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- PA is King commented Feb 10, 2015
Eventually either .7750 or .7850 will break down. But for now, it's been a pip gold mine!!!!
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 10, 2015
Looks like we've bottomed out again...long at .7763. See if the .7750 holds again.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 10, 2015
Nope, lowest chart I go is 15min.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 10, 2015
Well, 75 more pips in the bank! Sold Aussie last night at .7830 and took 40pips. Then bought at .7768 and just took 35pips profit! This .7750 to .7850 range is great!!!!!
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 10, 2015
Lol...remember the range I've been talking about since last week my friend? It's still in place.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
Sorry, I dont follow nzd...can't help there.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
EXACTLY! Next estimate of a rate cut is August...months away!!! No reason for more selling. Good U.S. news, bad China and Australia yet price doesn't sell off...that right there should tell you selling is over!
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
Won't be hard to beat that lowball number either.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
??? No surprises here....Aussie couldn't stay below .7750 last week. It couldn't stay below .7750 on Sundays gap down. Market makers have a lot of traders trapped short below .7700 and they aren't going to let them out of their trades.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
Wait until Wed. night and Aussie's employment news...that will probably be the only chance for A/U to sell off. If it can't then, then we are heading to .8000 initially.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
lol...nice rally on bad China news. As I said last week, there was a major shift in the Aussie after the interest rate cuts and that 200pip rally! Price can't even stay below .7750, let alone hey back below .7700.
Chinese Producer Prices Tumble For 34th Month In A Row, Worst 'Deflation' Since Oct 2009
- PA is King commented Feb 9, 2015
.7750-.7850 is the range I've been playing
China Posts Record Trade Surplus as Imports Slump on Oil Prices
- PA is King commented Feb 9, 2015
Make that 70pips and still climbing higher.
Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, EUR/GBP - SEB
- PA is King commented Feb 9, 2015
Price Action proved me right again...major support for Aussie at .7750! 60pip rally from there already.
Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, EUR/GBP - SEB
- PA is King commented Feb 9, 2015
Mark me down for another 40pip profit! But this time I went long Aussie Just above .7750...as I mentioned above, it just doesn't want to stay below that number!
China Posts Record Trade Surplus as Imports Slump on Oil Prices
- PA is King commented Feb 8, 2015
Well there you go, Aussie found support at .7750 once again.
China Posts Record Trade Surplus as Imports Slump on Oil Prices
- PA is King commented Feb 8, 2015
I'm fairly neutral at this point...trend overall is still down but there are signs of a possible correction. Last week was pretty much just consolidation between .7750 and .7850 with spikes above and below but always returning within that range.
China Posts Record Trade Surplus as Imports Slump on Oil Prices
- PA is King commented Feb 8, 2015
I rarely hold a trade over the weekend...this being a good example why.
China Posts Record Trade Surplus as Imports Slump on Oil Prices
- PA is King commented Feb 8, 2015
Well well, market just did open with a gap down...30pips. Glad I don't trade based on guessing.
China Posts Record Trade Surplus as Imports Slump on Oil Prices