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- PA is King commented Oct 7, 2014
Sorry for the late reply, went to bed last night before RBA news came out(took 30pips on my short trade before news came out)...looks like we got an initial selloff after RBA news but then a rally so I'm glad I wasn't around for that. I didn't read ...
Fed’s exit strategy was designed by Peter Pan, former central bank economist says
- PA is King commented Oct 6, 2014
I'm mainly a day trader, although on occasion I may hold a trade longer. I made a nice 100pips off nfp on Friday thanks to the fake rally last week. I expect yesterday's Aussie and Chinese holidays allowed the market to move up today...along with ...
Fed’s exit strategy was designed by Peter Pan, former central bank economist says
- PA is King commented Oct 6, 2014
Nice fake rally in AU, shorted it at .8768.

Fed’s exit strategy was designed by Peter Pan, former central bank economist says
- PA is King commented Oct 3, 2014
Thank you NFP! 100pip profit...done for the day. Have a good weekend everyone!

Australia Building Approvals
- PA is King commented Oct 2, 2014
Seems some stops were triggered on that move up to today's highs. I'm in short again at .8814.

Australia Building Approvals
- PA is King commented Oct 2, 2014
Looks like the US traders are loving the Aussie today. Once London closed, the Aussie has gone straight up 60pips and making new highs for today.
Australia Building Approvals
- PA is King commented Oct 2, 2014
Glad I took my profit when I did...a/u is back up 30pips now
Australia Building Approvals
- PA is King commented Oct 2, 2014
Seems like price is having a hard time around .8760...so I just closed my trade for +40pips. Sell the rally works again...even on bullish daily candle! hehe

Australia Building Approvals
- PA is King commented Oct 1, 2014
China's on holiday, the aussie bulls will play! hehe It's a shame my timing is off this week...I thought A/U was going for .8700-.8750 on Tuesday(1hr 200ma was at .8750 then...it's now at .8705). Be careful with NFP coming out in a couple days! ...
Australia Building Approvals
- PA is King commented Oct 1, 2014
On a bright note, Mr. Stevens says a weak Aussie is good for the country.

Australia Retail Trade
- PA is King commented Oct 1, 2014
I didn't get to Hang 10....just 15pips after that bounce up in price. Price seemed to range between .8700-8750 this afternoon. Waiting for the next setup.

Australia Retail Trade
- PA is King commented Oct 1, 2014
lol...nice! This trade is working out MUCH better than the first. I like it when price goes in your direction fairly quickly instead of consolidating. Already up 20pips!

Australia Retail Trade
- PA is King commented Oct 1, 2014
Alright, got the news spike out of the way...price doesn't look like it's breaking yesterday's highs and it's almost rallied it's normal daily range, so I'm short again at .8734.
Australia Retail Trade
- PA is King commented Oct 1, 2014
Looks like we hit some resistance around .8725ish...which happens to be the 1hr 50ma. I'm short again at .8720, no more than 25pips risk on this trade and looking for 30-50pips profit. update: I was hoping to be in some profit before US news release ...
Australia Retail Trade
- PA is King commented Oct 1, 2014
There where multiple people who told me to short months ago. But yes, I was bullish on Aussie for most of the year since it was trending up and then consolidated sideways. And if you recall, I also kept saying that once price closed below .9200 on ...
Australia Retail Trade
- PA is King commented Sep 30, 2014
I'd really like to see .8660 broken and see how many stops are tripped(whether it's a lot or just a few)...would be interesting to see how price reacts.
Australia Retail Trade
- PA is King commented Sep 30, 2014
I find it quite funny that A/U has sold off nearly 80pips on retail data. In fact, I don't think that's the reason at all. The trend changed (for me personally based on how I trade) when the daily candle closed below .9200 at the beginning of ...
Australia Retail Trade
- PA is King commented Sep 30, 2014
When the trend changes...plain and simple. Happy Trading!

Australia Retail Trade