- Search Energy EXCH
- PA is King commented Aug 27, 2014
Well, that was a good 1hr candle close...not so good 15min candle price has seemed to stall. I'll be watching this next 15min candle closely to see which direction price wants to go(whether it breaks above or below the prior candle).
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Pretty much 90% of the time. Occasionally E/U, E/J, or G/U.
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Ok, that was a good 15min candle close above .9350. I'd like to see this next candle go up and retest the highs(hopefully make a new one). But also, I'd like to see the 1hr candle close above .9350 now. IF we happen to get a retest of the highs and ...
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Well, there's a nice news spike up to .9370! At this point my stoploss would be moved to breakeven and it's a FREE Trade!!!
Now me, being a day trader...I like to try for 50pips at my goal, but often times price doesn't give that to you so I take ...AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Now, here's how I'd manage the trade...seeing how price has now spiked up to .9344, I'd be looking to move my stoploss up some(I like to move it up once I'm about 20ish pips positive). I'd be looking to move it up around .9315-20(or you can just ...
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
What was prior resistance at .9330 seems to be providing support now! Will it last? I have no idea. But in the world of probabilities and forex...one could go long around .9330 with a stop around .9310ish. Targets would be retest of today's high ...
AUD/USD – Showing Some Life Above 0.93
- PA is King commented Aug 27, 2014
Smart trader here. There's a little too much hype in the market for USD right now. But Draghi is doing a good job of battling Yellen for weakest currency.
Who will raise rates first: Yellen or Carney?
- PA is King commented Aug 27, 2014
How's that bearish view of Aussie working out for you? I don't ask to be mean, but ask just to point out the fact that being bearish Aussie is just flat out wrong. I don't know if you are short Aussie or looking to short Aussie, but it's just not ...
Australia Construction Work Done
- PA is King commented Aug 26, 2014
Just so I'm a little more clear here...I'm not implying anyone should buy A/U at these highs. One should always Buy the Dips for Longs...and Sell the Rallies for Shorts.
Australia Construction Work Done
- PA is King commented Aug 26, 2014
Poor Aussie data, Poor China data, Fairly good US data, USD stronger against Euro, Pound, Swissy, Loonie, Yen...Yet there is absolutely no selloff on Aussie. Just food for thought. Happy Trading!
Australia Construction Work Done
- PA is King commented Aug 26, 2014
To be honest, I don't really follow NZD. I'll leave that pair up to you or someone else to discuss.
Dollar flies high as euro struggles on ECB easing expectations
- PA is King commented Aug 26, 2014
Just let me know when A/U closes below .9200 on the Daily chart.
Dollar flies high as euro struggles on ECB easing expectations
- PA is King commented Aug 26, 2014
True, USD is strengthening against most currencies...Except Aussie and NZD!
Dollar flies high as euro struggles on ECB easing expectations
- PA is King commented Aug 26, 2014
Buy Aussie? Consolidation from April through August? I swear I've seen someone else mention that before!
AUD/JPY Signals Bullish Continuation with Key Breakout
- PA is King commented Aug 26, 2014
lol...anyone who pokes fun at the FED is A-OK in my book!
Yellen Job-Slack View Muddied by Pent-Up Wage Deflation
- PA is King commented Aug 26, 2014
Sorry guys, I've been out of the posting loops for a few days and jumped back in a little too strong.
Happy Trading! p.s. On a side note...the upside momentum has been slowing down too. Seems like .9330 area is the place to take profits. The ...Yellen Job-Slack View Muddied by Pent-Up Wage Deflation
- PA is King commented Aug 26, 2014
I can't say it enough...Time after Time, Again and Again....Each Aussie dip below .9300 should be bought because it ALWAYS rallies back up above .9300. It's been doing that since APRIL! 5 Straight months now...it's the SAFEST out there. Buy The Dips ...
Yellen Job-Slack View Muddied by Pent-Up Wage Deflation
- PA is King commented Aug 25, 2014
Happy to hear that! Many pips to you!
AUD/USD – Rallies and Clings onto Key 0.93 Level