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- PA is King commented Mar 12, 2015
That was an impressive spike up...took out some stops I'm sure. I don't usually have trades open during the news, but this time I did. I did adjust my stoploss accordingly for anticipation of some spikes...I like the Pinbar on the 15min chart and ...
Australia Labour Force
- PA is King commented Mar 12, 2015
Thanks for the kind words dancingphil. You're quite the trader yourself! After a few years, I've noticed that most of the time people are more willing to point out someone else's flaws on FF instead of congratulate them when they are right. ...
Australia Labour Force
- PA is King commented Mar 12, 2015
Commendable post for you good Sir! Happy Trading!
Australia Labour Force
- PA is King commented Mar 12, 2015
WOW, you've been a member since 2011 and have only 5 posts on FF(one of which is to try and insult me lol)??? Great job helping out your fellow traders! I guess first things first, you are a partially right...I was a buy the dips guy for the past ...
Australia Labour Force
- PA is King commented Mar 11, 2015
[quote=Kok Teong;8129974]Price selling because USD is strong? Yeah, that's part of it. From a technical standpoint we have had 6 straight days of selling going back to last Wednesday. We have been making lower lows and lower highs. So it's a sell ...
Australia Labour Force
- PA is King commented Mar 11, 2015
Last month it was bad data and price rallied 100pips from the lows. Looks like tonight it good data and price selling off(still too early for true direction though). Happy Trading!
Australia Labour Force
- PA is King commented Mar 10, 2015
Very accurate statement here! One of the biggest reasons I knew they wouldn't cut rates 2 months in a row!!!
Australia Housing Finance
- PA is King commented Mar 10, 2015
It's a possibility now. But I did buy around .7620 and made a nice 50pip profit on that rally just over an hour ago.
I still want to see where the daily candle closes. Still unsure if it's trend continuation down or possibly one last push down ...Intraday Outlooks For EUR/USD, USD/JPY, USD/CAD, NZD/USD - SEB
- PA is King commented Mar 10, 2015
Let me add in here Aud/Usd...it has taken out a lot of key support levels since Friday. .7750, .7700. And over the past 12 hrs it has taken out the lows from Feb. 3rd and Feb. 12. As mentioned in a previous post I've been neutral on this pair the ...
Intraday Outlooks For EUR/USD, USD/JPY, USD/CAD, NZD/USD - SEB
- PA is King commented Mar 8, 2015
I would agree, every thing you need to be successful is on the charts! I have been a Buy the dips guys on Aussie for a month now. However, we did break some good support levels on Friday. I am cautiously neutral now and waiting to see if we find ...
China Exports Surge 48.3%, Beating Economists’ Estimates
- PA is King commented Mar 6, 2015
.7750 gave way. Looking for .7700 possibly now. With ADR having been met and it being Friday...not sure how far they want to push it lower. If anyone did short just before or after news, I'd like to say congrats on your profits!
Have a great ...What To Expect From NFP? - Views From 15 Major Banks
- PA is King commented Mar 6, 2015
Back up 20pips from the low of .7757. .7750 area holding strong again(at least currently...first test of that area)!
What To Expect From NFP? - Views From 15 Major Banks
- PA is King commented Mar 6, 2015
Well, I was wrong...I didn't even look at the forecast of only 240k. That wouldn't be too hard to beat. But on a brighter note, at least we are getting another dip to buy on Aussie. Just have to wait and see where the support level is this time... ...
What To Expect From NFP? - Views From 15 Major Banks
- PA is King commented Mar 6, 2015
Well, regardless of the NFP...as I've been saying for weeks now, BUYING the Dips on Aussie has been one of the best trades out there! Every dip below .7800 has been a gold mine(or pip mine) as .7800 has been acting as a pivot area for the past ...
What To Expect From NFP? - Views From 15 Major Banks
- PA is King commented Mar 6, 2015
Well, Euro has now sold off for over 100pips today. Pound is down about 90pips. Yet the Aussie is up 40pips today and still above .7800(again). Just seems to me that there are either no sellers of the Aussie or that the Market Makers have a lot of ...
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Mar 6, 2015
If you trade euro or pound that would have worked for selling. Big drops on them this week, yet Aussie can't even stay below .7800.
Australian PCI: Softer conditions continue in construction
- PA is King commented Mar 5, 2015
Once again, buying the dips on Aussie works! And price just can't stay below .7800.
Australian PCI: Softer conditions continue in construction
- PA is King commented Mar 5, 2015
Dang, should have held for a couple more hours and taken 50pips instead of 25.
Price right back up at the pivital .7800 level! USD Head and Shoulders above AUD