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- PA is King commented Sep 3, 2014
Careful with that short. A/U should go back up to .9330 today. That would totally erase yesterday's selloff confirming Bulls are still in control. I stand by my comments...Aussie is the best pair to trade. Buying dips below .9300 has proven to be ...
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB
- PA is King commented Sep 3, 2014
Same story, different day. Aussie is the best currency to Buy!
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB
- PA is King commented Sep 3, 2014
Sorry to hear they took out your stops binnie. Especially now since price is right back above .9300.
Australia National Accounts: National Income, Expenditure and Product
- PA is King commented Sep 3, 2014
Well, I couldn't have called that any better. A/U just loves to fake people out by Dipping below .9300 only to rally back up above it! Until the day comes when A/U finally closes below .9200 on the Daily chart, your safest trade is to BUY the Dips ...
Australia National Accounts: National Income, Expenditure and Product
- PA is King commented Sep 2, 2014
Not to take away anything from Deano....it appears that we've found support hear at the .9270 area just like last week. Unless Mr. Stevens says something unexpected tonight to cause further weakness, I'm actually expecting A/U to go back up around ...
Australia National Accounts: National Income, Expenditure and Product
- PA is King commented Sep 2, 2014
Looks like we are done selling for today, long at .9278 with a tight stop under lows of the day.
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- PA is King commented Sep 2, 2014
Hard to say at the moment. A/U has been acting a little funny to start the week. I actually skipped trading all together and avoided the news during Asian and early London sessions. It does seem that price has found support at the .9285 area for the ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
- PA is King commented Sep 1, 2014
Alright, 1hr chart closed below the support level I was looking at. Yesterday price went up on bad news, tonight it went down slightly on good Aussie news. Although very little movement overall. Point being, market isn't behaving normal...I ...
Euro sees little reprieve in holiday trade, Aussie eyes rate call
- PA is King commented Sep 1, 2014
Pre-news stophunt or early news leak perhaps?
Euro sees little reprieve in holiday trade, Aussie eyes rate call
- PA is King commented Sep 1, 2014
With the lack of movement today and follow through either up or down...I'm a bit cautious on A/U. However, it does appear to be making a Double Bottom on the 1hr chart at the 200ma around .9325 +/- 5pips. Careful with news later tonight...Happy ...
Euro sees little reprieve in holiday trade, Aussie eyes rate call
- PA is King commented Sep 1, 2014
100% agree. I hate the 50:1 limit on leverage and the FIFO rules the most! A good trader can use those to their advantage!
OANDA halts margin trading on precious metals in the United States
- PA is King commented Sep 1, 2014
Steven's hardly ever rattles the market. Probably going to be a non event or Aussie rally.
RBA seen steady on rates; statement crucial
- PA is King commented Sep 1, 2014
Prefect examples Sunday night of why you should ignore news numbers and just trade the price action. There were 3 Aussie and 2 China news releases...all 5 came in worse than expected! But did price selloff off? Not at all, in fact price went up ...
RBA Index of Commodity Prices: August 2014
- PA is King commented Aug 28, 2014
I was just having some fun.
Safe-haven yen and Swiss franc gain on Ukraine worries
- PA is King commented Aug 28, 2014
How come no one ever mentions Aussie as a safe haven? It has held up well this year and it has a good interest rate.
Safe-haven yen and Swiss franc gain on Ukraine worries
- PA is King commented Aug 27, 2014
Looks like price is heading straight sideways. I could turn into a Leg1 Leg2 pattern upwards. However, I need to get some sleep so I'm taking 25pips and calling it a night. Happy Trading!
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Yep! You, some others, and me have been trying to get this message across about news for a while. I hope it's helping some traders out there! Cheers!
Australia Private New Capital Expenditure and Expected Expenditure
- PA is King commented Aug 27, 2014
Hasn't really mattered lately...Yesterday was bad news and price went up. Tonight's First Aussie news release was bad and it still stayed up.
Australia Private New Capital Expenditure and Expected Expenditure