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1 POST Show pony for the risk on trade is the Aussie dollar, is it about to crack

The Aussie dollar has been the show pony for the risk on trade. Ben Bernanke endorsed the risk off trade today, yip thats right, he speaks stocks sell off and the dollar rallies. Who would have thought ! All the Aussie dollar longs will be a tad nervous to say the least.



The Aussie dollar (FXA Etf) has been expecting to top out in mid 2011. It maybe here this week! The perma $AUD bulls may ( but very unlikely ) keep it up for a while yet, but we are hoping to sell it on a break out south. The boomerang is coming back.



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Here is a chart showing the cycle top expected in 2011. Just like clock work (created at 04/2011)

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The Aussie dollar has been the show pony for the risk on trade. Ben Bernanke endorsed the risk off trade today, yip thats right, he speaks stocks sell off and the dollar rallies. Who would have thought ! All the Aussie dollar longs will be a tad nervous to say the least.The Aussie dollar (FXA Etf) has been expecting to top out in mid 2011. It maybe here this week! The perma $AUD bulls may () keep it up for a while yet, but we are hoping to sell it on a break out south. The boomerang is coming back.Here is a chart showing the cycle top expected in 2011. Just like clock work (created at 04/2011)







Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.



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Investing Quote...



..."Vibration is fundamental; nothing is exempt from this law; it is universal, therefore applicable to every class of phenomena on the globe."...



William D Gann





.."The key to making money in stocks is not to get scared out of them"



Peter Lynch





.."Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception"..



George Soros





..“Don’t try to buy at the bottom and sell at the top. It can’t be done except by liars.”..



Bernard Baruch





.."It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong"..



George Soros









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