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- PA is King commented Feb 18, 2015
No problem. I'll never recommend a new or inexperienced person trade during news...especially major news.
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 18, 2015
Well, to be honest it's only a guess at this point that price is heading to .8000 area. It could go higher or stop below that. All depends on price action...but for now, the Daily 50ema is just under the .8000 level...kinda looks like that's where ...
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 18, 2015
I only said it was "safer" to stay out. Especially for newbie traders! I'm more experienced and will trade news when I like what I see. I got a nice "dip" as I've been talking about...so I went long. But in order to reduce my risk, I did trade only ...
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 18, 2015
Will do...I hope some people are trading on the right side and making pips!
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 18, 2015
I swear someone said to "Buy the dips on Aussie"!!!
I went long .7778 about an hour and a half ago! RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 18, 2015
As I normally say with major news...anything can happen and its probably safer to stay out as we get closer to FOMC news later today. Trade Smart!
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 17, 2015
Three of you on here saying you are short...I am the only long. Aussie being supported and consolidating above .7800 pretty well. Guess we will have to wait for FOMC minutes tomorrow for a possible direction.
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 17, 2015
Aussie is holding its own above .7800 tonight.
Key Technical Levels and Outlooks for AUD/USD and NZD/USD
- PA is King commented Feb 17, 2015
Well, in order to buy the dips...you have to have a dip! Small, short term trades short could work.
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 17, 2015
Who said I was a get rich quick guy?
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 17, 2015
And yet price is still holding around .7820.
RBA's Edwards says lower Australian dollar would be even more useful
- PA is King commented Feb 17, 2015
So you're asking me if euro is a good buy or sell?
Greece intends to ask for extension of loan agreement tomorrow - source - RTRS
- PA is King commented Feb 17, 2015
Probably get some more tomorrow with FOMC minutes.
Greece intends to ask for extension of loan agreement tomorrow - source - RTRS
- PA is King commented Feb 17, 2015
Wouldn't it have been nice if there was someone who told you to buy Aussie? Oh wait.... 1) Couple of weeks ago I told you something was changing in the markets! Post #39 url 2) Last week I told you it was time to start buying the dips. Post #1 ...
RBA Minutes of the Monetary Policy Meeting of the Reserve Bank Board
- PA is King commented Feb 17, 2015
Can't wait for the next "breaking news" that says "greece does NOT intend to ask for extension tomorrow...the previous report was false"
Greece intends to ask for extension of loan agreement tomorrow - source - RTRS
- PA is King commented Feb 13, 2015
Sorry Guest, I don't follow that pair...I really don't trade any jpy pairs except eur/jpy on very rare occasions.
The Global Economy’s Chinese Headwinds
- PA is King commented Feb 12, 2015
What is your definition of long term target? Six months, one year, two years, longer?
The Global Economy’s Chinese Headwinds
- PA is King commented Feb 12, 2015
I'm sorry Aussie short sellers, I regret to inform you that the market makers have trapped you and price will not be going to .7500. It won't even be going below .7600. If you're lucky, they might let you out at .7700. Sorry again for the bad news.
The Global Economy’s Chinese Headwinds
- PA is King commented Feb 12, 2015
I agree, there won't be much movement from his speech. Nothing trends one way forever, time for a correction upwards. At least according to price action.
Plosser: Can't Justify Zero Interest Rates In Current Economy
- PA is King commented Feb 12, 2015
I would like to know what magical speech Mr. Stevens could have tonight that we don't already know? We know he wants .7500 and we know not everything is going well in Australia. We also know about possible interest rate cuts later in the year. We'll ...
Plosser: Can't Justify Zero Interest Rates In Current Economy