- Search Energy EXCH
- PA is King commented Jan 22, 2015
That was a good call. Hopefully it does still retrace and stall around .8150 to give me another short opportunity.
AUD/USD – Key 0.82 Level Stands Up Again
- PA is King commented Jan 22, 2015
Yeah, I'm keeping that in the back of my mind. All bets are off during major news. Best to wait until dust settles and re-evaluate.
AUD/USD – Key 0.82 Level Stands Up Again
- PA is King commented Jan 22, 2015
Correct, that is what happens when the trend is broken...but it hasn't happened so far. We were ranging...but yesterday price dropped below the narrower range. Overall I'm still bearish on Aussie. Also, for me personally, I'm only taking short ...
Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
Aussie really struggling at .8100 level. Look at the pinbars on the 1hr chart. Also, price hasn't been able to close above .8100 for over 8 hours now. Unless it can clear that hurdle and get the retrace I want, will probably sit out on the move down.
AUD/USD – Key 0.82 Level Stands Up Again
- PA is King commented Jan 21, 2015
Ideally a retrace to .8150 would be nice. However, looks like a continuation pattern as I mentioned above....the Narrow 20pip range between .8080-8100 was the clue to me. I bet the market makers had a lot of longs trapped above .8100 and didn't want ...
Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
Ideally a short at .8150 would be nice....whether it retraces that far I have no idea. But where did I get that number??? Well, we were in a very defined consolidation area between .8150-.8250. Now that price has broken and stayed below there a ...
AUD/USD – Key 0.82 Level Stands Up Again
- PA is King commented Jan 21, 2015
Glad to see you have a good sense of humor!
Many pips to you!Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
Based on current price action, with price just consolidating in a narrow rage(.8080-.8100) we may not get a retrace. But I would not recommend selling the lows!
Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
Well, as I've been saying for weeks...it's safer to trade with the trend, thus...taking shorts on Aussie when it rallies. Today just proves my point! Nice to see we finally broke out of consolidation. Did anyone else make 100pips shorting just above ...
Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
Some are dreamers and some are realists. I know which one I am.
Backing for further upside on Gold and Silver
- PA is King commented Jan 21, 2015
All this volatility...yet it's business as usual for Aussie. Nothing really new to report, it's still in a consolidation phase. Very clear and narrow range between .8150 and .8250 with the occasional spike above/below in the broader range of ...
Backing for further upside on Gold and Silver
- PA is King commented Jan 20, 2015
History has not repeated itself.
How the White House Picks State of the Union Guests
- PA is King commented Jan 19, 2015
I'm sure you already know my view.
Various GDP leaks have China GDP at 7.3% or 7.4%
- PA is King commented Jan 17, 2015
Exactly what I was thinking.
Citigroup Said to Lose More Than $150 Million on FX Turmoil
- PA is King commented Jan 16, 2015
Ok, with all these brokers and clients losing money over the Swiss ordeal...I have only one question. Where did all the money go? If so many lost...then someone was a winner!
Citigroup Said to Lose More Than $150 Million on FX Turmoil
- PA is King commented Jan 15, 2015
That was an easy 50pips. When the normal adr on a/u is 100pips, and price rallies nearly 150...and hours the daily 50ma for the first time in a while...you should be able too make some profit.
Australia Labour Force
- PA is King commented Jan 15, 2015
Thanks! I never claim to be perfect, I just happen to be right more often than wrong. It's all about percentages in order to make profits in forex.
AUD selling as Copper crashes
- PA is King commented Jan 15, 2015
Well, price didn't stall at the 4hr 200ma at .8250...so no trade there. But I am short at the daily 50ma touch at .8280.
Australia Labour Force