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- PA is King replied May 25, 2016
Hi Blackopal, I've attached a chart per your request. It's a simple price action view point. Hope it makes sense.
- PA is King replied Apr 7, 2016
Folks, that's some interesting price action overnight while I was sleeping...I did not see this kind of drop coming after yesterday's rally. But the market will do what the market wants and I was wrong this time. I've attached a couple of ...
- PA is King replied Apr 6, 2016
As expected, Buying dips on Aussie is still the preferred trade! Still haven't seen a Lower Low or Lower High on the 4hr chart yet. Price was unable to break below yesterday's lows...it barely came within 20pips of yesterday's lows but could never ...
- PA is King replied Mar 28, 2016
Hope everyone had a good holiday break! Here's a couple charts to start out the week. Overall, I'm still bullish on the Aussie but also see some possibilities of short trade setups. Overall, the 4hr chart is still trending up that's why I give more ...
- PA is King replied Mar 23, 2016
Well, it's still too early for me to tell whether this is a trend change or just a larger pullback. We'll need some more time/data to verify, but it looks like the start of one at least. I've attached a 1hr and 4hr chart of just Price Action where I ...
- PA is King replied Mar 16, 2016
Until the trend/pattern changes...
- PA is King replied Mar 16, 2016
The market is fluid and always changing...so while you may have a bias on a certain pair, you have to remain objective and look for the possibilities of a reversal at any time. While my bias is still bullish on the Aussie, I also need to make sure ...
- PA is King replied Mar 16, 2016
One more chart...
- PA is King replied Mar 16, 2016
I agree with you, the downside bias has changed to the upside. The question really should be, what type of trader are you? Are you a position trader that holds trades for a long time? If so, then you should fully expect days when price drops and ...
- PA is King replied Mar 11, 2016
Can't say I didn't warn you...the facts are right on the charts. Higher Lows, Higher Highs! It's an UPTREND...there is never any follow through on selling. Any bad Aussie news is followed by BUYING. Any Good USD news is followed by Aussie BUYING. 5 ...
- PA is King replied Mar 10, 2016
Well guys and gals, same story different day...Aussie's "dip" on Thursday was nothing more than a Higher Low pullback as you can see from my chart below. Price couldn't stay below .7430 on this dip. And now it's right back above the 1hr 50 it's been ...
- PA is King replied Mar 9, 2016
I wouldn't be surprised if we hit .7580-7600 based on the Daily chart and the prior support area line I drew in there. That could be where this is heading to retest and for possible resistance.
- PA is King replied Mar 9, 2016
Just thought I'd post a couple more charts. Yesterday price stayed above .7400(which is where I said it need to break down below for any further correction lower...but didn't do that). So you can see, it was a good place to "Buy the Dip" and make ...
- PA is King replied Mar 8, 2016
There might be a bigger correction coming, I'm still bullish on Aussie. But to "buy a dip" you need a correction/pullback lower. If price can get below .7400 we should get a better correction. I forgot to add on the chart, it looks like a possible M ...
- PA is King replied Mar 8, 2016
Anyone buy the dip on Aussie when it pulled back to the 1hr 50ema and stalled??? Easy 30-50pips!
- PA is King replied Mar 2, 2016
Remember that Daily chart I posted a early yesterday? Here's the update...
- PA is King replied Mar 1, 2016
That could very well happen. Here's what I'm watching. I have a breakout to the upside bias based on the fact that price has been trending up and that no matter what bad news AUD has or what good USD news there is, Aussie keeps rallying from any ...
- PA is King replied Mar 1, 2016
Here's one other chart for you....remember last week I said to look at the Aussie Daily chart for early and mid February??? Notice what happens every time there is a 1 day selloff on Aussie? Price spends the next few days rallying. There is NEVER ...
- PA is King replied Mar 1, 2016
Stay story different week, Aussie has bad data Sunday night and Monday night but failed to follow through on any selling. My Bias is still to buy the dip on Aussie near the bottom of the up trend. I've attached a 4hr chart showing how price has been ...
- PA is King replied Mar 1, 2016
Here you go dab, this is how my weekly chart looks. Last week(after Friday's selloff) was the first bearish candle in 6 weeks.