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- PA is King commented Jul 25, 2014
I would say Aussie is the better safe haven with it's higher interest rates and more stable economy....but that's just me.
EUR Not A Safe-Haven; GBP Is The New CHF - Morgan Stanley
- PA is King commented Jul 24, 2014
Doh, after moving above yesterday's daily candle to make a new weekly high...looks like Aussie is going to make me a liar this week for 3 bullish daily candles.
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 24, 2014
It's exactly a FAKE move...the banks/market makers push price one way to induce traders to go short(or "clear their orders" as you say) only to have price go the other way later. It's also called a False move. Heck, you can call it whatever name you ...
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 23, 2014
Unfortunately it's true, it's not wise to open/close trades during news releases. It's one of the legal ways brokers can widen spreads and rip you off.
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 23, 2014
Price hit resistance during US session between .9455-60. That china data pushed A/U above .9460 and it's retesting it now...watch and see if it turns to support(it needs to stay above it for a few hours(4-5) for me to consider it support. If so, the ...
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 23, 2014
Oh, let's not forget today should be our third daily bullish candle after our one bearish candle from Monday.
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 23, 2014
Another easy 30pips buying Aussie on the FAKE pre news selloff! Entered. 9439. If you look at the 1hr chart you can see where price spiked last night to. 9430-35 and then stalled for a few hours before continuing higher. Then that broke resistance ...
HSBC Flash China Manufacturing PMI
- PA is King commented Jul 23, 2014
Nope, I took my profit last night. Patiently waiting for another dip to buy. Market didn't dip at all today.
AUDNZD: Can the RBNZ Put the Brakes on the Rally?
- PA is King commented Jul 23, 2014
1) It was just a comment made in jest. Gotta have a little laugh from time to time you know?
2) China has been on thin ice for a while now and the market hasn't done anything about it. Eventually the Aussie will turn down, the charts will let us ...AUDNZD: Can the RBNZ Put the Brakes on the Rally?
- PA is King commented Jul 23, 2014
There will be no stopping the Aussie!
AUDNZD: Can the RBNZ Put the Brakes on the Rally?
- PA is King commented Jul 22, 2014
I have no idea what London or US session may provide...we'll see. All I do know is that typically every 1-2days of selling brings 3-5 days of buying. This would be Day 2 of buying so far. Have a good night all!
Australia Consumer Price Index
- PA is King commented Jul 22, 2014
Wow, it hasn't been that high for 3 weeks. We'll consider you a position trader. I'm a day trader...so different styles. Many pips to you!
Australia Consumer Price Index
- PA is King commented Jul 22, 2014
Thanks. Hope you're making lots of pips!
Australia Consumer Price Index
- PA is King commented Jul 22, 2014
As well as a bounce off the 1hr 200ma.
Australia Consumer Price Index
- PA is King commented Jul 22, 2014
How do you like them apples??? Another FAKE selloff in Aussie just before news and then a 50pip spike up. Add another 30pips to my account, thank you and have a good night!
P.S. you know bulls are in control when it spikes up 50pips on "as ...Australia Consumer Price Index
- PA is King commented Jul 22, 2014
Correct, I need someone to keep taking the other side of my long Aussie positions.
Why are the BRICS starting a bank? And 9 more FAQs
- PA is King commented Jul 22, 2014
Thanks for the kind words JollyBean! You know, sometimes it's just plain dumb luck with trades. I know I had a fairly good entry...but for price to spike up to my Target so I can exit(which looks like the highs of the day) was just luck! I mean, if ...
RBA Stevens: Challenges for Economic Policy
- PA is King commented Jul 22, 2014
You know, I don't often do this...but I'm rather proud of myself. Couldn't have called the Low of the Day any better! url post #8 on that page. I got in a little late at .9370, but that didn't stop me from taking 50pips on that last spike up to ...
RBA Stevens: Challenges for Economic Policy
- PA is King commented Jul 22, 2014
Winner Winner Chicken Dinner...BULLS Still In Control! All I see on the charts are FAKE moves below the 4hr(and 1hr) 200ma followed by Buying! Happy Trading!
RBA Stevens: Challenges for Economic Policy