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- PA is King commented Jun 18, 2014
Got your message, couldn't reply due to your restriction settings...but thanks. Happy Trading!
Australia Westpac-MI Leading Index Continues To Flag Slowdown
- PA is King commented Jun 18, 2014
Hit the stoplosses high(or get people thinking long), hit the stoplosses short(or get you thinking short), and back up again...nice whipsaw.
FOMC Statement
- PA is King commented Jun 18, 2014
You have me beat...I'm just under a decade.
I was curious, you didn't mention g/u even though you said g/a....do you need a gbp pair or how does e/u & a/u allow you to trade g/a? Feel free to message me if you don't want to put it on here.Australia Westpac-MI Leading Index Continues To Flag Slowdown
- PA is King commented Jun 18, 2014
Oh yeah, the crosses are nice movers. I've started studying e/a and trying to learn it's habits more. Keep up the good work and enjoy those pips!
Australia Westpac-MI Leading Index Continues To Flag Slowdown
- PA is King commented Jun 18, 2014
lol...sure, lets go with that.
Actually, there's a bunch of nothing going on with aussie and euro...I'm out at this point and just waiting for some normal movement to start again before trading.Australia Westpac-MI Leading Index Continues To Flag Slowdown
- PA is King commented Jun 17, 2014
14hrs of support at .9330...that's all I'm gonna say.
Australia Westpac-MI Leading Index Continues To Flag Slowdown
- PA is King commented Jun 17, 2014
Looks like we found today's bottom at .9330 area...4 hrs of rejection there, London closing and entering slow time of the market. Well probably retest .9350-70 area later today/tonight.
AUD/USD - Fading near the key resistance at 0.9461
- PA is King commented Jun 17, 2014
My thoughts exactly. The RBA might be concerned about the strength of the Aussie, but they aren't talking about doing anything about it either. And they haven't mentioned .8500 since last year! It's kinda like Draghi and the Euro...all he did was ...
RBA Monetary Policy Meeting Minutes
- PA is King commented Jun 17, 2014
I'm looking at .9310 area for today's low. Would be near a nice pysch level, the 4hr 200ma, and close to Aussie's ADR. Should find some support there. Let me know if a/u ever closes below .9200 on the daily chart and then I'll think about a short ...
Aussie Still Looks Strong after Initial Reaction to Dovish RBA Minutes
- PA is King commented Jun 16, 2014
Sounds about right. It had 8 straight daily bullish candles, a pullback should be expected.
RBA Monetary Policy Meeting Minutes
- PA is King commented Jun 16, 2014
Looks to me that everything was expected or a little better, therefore they are staying the course.
RBA Monetary Policy Meeting Minutes
- PA is King commented Jun 16, 2014
It's going to be more than a week...USD has been and will be in trouble for years. That being said, nothing is going to move in a straight line...ebbs and flows, but overall the USD will be weaker in the long run. Happy Trading!
IMF cuts 2014, longer-term U.S. growth forecasts
- PA is King commented Jun 16, 2014
I agree...these people are always too optimistic instead of truthful with their projections. Should save themselves some time and just cut the forecast now.
IMF cuts 2014, longer-term U.S. growth forecasts
- PA is King commented Jun 16, 2014
They should have cut the growth for 2015 too. The US will continue to underperform until some real leaders get in place to make any type of difference. And good luck with that any time soon, if at all!
IMF cuts 2014, longer-term U.S. growth forecasts
- PA is King commented Jun 12, 2014
a/u is only putting in it's 8th straight bullish daily candle...pretty good stuff(if you're long).
AUD/USD Shrugs off Poor Jobs Data and Challenges 2014 Highs
- PA is King commented Jun 12, 2014
That's because actual news numbers don't matter...it's how the market makers, big traders, etc...react to the news that matter. And I agree, bullish. As mentioned a couple days ago I saw .9400 first target, then possibly .9500 in a few days/next ...
Australia Labour Force
- PA is King commented Jun 12, 2014
Don't really follow the fibs, so I can't really comment...but I do use the standard 200 and 50 ma's....the last week of May provided support around .9200-20 on the Daily 200ma. Price has been riding up the 1hr 50ma since last week. It appears that ...
Australia Labour Force
- PA is King commented Jun 12, 2014
For those looking to short a/u, this is the best spot I can see to short(.9400)...but I won't use more than a 25pip stoploss as the uptrend is fairly strong. For those looking to long, hope you bought on that news dip earlier and have moved your ...
Australia Labour Force
- PA is King commented Jun 11, 2014
Let's not forget February, March, and April when there was bad Aussie data and price still rallied. Be careful not to form only one opinion in price direction. Happy Trading!
Australia Labour Force
- PA is King commented Jun 11, 2014
HA! I love it, Unemployent rate worse than expected, Unemployment rate better than expected...price spikes both ways. lol
Australia Labour Force