use small stop losses. Thin liquidity and major news could be quite volatile. Happy Trading!
How traders may navigate a jobs report on Good Friday
- PA is King commented Apr 2, 2015
Good luck. Expect a retest of today's lows, if not a test/break of .7500 at some point.
How traders may navigate a jobs report on Good Friday
- PA is King commented Apr 2, 2015
It was a nice stophunt, but as you can see the sellers are still in charge. 50Pips down after that spike just over .7600(prior support now turned resistance).
RBA to Steal Limelight as Rate-Cut Hype Builds
- PA is King commented Apr 2, 2015
Nice Enjoy the pips! It was a nice spike to .7600 area, but I see plenty of sellers were waiting and dropped it nearly 40pips from the high.
Australia International Trade in Goods and Services
- PA is King commented Apr 2, 2015
Lol...yep, same thing I pointed out yesterday. Market volatility it's still here.
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