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- PA is King replied Mar 16, 2016
I second this. And like black opal said, if you are going to trade a higher timeframe...you need to lower your risk on the trade.

Just Another A/U Thread...
- PA is King replied Mar 16, 2016
Thanks for the comments Geppy! Many pips to you!
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- PA is King replied Mar 16, 2016
Great job on your trading bud! Glad to hear it...and nice to hear about the black opal. Sounds like you had a good time. Keep up the good work!Just Another A/U Thread...
- PA is King replied Mar 16, 2016
If you are trading the weekly timeframe, imho, then you need to make sure you're managing the trade properly(not trading too big of a lot size and giving lots of room for the trade to go against you). As of now, a/j has a nice 1hr pinbar with 15 ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
I don't really follow that pair, but just looking at the 1hr chart...it's doing the same thing, Higher Highs and Higher Lows. That selloff down around 84.00 is Higher than the Low on March 10th that was at 83.70ish. So I'd be bullish on that pair as ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
Tashkent, if you go to the Positions/Live Accounts section on FF, you'll see 59% of traders are Short Aussie...only 8 winners and 357 losers. That's kinda what I was eluding to earlier...a lot more people trying to short a strong uptrend, but look ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
.7618 for a high so far guys...Aussie took out Monday's highs, thus forming a Higher High! Uptrend still rolling along. Nothing like a 200pip rally from Wednesday's lows in only 13hrs!!!

Just Another A/U Thread...
- PA is King replied Mar 16, 2016
I know how you feel, been there and done that many of times. Recognizing it is key, regroup, and form a new plan...I'm sure you'll get all those pips back.

Just Another A/U Thread...
- PA is King replied Mar 16, 2016
Looks like the Aussie's took a page out of the US data...less job created than expected, but yet the unemployment figure drops!
Looks as though it's the same story just a different day...no matter what bad AUD or China data comes out, A/U ...Just Another A/U Thread...
- PA is King replied Mar 16, 2016
I do have a dirty little secret...I don't win all my trades. In fact, I do suffer from self discipline issues at times. While I may be able to read the charts and price action pretty well...that doesn't always mean I can pull the trigger to enter or ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
The market is fluid and always changing...so while you may have a bias on a certain pair, you have to remain objective and look for the possibilities of a reversal at any time. While my bias is still bullish on the Aussie, I also need to make sure ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
I agree with you, the downside bias has changed to the upside. The question really should be, what type of trader are you? Are you a position trader that holds trades for a long time? If so, then you should fully expect days when price drops and ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
You are correct, it's not an interactive trading thread with real trade. In fact, a lot of times I miss the trades because they happen while I'm sleeping(I'm on East coast US time...and a lot of trade setup during London session while I'm sleeping). ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
First things first, I was not talking about you. I was talking in general that I've read comments about the Aussie rally being temporary and that price should go back to .7100, .7000, or lower. I'm not calling anyone out. Second thing, I don't post ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
It took A/U 2 1/2 days to drop 180pips from Monday's highs to Wednesday's lows....but it only took 9 hours for it to rally 160pips! Let that sink in!

Just Another A/U Thread...
- PA is King replied Mar 16, 2016
That's GREAT news!!! I read so many posts in other AUD threads about people going short or who have been short for weeks thinking some "Big Drop" is about to happen any minute. But week after week A/U just keeping going up. I shake my head at how ...
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
The only thing that may cause a dip in Aussie, not change the trend though, could be AUD news tonight.
Just Another A/U Thread...
- PA is King replied Mar 16, 2016
just wait for Asian and London sessions. They were closed during fomc news.
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