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- PA is King commented Sep 8, 2014
Market got me on that one... -20pips.
Why a collapse in China’s housing market will hurt Australia
- PA is King commented Sep 8, 2014
I'm long A/U at .9328( .9330 was prior resistance turned support area). We've had a nice pullback from .9400 and should get some type of retest of that area. Also, the typically weekly pattern for Aussie has been a fake selloff Sunday/early Monday ...
Why a collapse in China’s housing market will hurt Australia
- PA is King commented Sep 7, 2014
They should change the Range to .9250-9400 at best...but more like .9280-9400.
AUD/USD – Maintains the Range Between 0.92 and 0.94
- PA is King commented Sep 7, 2014
I wouldn't say it's my turf...but it's the pair I personally focus on the most when trading. I know more about that pair than the others...but that's not to say other traders don't know more than me regarding Aussie. And others would definitely know ...
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- PA is King commented Sep 6, 2014
You are correct, you can go back 2 months and the only things that changes is that U/Chf only rallied 300pips instead of 600. All the rest are pretty much the same. Point being...while USD was getting stronger the last 2 months against most ...
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- PA is King commented Sep 5, 2014
The opposite actually...if the a/u pair can't drop when USD is strong against most other currencies, then that means A/U should continue up.
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- PA is King commented Sep 5, 2014
Allow me if I may...in the last 5 month's: E/U is down 1000pips, G/U down 800, U/Chf up 600, and U/J up 400....all signs of USD strength. EXCEPT A/U....A/U is up about 100 over the same period. The Aussie has been stronger than the USD. Check it ...
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- PA is King commented Sep 5, 2014
Nice post ForexMinute! There are other pairs to trade besides E/U! Have a good weekend!
NFP Disappoints with a 142K Print; EUR/USD's Pullback Might be Sold
- PA is King commented Sep 5, 2014
And just like I said a couple days ago...A/U headed for and reached .9400!!! That Bullish engulfing candle on Wed. The 1hr inverted Head&Shoulders. The bounce off the support level around .9250-60. Price Action Just Doesn't LIE!!!
What To Expect From NFP? - Views From 10 Banks
- PA is King commented Sep 5, 2014
LMAO...There's Yellen's excuse to keep interest rates low and keep kicking the can!
Payrolls in U.S. Rose 142,000 in August, Smallest Gain This Year
- PA is King commented Sep 5, 2014
Here's the best part about NFP and Aussie...even if the NFP is good and A/U sells off...even a 100pip drop would only put you at .9250ish, which would be a great buying opportunity.
What To Expect From NFP? - Views From 10 Banks
- PA is King commented Sep 5, 2014
Dang it, I knew that .9330 area which was resistance had turned into support. Also was expecting price to go back up and retest yesterday's highs around .9390...don't have a real reason why I closed my long, but wishing I had held it open now! ...
August Employment Report Tomorrow
- PA is King commented Sep 4, 2014
That last 1hr candle close just doesn't look right...I'm out for -5pips. See if it pulls back a littler further closer to .9300
August Employment Report Tomorrow
- PA is King commented Sep 4, 2014
Nice 50pip pullback on A/U back to a prior resistance area now turned support(appears to be for now at least)...with plenty of room to move up and retest today's highs, I'm long .9343.
August Employment Report Tomorrow
- PA is King commented Sep 4, 2014
Congrats!
lmao...smoke and mirrors. One of the many reasons I stick to day trading Price Action. Jobless Claims in U.S. Little Changed as Firings Dwindle
- PA is King commented Sep 4, 2014
With Yellen in charge and no interest rate increases until next year, you could very well be right! MANY pips to you!!!
Jobless Claims in U.S. Little Changed as Firings Dwindle
- PA is King commented Sep 4, 2014
Side note...Once Again, AUSSIE is proving why it's the BEST currency to buy!!!
Anyone short Eur/Aud??? That was a quick, easy 200pip drop! lmaoJobless Claims in U.S. Little Changed as Firings Dwindle
- PA is King commented Sep 4, 2014
This article speaks of a possible .9402 peak in A/U. I mentioned yesterday that it could be heading to .9400 as well. We have a nice looking 1hr chart Inverted Head&Shoulder...if price breaks upward, we should see a 60pip rally roughly and a price ...
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, USD/CAD - SEB