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- BergenGlobal replied Feb 13, 2012
King's Crown — Is anyone here familiar w/ a King's Crown pattern? It's a variation of a S&H pattern, and I was wondering if anyone had a chart available on hand? Gracias
AUD/USD
- BergenGlobal replied Feb 9, 2012
i did see that, certainly seems like the market's pricing in a negative outlook w/ the price action in the last 2hrs.
AUD/USD
- BergenGlobal replied Feb 9, 2012
china trade balance — anyone know when this data's supposed to come out?
AUD/USD
- BergenGlobal replied Feb 9, 2012
the USD's considered a safe-haven currency. when there is positive US data, investors look to put their money in higher-yielding assets, aka risk-ON assets. the aussie, nzd, gbp, and euro (altho i'm not so sure nowadays) are these type of assets. ...
AUD/USD
- BergenGlobal replied Feb 9, 2012
AUD & S&P — Everyone talks about S&P being well correlated w/ the Aussie. On 2/8 when the Aussie hit ~1.0845, S&P also peaked around 1351. Today, the S&P is peaking around 1353, yet the Aussie is struggling to find direction around ...
AUD/USD
- BergenGlobal replied Feb 8, 2012
news action — a lot of news coming out tmrw, good luck to all weaving the minefield
AUD/USD
- BergenGlobal replied Feb 8, 2012
as long as it keeps working, sure....and when it stops, i'll move on to something else
AUD/USD
- BergenGlobal replied Feb 8, 2012
While I certainly agree fundamentally a push up to 1.10, I don't see it technically. It definitely is overbought in the 6H and D timeframe. From my charts, the 6H seems to have the most harmonic movements. I think a short here and there won't hurt, ...
AUD/USD
- BergenGlobal replied Feb 6, 2012
i believe their only reason for existence is to lead the sheep into making horrible bets on fxcm, the company that runs and pays these "analysts"
AUD/USD
- BergenGlobal replied Feb 2, 2012
NFP — I'm a little confused about how the Aussie would react tomorrow with the news should there be some significant difference w/ the forecast. Is the Aussie a case of "risk-on" trade if the number's better than forecast or would the USD ...
AUD/USD
- BergenGlobal replied Feb 2, 2012
Yeah, that's exactly what I meant. I also just put in my entry long order at 1.075 before a big news day tmrw...will update you all on what I'll do with my millions tmrw
AUD/USD
- BergenGlobal replied Feb 2, 2012
Buy Support, Sell Resistance. That's a helluva resistance ...just sayin'

AUD/USD
- BergenGlobal replied Feb 1, 2012
True...I guess at this point, no ratecut would be the bigger move.
AUD/USD
- BergenGlobal replied Feb 1, 2012
i'd go as to say the RBA would cut rates to slow down the AUD. Its' strength will only work against the export-driven economy, so the RBA may want to cut rates to ease the strengthening.
AUD/USD
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Profit-taking Fridays
Started Jan 26, 2012|Trading Discussion|0 repliesCan anyone give me information on profit-taking Fridays? How often does this happen? Does ...
- BergenGlobal replied Jan 26, 2012
Update: Averaged down from 673, closed out and just gained a few pips. To be honest, I didn't really have a clearcut trading strategy when i first shorted 596. I was just planning on making a few pips off retracement of session highs yesterday, and ...
AUD/USD