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- PA is King commented Dec 2, 2014
Stick with the trend, you'll win more than lose. Just be patient for retraces to short in down trends...or pullbacks down in order to long on up trends! Just being disciplined enough to follow those 2 rules will help any trader become profitable!
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
The big traders are piling into the USD before the holidays...I don't expect them to take out their money...just let it sit the last few weeks of the year and into the new year. Once they are done buying USD...the market will either consolidate or ...
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
Speaking of .8600...I'm officially changing my statement from earlier this week url Instead of 4% chance of going to .8600, I'm revising that down to 0.5%. But hey, there's still a chance and that's only b/c of NFP on Friday!
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
Surely you're not talking about Mr. Crow...who said it was going up above .8600???
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
hehe...I'm sure there are a lot that don't like me now.
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
Ignore news, trade price action! Your account will thank you for it!
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
.8430-50 is now broken support...so if price happens to retrace that far, look for price to stall and then short!
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
I told everyone a couple weeks ago a/u was going to .8400. I said t again on Monday! Then I told you it was going to selloff after GDP news no matter what! BAM...Right Again!
Australian National Accounts: National Income, Expenditure and Product
- PA is King commented Dec 2, 2014
Just watch Aussie GDP tonight...if it's good, watch the selling after the initial knee jerk spike up. If it's bad, just watch the selling!
Australian PSI: Services sector continues to struggle in November
- PA is King commented Dec 2, 2014
200 is my favorite ma!
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- PA is King commented Dec 2, 2014
Sell the Rallies in a down trend!
Dollar Rises to 5-Year High on Economy as Ruble Slides With Oil
- PA is King commented Dec 2, 2014
Still not going to rally the Aussie no matter how you spin it.
HSBC – Further RBA rate cuts ‘unlikely’
- PA is King commented Dec 2, 2014
Aussie is getting wound up...beware of false move higher before the next drop!
Dollar Rises to 5-Year High on Economy as Ruble Slides With Oil
- PA is King commented Dec 2, 2014
After falling 110pips from it's highs today(close it it's normal ADR)...Aussie have found TEMPORARY support at .8430. BUT there are NO buyers as price consolidates in a narrow range between .8430-60! Once again, yesterday's rally was a FAKE RALLY! ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- PA is King commented Dec 2, 2014
Unless NFP pushes Aussie up, you aren't going to see .8600! Price hasn't even been able to stay above .8500 for 2 days now. And it's having a hard time at .8450! Of course, I know you're more of a longer term trader...so should I say, better luck ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- PA is King commented Dec 2, 2014
Been there, done that. If it works for you, Great. However my comment in more in the general sense, especially those new to forex. I recommend higher time frames before trying to be profitable scalping. Cheers!
Australia Building Approvals
- PA is King commented Dec 2, 2014
And just like that...we are now over 100pips straight down today!!! How's the so called "good news" working for the Aussie??? hahahahaha It's a joke some days how easy it is to read the market! EXACTLY has I told everyone yesterday...SELL THE ...
Australian Landlords Take Record Debt as Rent Yields Fall