daytrade diaries... june 25, page-3

Good Morning HLL and day Trade Diaries threaders,

From a t/a Futures trader perspective, yesterday's and last nights bounce from the broad market perspective was pretty much a given and as yet is not enough to suggest this current correction has completed. Though of course bear in mind that a broad market perspective does not mean that certain sectors and specific stocks within the market wont continue to rise or fall no matter what the general market does.

I also note with interest that the AUDUSD pair reached a critical t/a level last night and fell fairly dramatically resulting in a 'weaker' aud compared to the usd this morning compared to last night.

This latter factor is positive for our exporting companies and miners as well (cheaper Aus 'product' from an external perspective.)

Cheers, good luck and safe trading to you all.

From inception to now, this thread is my first point of call in the morning, and you lot have taught me heaps. Thankyou

;)