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- PA is King commented Oct 9, 2014
Not really using fundamentals...but do keep an eye on central bank shifts in policy. As for news, I don't care if number are good or bad...I just care how price reacts to it. Cheers.

Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 9, 2014
It's pretty basic, Price Action. 1) Trade with the trend( which has been down on Aussie since beginning of September). 2) sell rallies, buy dips...again only trade in direction of trend. 3) enter at/near support/resistance areas. Also use ...
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 9, 2014
Thanks for the vote of confidence. It's s shame you don't know my system though, it's not only ADR. ADR was only a big factor this week. Many pips to you!

Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 9, 2014
Exactly right, that's why I didn't total them up. lol.
My pip goal is always 30-50pips. But there's always the option to exit early if the market isn't moving correctly. And on rare occasions I'll hold longer. Happy Trading! 
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 9, 2014
Bingo! There's my 30pip profit target at 8850! That makes 5 A/U short trades this week... +40, +40, -20, +30, +30! But what just amazes me is we've had 4 straight bullish days on Aussie and I made pips shorting. Doesn't happen that often. Patience ...
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 9, 2014
Alright, Short A/U .8880. 4 bullish days, 100pip daily candle today already, over bought conditions, weekend getting near, .8900 rejection....odds are we should be getting a move lower that meet my profit target goals.
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB
- PA is King commented Oct 8, 2014
I'll second that, these articles don't mean anything...price action is everything.

Australia Labour Force
- PA is King commented Oct 8, 2014
Well, as bearish as I am on Aussie....this retrace was bound to happen due to the steep selloff the weeks prior. And after dovish FOMC(Yellen loves to weaken the USD) and now that price has rallied over 60pips on BAD Aussie news...the market just ...
Australia Labour Force
- PA is King commented Oct 8, 2014
Well, I do concede...after the dovish FOMC(no suprise there...Yellen always wants a weaker USD). And now that price rallied 60pips after BAD Aussie jobs news...it's pretty obvious the bulls are in control for now(not that the trend has changed, just ...
Fed Officials Saw Global Slowdown Among Risks to Outlook
- PA is King commented Oct 8, 2014
Haven't heard that before.
Well, wasn't that news just lucky...another 30pips on my short from 8838. Cancels out my 20pip losing trade from earlier. Happy Trading!Fed Officials Saw Global Slowdown Among Risks to Outlook
- PA is King commented Oct 8, 2014
Short again at 8837.
Fed Officials Saw Global Slowdown Among Risks to Outlook
- PA is King commented Oct 8, 2014
Yep, you're right...I played that card one too many times. Took a 20 pip loss. Looking to enter again...
Fed Officials Saw Global Slowdown Among Risks to Outlook
- PA is King commented Oct 8, 2014
Just shorted A/U again at .8812.
should be another easy. 30-50 pips!Fed Officials Saw Global Slowdown Among Risks to Outlook
- PA is King commented Oct 8, 2014
Not sure about anyone else, but I just closed for another 40pips on that last dip down below 8770.

Australia's Statistics Bureau said it will revise seasonally-adjusted jobs data for July,...
- PA is King commented Oct 8, 2014
Nice rally in Aussie again. I'm short at .8811. Again, looking for 30-50pips profit. If price closes above yesterday's highs I'll exit for about a 25pip loss and look for the next resistance area to short at(could be the 8850-8880 area if it ...
Australia's Statistics Bureau said it will revise seasonally-adjusted jobs data for July,...
- PA is King commented Oct 7, 2014
Thanks! I'm sure some made some profit this week buying aussie, but that's just not my style. I'm more profitable being patient, waiting for retraces and trading with the trend. Something I recommend for newbie's until they get some experience and ...
Australia's Statistics Bureau said it will revise seasonally-adjusted jobs data for July,...
- PA is King commented Oct 7, 2014
I told everyone this morning I was going to make 30-50pips shorting A/U at .8830! I took 40 just now.
url Trend is your friend...Sell the rallies! Cheers!Australia's Statistics Bureau said it will revise seasonally-adjusted jobs data for July,...
- PA is King commented Oct 7, 2014
What? After all the build up the last few weeks on USD...no one loves the dollar this week? lol Ebb and Flow my friends!
btw...120pips daily candle on Aussie yesterday, 110pip candle today so far. I'm short at .8830. Will get 30-50pips out of ...Dollar Rally Cut By EUR Options
- PA is King commented Oct 7, 2014
I think you guys are on to something here...news events cause the market to move, but not always in the direction one expects. Happy Trading!

Statement by Glenn Stevens, Governor: Monetary Policy Decision